Touchless In-Bay Car
For Sale
$500,000
1704 Teasley Ln, Denton, TX 76205
Facility includes triple filtration, two vacuum stations, and dedicated support rooms for daily operations.
Property Size1,886 SF
Price / SF$265.11
Days on Market83
Property Features for 1704 Teasley Ln
General Information
Standard status
Active
Size
1,886 SF
Site & Location
Traffic Count
129,875 vehicles/day
Highway Access
Yes
Amenities
designer wood-finished office
storage area
chemical room
restroom
Building Details
Year Built
2004
Listing Agency:
C21 Fine Homes Judge Fite
Listed By:
Heather Baker · License #0682158
(817) 960-9611
Source:
Thecamigroup
Added: Jul 24
Changed: Sep 4
Last Checked: Oct 7 at 2:13PM
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 C21 Fine Homes Judge Fite
Investment Insights
Based on property information with market context.
The property is an 1,886-square-foot touchless in-bay car wash built in 2004. Its equipment includes a triple filtration system and two vacuum stations. Supporting areas include a wood-finished office, storage area, chemical room, and restroom, providing dedicated space for administration, supplies, and wash-related operations.
Located at 1704 Teasley Ln in Denton, the property is near I-35 and Teasley Lane-FM 2181. The site has approximately 129,875 combined corridor exposure, with surrounding residential, commuter, and student traffic identified in the property information. Denton is also home to the University of North Texas and Texas Woman’s University.
Located at 1704 Teasley Ln in Denton, the property is near I-35 and Teasley Lane-FM 2181. The site has approximately 129,875 combined corridor exposure, with surrounding residential, commuter, and student traffic identified in the property information. Denton is also home to the University of North Texas and Texas Woman’s University.
Key Highlights
- Touchless in‑bay car wash with triple filtration system
- 1,886‑square‑foot facility built in 2004
- Two vacuum stations included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,420
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,400
$648.4K
Cap Rate 7%
$463,143
$463.1K
Cap Rate 9%
$360,222
$360.2K
Market Conditions
NOI Build-Up for 1,886 SF
Gross rent
$45.3K $24.00/SF
− Vacancy
−$2.0K −$1.08/SF
EGI
$43.2K $22.92/SF
− OpEx
−$10.8K −$5.73/SF
NOI
$32.4K $17.19/SF
Area
Denton, TX
Vacancy
4.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,400
Cap Rate 7%
$463,143
Cap Rate 9%
$360,222
Alternative Uses
Best Use
Specialty Retail
$463.1K
$405.3K – $540.3K
NOI $32,420 @ 7.0% cap · market cap 6.48%
Second Best
Retail
$394.7K
$345.4K – $460.5K
NOI $27,629 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$589.2K
$515.6K – $687.5K
NOI $41,247 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
129,875 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
890
Businesses Nearby
112k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 42%
Apparel 6%
Hotels & Casinos 3%
RaceTrac
Shops & Services
17,033 visits/mo
0.3 miles
7-Eleven
Shops & Services
14,168 visits/mo
0.1 miles
Rudy's Country Store & Bar-B-Q
Dining
10,212 visits/mo
0.2 miles
Applebee's
Dining
8,149 visits/mo
0.1 miles
Outback Steakhouse
Dining
6,590 visits/mo
0.4 miles
Demographics for 76205, TX
18,969
Population
8,114
Households
2.3
Avg Household Size
29
Median Age
39%
College-Educated
88%
High-School Grad
8.3 sq mi
ZIP Area
2,285
Density / Sq Mi
$65,322
Median Household Income
$31,173
Median Earnings
$1,368
Median Rent
$307,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Car wash - Facility includes triple filtration, two vacuum stations, and dedicated support rooms for daily operations.
Where is this car wash located?
The property is located at 1704 Teasley Ln Denton, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Touchless in‑bay car wash with triple filtration system; 1,886‑square‑foot facility built in 2004; Two vacuum stations included
