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Established Car Wash Opportunity, Tyler

2060 Shiloh Rd, Tyler, TX 75703

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For Sale

$805,500

Turnkey car wash with high traffic visibility in Tyler, TX.

Type:Commercial/Industrial

Property size:

3,621 SF

Lot size:

1.25 Acres

Price / SF:

$222/SF

HighLights

Prime location with high visibility and accessibility near Paluxy Dr intersection.
High daily traffic count of 15,379 vehicles.
Turnkey car wash operation ready for immediate business.
Features two in‑bay automatics and five wand wash bays.
Property size: 3,621 sq ft building on 1.248 acres.
Zoned PCD (Planned Commercial Development District) offering commercial opportunities.

We can help!

Listing Contact

Mo Snoubar

For Sale

$805,500

Turnkey car wash with high traffic visibility in Tyler, TX.

Type:Commercial/Industrial

Property size:

3,621 SF

Lot size:

1.25 Acres

Price / SF:

$222/SF

Added:: Jun 15, 2024
Days on Market:: 732
Last Refresh:: May 20 at 1:54 am

Property Features for 2060 Shiloh Rd

General Information

Standard status: Active
Size: 3,621 SF
Lot size: 1.25 Acres
Property subtype: Commercial/Industrial

We can help!

Listing Contact

Mo Snoubar

Listing agent Mo Snoubar License #0800336

Listing office Scarborough Commercial Real Estate

Listing date Jun 15, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Scarborough Commercial Real Estate

HighLights

Prime location with high visibility and accessibility near Paluxy Dr intersection.
High daily traffic count of 15,379 vehicles.
Turnkey car wash operation ready for immediate business.
Features two in‑bay automatics and five wand wash bays.
Property size: 3,621 sq ft building on 1.248 acres.
Zoned PCD (Planned Commercial Development District) offering commercial opportunities.

Overview

This property is an established car wash located at 2060 Shiloh Rd, Tyler, TX 75703. The car wash spans 3,621 square feet and is situated on a 1.248-acre lot. It features two in-bay automatics and five wand wash bays. The property benefits from a daily traffic count of 15,379 vehicles. Its location near the Paluxy Dr intersection provides maximum visibility and accessibility. The property is zoned PCD (Planned Commercial Development District) and is suitable for car wash entrepreneurs.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$63.4k	$17.52
− Vacancy	−$3.2k	−$0.88
EGI	$60.3k	$16.64
− OpEx	−$15.1k	−$4.16
NOI	$45.2k	$12.48

3,621 SF · lease $17.52/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$645.7K

$565.0K – $753.4K (±1% cap)

NOI $45,201 @ 7.0% cap · market cap 5.61%

Second Best

Retail

$602.7K

$527.4K – $703.1K (±1% cap)

NOI $42,188 @ 7.0% cap · market cap 5.24%

Theoretical Best

Office A

$808.2K

$707.2K – $942.9K (±1% cap)

NOI $56,573 @ 7.0% cap · market cap 7.02%

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

Property Profile Location Intelligence

Current Use by Public Records

Splash Car Wash Car Wash

Suggested Use

Location Insight

Map
Local Demand

City: Tyler
County: Smith
State: Texas
Longitude: -95.2758
Latitude: 32.2957

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For sale
Car washes
TX
Tyler
75703
2060 Shiloh Rd

What type of property is this?

Car wash - Turnkey car wash with high traffic visibility in Tyler, TX.

Where is this car wash located?

The property is located at 2060 Shiloh Rd Tyler, TX.

What is the asking price?

The asking price for this property is $805,500.

What are key features of this property?

This property features: Prime location with high visibility and accessibility near Paluxy Dr intersection.; High daily traffic count of 15,379 vehicles.; **Turnkey car wash operation ready for immediate business.**