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Texas  + San Antonio  + Retail  | 

Car Wash Auction Offers Redevelopment or As-Is Use

Three car washes in Balcones Heights and San Antonio are up for sale later this month. The online sale will be held on May 26 and the opening bids range from $500,000 to $1 million, depending on the site.

The properties are well-suited for redevelopment or continued use, having been maintained with updated equipment, according to Hilco Real Estate LLC. The properties can be purchased individually or in any combination.

The first car wash in San Antonio is located at 19220 Blanco Rd., a heavily trafficked corridor just north of Loop 1604. The facility is a 6,419-square-foot building on more than 2 acres and has ideal c-store or retail redevelopment potential. Features include one express tunnel, one in-bay automatic wash and eight self-serve bays, all with updated systems. The site is situated less than 30 minutes from downtown San Antonio and less than one mile from the Vineyard Shopping Center.

The second location in San Antonio, 9576 Potranco Rd., is an established car wash offering nine bays, eight of which are self-service and one of which is an in-bay automatic wash. The property is zoned C3NA for general commercial non-alcoholic sales district. As an infill location, this site is surrounded by residential properties.

On a hard corner in Balcones Heights, the car wash at 205 North Crossroads represents an opportunity for a c-store/gas station or retail redevelopment. The property is zoned C-2 for commercial retail district. Five bays are self-service and one bay is automatic. This site has good ingress and egress with access to adjacent I-10 and retail, and is a 12-minute drive to downtown San Antonio.

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Hilco

About Michael Thwaite

Leveraging Technology to separate the signals from the noise. Michael Thwaite serves as Chief Technology Office for Connect Commercial Real Estate. He has a long history in FinTech, building high speed trading platforms processing millions of transactions a day for NYSE listed companies. More recently, Michael has consulted for SMEs in Government Services, Telecommunications and Legal along with writing on technology adoption where he has been published at Microsoft, BMW, and Tesla. Michael is an electric car junkie. He was served as president of Plug in America – a 501(c)(3) non-profit educational organization that promotes and advocates the use of plug-in cars – as well as Electric Auto Association. He has written publications titled “Tesla motors – How to Sell an Electric Car” and “Windows in Financial Services – Going Wireless in Weeks” and is an occasional college lecturer at Rutgers University.

  • ◦Sale/Acquisition
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