The Pit Stop, Pro Lube Shop

$445,000

Property Details

  • County: Wichita
  • Address: 501 SW Access Rd
  • Zip: 76367
  • Type: Commercial Property
  • City: Iowa Park
  • Price: $445,000
  • Acres: 1
  • State/Zip: Texas 76367
  • Status: Available

TALB Member:

Beau Byars | Agent/Salesperson

Byars Beau
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Property Description

FOR SALE: The Pit Stop, Pro Lube Shop, Iowa Park, TX

This commercial lot is 0.6026 acres and has frontage along the Highway 287 access road on the south side, at the SW corner of the intersection of the Highway and FM 368, on the northern side of the Iowa Park city limits. Per the Texas Department of Transportation, this site received over 19,000 average daily traffic in 2018. It currently has an oil change business on it - The Pit Stop - which is a well known and highly trafficked business.

The Pit Stop has entrances off of both roads, so it can handle traffic from either side. Per the tax appraisal district, the building was built in 2008 and has 2,800 sq ft under roof. It has exterior metal siding and interior insulation. There are four bays: two for oil changes, one wash bay and one with a lift for servicing vehicles. An office with air conditioned waiting room and storage room make up the remainder of the sq footage.

The lot is located next door to the following businesses: a Cajun BBQ restaurant, a liquor store, gas station, McDonald's and Taco Bell. Two churches and residential neighborhoods are behind it. This property has a lot of potential to develop or ran as its existing business. Financials are available upon request, with Buyer's pre-qualification letter and signed non-disclosure.

Property Taxes in 2019 were $5,605 for the real property, $720 for business property.

LIST PRICE: $445,000

For more information, contact agent Beau Byars at cell phone (940) 224-3183.



Property Map / Directions

Located at the SW intersection of Highway 287 and FM 368, in Iowa Park, TX.

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