AGP Picks
View all

Cravey Real Estate sells former Bay Car Wash site in Aransas Pass

8 hours ago
By AI, Created 12:00 UTC, Oct 14, 2026, AGP -

Cravey Real Estate Services has closed the sale of the former Bay Car Wash property at 952 S. Commercial Street in Aransas Pass, Texas, with the buyer planning to revive the site as a car wash. The deal highlights continued investor interest in a visible coastal corridor property despite vandalism, limited operating records and storm-tested market conditions.

Why it matters: - The sale returns a vacant, vandalized commercial property to productive use in a key Aransas Pass corridor. - The buyer plans to reactivate the site as a car wash, restoring a local service and potentially lifting the property's long-term value. - The deal shows demand for well-located real estate even when past operations, damage and missing financials complicate valuation.

What happened: - Cravey Real Estate Services, Inc. closed the sale of the former Bay Car Wash property at 952 S. Commercial Street in Aransas Pass. - David Heitzman represented seller CCC Real Estate Holding Co., LLC exclusively in the transaction. - DAGER Properties, LLC bought the property, with buyer representation from Elizabeth Cuellar of Home Team of America. - The transaction closed Sept. 25, 2026. - Cravey brought the property to market in spring 2026 and reached a contract in about four months.

The details: - The property sits on about 0.64 acres at a signalized corner on South Commercial Street. - The site includes a 3,496-square-foot, seven-bay car wash with one automatic bay and six self-serve bays. - The location is on one of Aransas Pass' main commercial corridors and near the public boat ramp. - The former car wash had stopped operating before the listing and was later returned to the lender. - No financial statements transferred with the asset, so the sale depended on real estate fundamentals, site potential and market positioning. - The property sold in its current condition. - Repeated vandalism and theft hit the vacant site during marketing. - A major incident in April caused estimated damage of more than $30,000. - Damage affected vacuum equipment, vending infrastructure, site improvements and parts of the wash facility. - The buyer intends to restore the site as a working car wash.

Between the lines: - The sale reflects a value reset for a distressed asset where location outweighed operational history. - The quick contract suggests buyers still see opportunity in coastal corridor properties with visible traffic and local demand. - Community support and police patrols helped protect the site during a difficult marketing period. - Chief David Perkins and the Aransas Pass Police Department increased patrols, coordinated communication and deployed a visible camera trailer to deter further incidents. - Heitzman said commercial real estate success depends on staying engaged through unexpected challenges and helping buyers see value where others see obstacles. - Heitzman also pointed to Aransas Pass' coastal location, established customer base and long-term growth fundamentals as reasons investment continues to flow into the market.

What's next: - The buyer will move to bring the property back into operation as a car wash. - The site's return to service could revive a long-standing commercial use in Aransas Pass. - Cravey and Heitzman said they expect continued interest in similar South Texas coastal properties with repositioning potential.

The bottom line: - A damaged, nonoperating car wash site changed hands because the location still made sense. The new owner now has a chance to turn a troubled asset into an active business again.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

Sign up for:

Journal of Real Estate Professionals

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.

Share this page:

Advanced Search Options

Search for:

Search scope:

Type:

Search in:

Date range:

The last

Sort by:

Sign up for:

Journal of Real Estate Professionals

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.