4-Bay Car
New
For Sale
$690,000
1859 Beasley Boulevard, Whitewright, TX 75491
Commercial C2-zoned wash with touchless and self-service equipment, plus a leased ice and filtered-water vending station.
Property Size2,000 SF
Price / SF$345
Days on Market5
Property Features for 1859 Beasley Boulevard
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Zoning
Commercial (C2)
Site & Location
Traffic Count
8,539 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Car Wash Bays
4
Amenities
touchless automatic wash
self-serve bays
foam brushes
high-pressure wands
vacuum stations
covered awning
ice and water vending station
Building Details
Building Size
2,000 SF
Year Built
2002
Year Renovated
2019
Stories
1
Units
1
Listing Agency:
BOURQUIN REALTY
Listed By:
David Bourquin · License #0596715
(940) 329-5070
Source:
Bourquinrealty
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:32PM
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 BOURQUIN REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This car wash in Whitewright has four bays: one touchless automatic wash and three self-service bays fitted with foam brushes and high-pressure wands. Four vacuum stations and a covered awning support drying and detailing. The property was expanded and modernized in 2019. A leased self-service ice and filtered-water vending station provides an additional rental-income component and has its own entrance from Beasley Boulevard.
The site fronts both US Highway 69 and Beasley Boulevard. A 2024 TxDOT count recorded approximately 8,539 vehicles per day on the highway. The property is zoned Commercial (C2).
The site fronts both US Highway 69 and Beasley Boulevard. A 2024 TxDOT count recorded approximately 8,539 vehicles per day on the highway. The property is zoned Commercial (C2).
Key Highlights
- Four wash bays: one touchless automatic and three self‑service
- Three self‑service bays have foam brushes and high‑pressure wands
- Four vacuum stations and a covered awning for drying and detailing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,568
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,360
$711.4K
Cap Rate 7%
$508,114
$508.1K
Cap Rate 9%
$395,200
$395.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$49.9K $24.96/SF
− Vacancy
−$2.5K −$1.25/SF
EGI
$47.4K $23.71/SF
− OpEx
−$11.9K −$5.93/SF
NOI
$35.6K $17.78/SF
Area
Grayson 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%
$711,360
Cap Rate 7%
$508,114
Cap Rate 9%
$395,200
Alternative Uses
Best Use
Specialty Retail
$508.1K
$444.6K – $592.8K
NOI $35,568 @ 7.0% cap · market cap 5.15%
Second Best
Retail
$474.2K
$415.0K – $553.3K
NOI $33,197 @ 7.0% cap · market cap 4.81%
Theoretical Best
Hotel Hospitality
$1.03M
$897.8K – $1.20M
NOI $71,820 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
8,539 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 75491, TX
5,148
Population
2,353
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
91%
High-School Grad
98.6 sq mi
ZIP Area
52
Density / Sq Mi
$71,774
Median Household Income
$48,813
Median Earnings
$881
Median Rent
$239,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Car wash - Commercial C2-zoned wash with touchless and self-service equipment, plus a leased ice and filtered-water vending station.
Where is this car wash located?
The property is located at 1859 Beasley Boulevard Whitewright, TX.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Four wash bays: one touchless automatic and three self‑service; Three self‑service bays have foam brushes and high‑pressure wands; Four vacuum stations and a covered awning for drying and detailing
