6-Bay Self-Service Car
2407 E Main Street, Gatesville, TX 76528
For Sale
$240,000
CommercialSale, Gatesville, TX
Property Size3,360 SF
Lot Size0.31 Acres
Price / SF$71.43
Days on Market139
Property Features for 2407 E Main Street
General Information
Property type
Property subtype
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Amenities
Vacuum stations
Blow dryers
Foam brush
Tankless water heaters
Customer seating benches
Carpet shampoo machine
Fragrance sprayer
Dedicated sink area
Security cameras
Bill changers
Credit/debit card readers
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Gold Key Real Estate Group
(254) 865-8779
Listed By:
Alisa Gregory · License TX #0477922
(254) 535-0663
Added: Jun 28
Changed: Oct 19
Last Checked: Nov 13 at 1:06PM
MLS# 618232
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This self-service car wash occupies a 3,360-square-foot facility on a 0.312-acre site. The operation includes six wash bays and four vacuum stations, with foam brushes available in each bay and high-powered blow dryers installed in two bays. Two tankless, wall-mounted water heaters supply hot water throughout the wash area.
Customer-support features include three seating benches, a carpet shampoo machine, a fragrance sprayer with three scent selections, and a rear sink for cleaning towels and supplies. Each wash bay and vacuum station has a credit/debit card reader, while two bill changers serve customers at the front. Security cameras monitor every bay along with the front and rear of the property. The building was constructed in 1976 and includes brick and metal siding, concrete flooring, natural gas heat, a metal roof, public water, and public sewer.
Customer-support features include three seating benches, a carpet shampoo machine, a fragrance sprayer with three scent selections, and a rear sink for cleaning towels and supplies. Each wash bay and vacuum station has a credit/debit card reader, while two bill changers serve customers at the front. Security cameras monitor every bay along with the front and rear of the property. The building was constructed in 1976 and includes brick and metal siding, concrete flooring, natural gas heat, a metal roof, public water, and public sewer.
Key Highlights
- Six self‑service wash bays and four vacuum stations
- 3,360 square feet on a 0.312‑acre site
- Two wash bays include high‑powered blow dryers; all bays have foam brushes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,224
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,480
$424.5K
Cap Rate 7%
$303,200
$303.2K
Cap Rate 9%
$235,822
$235.8K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$32.3K $9.60/SF
− Vacancy
−$1.9K −$0.58/SF
EGI
$30.3K $9.02/SF
− OpEx
−$9.1K −$2.71/SF
NOI
$21.2K $6.32/SF
Area
Coryell County, TX
Vacancy
6.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,480
Cap Rate 7%
$303,200
Cap Rate 9%
$235,822
Alternative Uses
Best Use
Specialty Retail
$697.7K
$610.5K – $814.0K
NOI $48,838 @ 7.0% cap · market cap 20.35%
Second Best
Retail
$570.9K
$499.6K – $666.1K
NOI $39,965 @ 7.0% cap · market cap 16.65%
Theoretical Best
Office A
$807.0K
$706.2K – $941.6K
NOI $56,493 @ 7.0% cap · market cap 23.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 76528, TX
18,773
Population
7,311
Households
2.6
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
486.3 sq mi
ZIP Area
39
Density / Sq Mi
$66,989
Median Household Income
$37,705
Median Earnings
$848
Median Rent
$189,900
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?
Self service car wash - In-town automotive facility with automated payment, wash equipment, vacuum service, and customer convenience features.
Where is this self service car wash located?
The property is located at 2407 E Main Street Gatesville, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Six self‑service wash bays and four vacuum stations; 3,360 square feet on a 0.312‑acre site; Two wash bays include high‑powered blow dryers; all bays have foam brushes
