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    1529 E Milam St Mexia, TX 76667

    For Sale
    $725,000

    Business - Mexia, TX

    Type:Business
    Lot size:
    0.91 Acres
    Days on Market:
    100
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1529 E Milam St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    R16182
    Parking features
    Carport, Driveway, Oversized
    Lot size
    0.91 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2013
    Flooring type
    Concrete
    Building materials
    Block, Concrete
    Roof type
    Metal
    Architectural style
    Other

    Minnette Murray Properties (214) 521-0044

    Listing agent Mitzi Eves (214) 453-1850 License #485908

    Listing date Aug 28, 2025

    MLS# 20823375 Listing URL

    Copyright © 2025 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.

    Overview

    Established Car Wash Business Opportunity

    This car wash business, established in 2013, is located on Highway 84 in Mexia, across from a major retailer. The property includes 19,940 square feet of concrete on a 0.91-acre lot. The car wash features 3 self-serve bays, 1 touch-free bay, and 1 soft-touch bay that currently needs repair. It also includes 6 vacuum stations with covered parking, additional covered parking spaces, a payment machine accepting Google and Apple Pay, change machines, dispensing machines, an office with storage, a full bathroom with a shower, and a security camera system. The business has the potential to be set up with a monthly membership program. According to 2023 TxDOT data, Highway 84 has a daily traffic count of 6,943 cars to the east and 12,883 cars to the west of the property. TxDOT is planning to expand Highway 84 from 3 lanes to 5 lanes in front of the car wash, which will improve traffic flow and access. The location is accessible to major Texas cities, being 1.5 hours from Dallas and Fort Worth, 2.5 hours from Houston and Austin, and 3.5 hours from San Antonio. The property offers room for expansion to accommodate more bays or a tunnel car wash.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Car washes

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexia
    County
    Limestone
    State
    Texas
    Longitude
    -96.456597
    Latitude
    31.686351

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    FAQs

    What type of property is this?
    Car wash - Well-maintained car wash on a high-traffic highway near major retailers.
    Where is this car wash located?
    The property is located at 1529 E Milam St Mexia, TX.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - High-traffic location on Highway 84, seeing up to 12,883 cars daily.; - Highway 84 expansion planned, improving access.; - Well-maintained car wash built in 2013 with multiple bays.
    (214) 453-1850
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1529 E Milam St Mexia, TX 76667
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