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    Sherman, TX
    Car Wash

    Sherman, TX Car Washes for Sale

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    Express Carwash With LED Lighting
    Updated: Aug 1
    Express Carwash With LED Lighting

    5010 Texoma Pkwy, Sherman, TX 75090

    $1,100,000
    3,600 sqft
    2,700‑square‑foot building on approximately 0.05733 acres
    ICS Carwash System included
    Site lighting upgraded to LED in 2022
    15,195 daily traffic count
    Built in 1998
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    This listing looks promising.

    Here's a quick look at some key insights for

    5010 Texoma Pkwy, Sherman, TX 75090

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $64K
      Annual

    • Price @ 7% Cap

      $915K
      Suggested
    View Property Analytics
    Self Service Car Wash Building
    Updated: Feb 11
    Self Service Car Wash Building

    5010 Texoma Parkway, Sherman, TX 75090

    $1,100,000
    0.57 AC lot
    15,195 traffic count daily
    2,700 SF brick self service car wash building built in 1998
    All site lighting upgraded to LED in 2022
    ICS Carwash System included
    Electric heating and electric cooling
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Sherman, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Car Wash with 100-Foot Tunnel
    Car Wash with 100-Foot Tunnel

    1302 N State Highway 121, Bonham, TX 75418

    $1,850,000
    0.68 AC lot

    Established operating wash with tunnel equipment, vacuums, and covered parking.

    View details
    Self-Service Car Wash with Automatic Bay
    Self-Service Car Wash with Automatic Bay

    317 W Princeton Dr, Princeton, TX 75407

    $2,400,000
    2,890 sqft

    Operating wash facility with self-service bays, an automatic wash bay, vending, and dedicated equipment space.

    View details
    Self-Service Car Wash with Four Bays
    Self-Service Car Wash with Four Bays

    317 W Princeton Drive, Princeton, TX 75407

    $2,400,000
    0.76 AC lot

    Brick, metal-roof car wash with four self-service bays and one 30-foot in-bay automatic.

    View details
    Commercial Car Wash Property
    Commercial Car Wash Property

    1302 N State Highway 121, Bonham, TX 75418

    $1,850,000

    F-1 Commercial-zoned car wash property with covered exterior improvements and additional parking.

    View details

    Sherman, TX Car Washes Market Trends and Statistics

    Explore 2 car washes for sale in Sherman, TX on our real estate platform. These investment opportunities span a total of 3,600 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for car wash businesses in Sherman, TX average $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Self service car washes 1

    Demographics Overview

    Population 54K
    Population Growth (5Y) +9.1%
    Median Household Income $62,961
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Sherman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    75090 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Property Tax per SF $49.33 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grayson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Sherman fall within the 25,000 to 50,000 square foot range.

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