Building Details

Year Built 1985

Listing Agency: Attlee Realty, LLC

Listed By: Melissa Croll · License #9004811 Show Phone

Source: Heritance

Added: Mar 26 Changed: Sep 15 Last Checked: Oct 7 at 3:13PM

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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

Investment Insights

Based on property information with market context.

This property features a self-service car wash business, which includes 6 bays and 5 vacuum stations. Additionally, there is a 48-foot by 50-foot warehouse located on the property. The warehouse is currently occupied by a tenant. There is also an opportunity to acquire an additional car wash property.

Key Highlights

• Established self‑serve car wash business included in sale.
• Six car wash bays and five vacuum stations for optimal customer flow.
• Income‑producing 48’x50’ warehouse with existing tenant providing immediate returns.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$78,012

Cap Rate

7.82%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,560,240 $1.6M

Cap Rate 7%

$1,114,457 $1.1M

Cap Rate 9%

$866,800 $866.8K

Market Conditions

NOI Build-Up for 4,700 SF

Gross rent

$117.3K $24.96/SF

− Vacancy

−$5.9K −$1.25/SF

EGI

$111.4K $23.71/SF

− OpEx

−$33.4K −$7.11/SF

NOI

$78.0K $16.60/SF

Area

Tarrant County, TX

Vacancy

5.00%

Lease Rate

$24.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,560,240

Cap Rate 7%

$1,114,457

Cap Rate 9%

$866,800

Alternative Uses

Best Use

Retail

$1.11M

$975.2K – $1.30M (±1% cap)

NOI $78,012 @ 7.0% cap · market cap 7.82%

Second Best

Specialty Retail

$1.02M

$889.9K – $1.19M (±1% cap)

NOI $71,191 @ 7.0% cap · market cap 7.13%

Theoretical Best

Office A

$1.65M

$1.45M – $1.93M (±1% cap)

NOI $115,733 @ 7.0% cap · market cap 11.60%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Self service car ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Auto Parts Store Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

267

Businesses Nearby

Explore this area Business Placement

Demographics for 76140, TX

32,623

Population

10,705

Households

3

Avg Household Size

32

Median Age

18%

College-Educated

79%

High-School Grad

27.3 sq mi

ZIP Area

1,195

Density / Sq Mi

$73,215

Median Household Income

$37,780

Median Earnings

$1,590

Median Rent

$207,800

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this self service car washes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Self service car wash - Car wash with warehouse and tenant in place.

Where is this self service car wash located?

The property is located at 1545 Everman Pkwy Everman, TX.

What is the asking price?

The asking price for this property is $998,000.

What are key features of this property?

This property features: Established self‑serve car wash business included in sale.; Six car wash bays and five vacuum stations for optimal customer flow.; Income‑producing 48’x50’ warehouse with existing tenant providing immediate returns.