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    Turnkey Dual Car Wash and Storage Title is generated by Realmo AI

    1201 W Dallas Avenue, Cooper, TX 75432

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    Claim this Listing
    For Sale
    $240,000

    COMMERCIAL - Cooper, TX

    Lot size:
    1.01 Acres
    Added:
    May 23, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 6 at 1:06 pm

    Property Features for 1201 W Dallas Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    3995
    Lot size
    1.01 Acres

    Taxes and HOA fees

    Tax Description
    0307 E SPENCER, TRACT 20, ACRES .7, CAR WASH
    Tax Annual Amount
    3095

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    1
    Number of units
    8
    Flooring type
    Concrete
    Building materials
    Brick, MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Michelle Blackmon
    Michelle Blackmon

    Listing agent Michelle Blackmon License #0650130

    Listing office Freedom Realty Sulphur Springs, TX

    Listing date May 23, 2026

    MLS# 20887093

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two established self‑service car wash locations in Cooper, TX: 931 E Dallas Ave and 1201 W Dallas Ave.
    • 931 E Dallas Ave features 4 self‑service wash bays, 4 vacuum stations, and a change machine & vending area with cleaning supplies.
    • 1201 W Dallas Ave features 4 self‑service wash bays and 2 vacuum stations, plus a change machine & vending area with cleaning supplies.
    • 1201 W Dallas Ave sits on 0.7 acres and backs up to a brand‑new RV park.
    • 1201 W Dallas Ave includes 8 storage units that are fully rented at $60/month each ($5,760 annual income).
    • Utilities include public water and public sewer; roof is metal.

    Overview

    This turnkey investment package includes two established self-service car wash locations, each built to serve routine daily demand. At 931 E Dallas Avenue, the site offers four self-service wash bays, four vacuum stations, and a change machine and vending area with cleaning supplies. The second site at 1201 W Dallas Avenue includes four self-service wash bays, two vacuum stations, and the same change machine and vending area setup. The 1201 W Dallas Avenue property also features eight storage units that are fully rented at $60 per month each, producing $5,760 in annual income, with room to add additional units.

    The 1201 W Dallas Avenue location sits on approximately 0.7 acres and backs up to a brand-new RV park, adding to the property’s adjacent-use mix. Both sites are positioned for visibility, with the 1201 W Dallas Avenue property located near Highway 24. The operations are described as ready to generate income from day one.

    This offering is well suited for investors seeking a hands-on, cash-flowing automotive service asset with built-in ancillary revenue from storage. It may also appeal to an owner-operator looking to manage two self-service wash facilities while evaluating future expansion through additional storage units. Financials are available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self service car ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cooper
    County
    Delta
    State
    Texas
    Longitude
    -95.698392
    Latitude
    33.373851

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    FAQs

    What type of property is this?
    Self service car wash - Acquire two self-service car wash locations plus income-producing storage units, ready to operate with existing wash bays and vacuums.
    Where is this self service car wash located?
    The property is located at 1201 W Dallas Avenue Cooper, TX.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Two established self‑service car wash locations in Cooper, TX: 931 E Dallas Ave and 1201 W Dallas Ave.; 931 E Dallas Ave features 4 self‑service wash bays, 4 vacuum stations, and a change machine & vending area with cleaning supplies.; 1201 W Dallas Ave features 4 self‑service wash bays and 2 vacuum stations, plus a change machine & vending area with cleaning supplies.
    (903) 348-5836
    We can help!
    Listing Contact
    Michelle Blackmon
    Michelle Blackmon
    Real Estate License ID: 0650130
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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