Self-Service Car Wash with Automatic
For Sale
$1,800,000
1380 N 45th Street, Corsicana, TX 75110
The facility combines self-service washing, a laser in-bay automatic, and covered vacuum space.
Property Size5,600 SF
Lot Size0.61 Acres
Price / SF$321.43
Days on Market47
Property Features for 1380 N 45th Street
General Information
Standard status
Active
Size
5,600 SF
Lot size
0.61 Acres
Property subtype
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
touchless IBA
fully covered vacuum area
Building Details
Year Built
2004
Year Renovated
2022
Listing Agency:
Attlee Realty, LLC
(972) 886-8357
Listed By:
Melissa Croll · License #0560702
(214) 929-3388
Source:
Lonestarluxuryrealty
Added: Sep 2
Changed: Oct 5
Last Checked: Oct 16 at 9:03AM
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 Attlee Realty, LLC
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Investment Insights
Based on property information with market context.
This Corsicana car wash includes approximately 5,600 square feet of improvements on a 0.61-acre site. The operation combines self-service wash functions with a touchless laser in-bay automatic, giving the property both customer-operated and automated wash components. A fully covered vacuum area is also part of the site improvements.
Originally constructed in 2004, the facility underwent renovation in 2022. The property is located at 1380 N 45th Street in Corsicana, within a market connected to the Dallas–Houston region by the I-45 corridor. Regional destinations identified in the surrounding area include Navarro College, Corsicana’s historic downtown district, and Richland-Chambers Reservoir.
Originally constructed in 2004, the facility underwent renovation in 2022. The property is located at 1380 N 45th Street in Corsicana, within a market connected to the Dallas–Houston region by the I-45 corridor. Regional destinations identified in the surrounding area include Navarro College, Corsicana’s historic downtown district, and Richland-Chambers Reservoir.
Key Highlights
- Approximately 5,600 SF of improvements on 0.61 acres
- Touchless laser in‑bay automatic car wash
- Self‑service wash operation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,590
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,991,800
$2.0M
Cap Rate 7%
$1,422,714
$1.4M
Cap Rate 9%
$1,106,556
$1.1M
Market Conditions
NOI Build-Up for 5,600 SF
Gross rent
$139.8K $24.96/SF
− Vacancy
−$7.0K −$1.25/SF
EGI
$132.8K $23.71/SF
− OpEx
−$33.2K −$5.93/SF
NOI
$99.6K $17.78/SF
Area
Navarro County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,991,800
Cap Rate 7%
$1,422,714
Cap Rate 9%
$1,106,556
Alternative Uses
Best Use
Specialty Retail
$1.42M
$1.24M – $1.66M
NOI $99,590 @ 7.0% cap · market cap 5.53%
Second Best
Retail
$1.33M
$1.16M – $1.55M
NOI $92,951 @ 7.0% cap · market cap 5.16%
Theoretical Best
Multifamily LT 5
$61.52M
$53.83M – $71.78M
NOI $4,306,530 @ 7.0% cap · market cap 239.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 75110, TX
30,336
Population
11,980
Households
2.5
Avg Household Size
35
Median Age
17%
College-Educated
77%
High-School Grad
137.5 sq mi
ZIP Area
221
Density / Sq Mi
$53,053
Median Household Income
$29,804
Median Earnings
$1,043
Median Rent
$169,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Self service car wash - The facility combines self-service washing, a laser in-bay automatic, and covered vacuum space.
Where is this self service car wash located?
The property is located at 1380 N 45th Street Corsicana, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 5,600 SF of improvements on 0.61 acres; Touchless laser in‑bay automatic car wash; Self‑service wash operation
