Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Car Wash Site in Forney Title is generated by Realmo AI

    254 Fm 1641, Forney, TX 75126

    View on Map
    Claim this Listing
    New
    For Sale
    $2,900,000

    Business - Forney, TX

    Type:Business
    Lot size:
    0.81 Acres
    Added:
    May 8, 2026
    Days on Market:
    2
    Last Refresh:
    May 9 at 7:06 am

    Property Features for 254 Fm 1641

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    77092
    Lot size
    0.81 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Year built
    2006
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Melissa Croll
    Melissa Croll

    Listing agent Melissa Croll License #0560702

    Listing office Attlee Realty, LLC 8751 Collin McKinney Pkwy#1405, Mckinney, TX

    Listing date May 8, 2026

    MLS# 21194794 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Located in fast‑growing Forney along FM 1641 corridor.
    • Surrounded by rapid residential expansion and major retail development.
    • Minutes from US‑80, providing easy access.
    • Benefits from nearby national retail anchors (H‑E‑B, Costco, Target, etc.).
    • Excellent visibility and consistent traffic.
    • High‑growth suburban market with long‑term upside.

    Overview

    Located along the rapidly developing FM 1641 corridor in Forney, Texas, this car wash site benefits from its proximity to substantial residential expansion and significant retail development. Situated minutes from US-80, the property is enhanced by nearby national retailers such as H-E-B, Costco, Target, Home Depot, Walmart, Kroger, and Lowe’s, which contribute to strong daily traffic and consumer activity. Forney is recognized as one of North Texas’s fastest-growing communities, supported by master-planned housing, infrastructure improvements, and expanding retail corridors. The site offers excellent visibility, consistent traffic, and long-term potential in a high-growth suburban market due to increasing residential development, commuter access to Dallas, and growing regional attraction. The property has a lot size of 0.812 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Classic Car Wash Car Wash

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.44515
    Latitude
    32.736488

    Nearby Similar for Sale

    • $1,200,000

      Custom Office Building in Forney

      Meticulously maintained office building near Downtown Forney.
      408 Pinson Road, Forney, TX 75126
      View Details
    • $439,900

      Historic Building in Downtown Forney

      Adaptively restored historic building with modern touches in downtown Forney.
      206 S Bois D Arc Street, Forney, TX 75126
      View Details
    • $259,900

      Retail Opportunity in Forney, TX

      High-visibility retail property near Downtown Forney with development potential.
      505 E Broad Street, Forney, TX 75126
      View Details
    • $275,000

      Versatile Industrial Space in Forney

      Light industrial space with climate-controlled office in growing Forney.
      305 W Aimee Street, Forney, TX 75126
      View Details
    • $439,900
      1,625 SF

      Historic Building with Modern Touches

      Restored historic building in downtown Forney with modern amenities.
      206 South Bois D' Arcade, Forney, TX 75126
      View Details
    • $249,900

      Forney Retail Opportunity

      High-visibility retail property near downtown Forney with redevelopment potential.
      503 E FM RD 688 Street, Forney, TX 75126
      View Details
    • $6,676,000
      12,598 SF

      Fully Occupied Retail Center Forney

      Multi-tenant retail center in Forney, Texas, 100% occupied.
      51 FM 548, Forney, TX 75126
      View Details
    • $439,900
      1,625 SF

      Historic Forney Building with Modern Touches

      Historic building adaptively restored with modern touches in downtown Forney.
      206 S Bois D Arc Street, Forney, TX 75126
      View Details
    • $13,964,000
      26,330 SF

      Multi-Tenant Retail Center Forney, Texas

      26,330 SF retail center in high-traffic Forney, Texas.
      724 E US Hwy 80, Forney, TX 75126
      View Details
    • $1,600,000
      9,600 SF

      Forney Industrial Building with Office

      9,600 SF light industrial building with office and warehouse space.
      110 Industrial Dr, Forney, TX 75126
      View Details
    • $439,900

      Historic Downtown Forney Office Building

      Adaptively restored historic building with modern touches in downtown Forney.
      206 S Bois D Arc Street, Forney, TX 75126
      View Details
    • $6,748,500
      11,351 SF

      Victory Shops at Forney

      11,351 SF multi-tenant retail center in Forney, Texas.
      485 Marketplace Blvd, Forney, TX
      View Details

    FAQs

    What type of property is this?
    Car wash - Car wash site in fast-growing Forney corridor near major retailers.
    Where is this car wash located?
    The property is located at 254 Fm 1641 Forney, TX.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: Located in fast‑growing Forney along FM 1641 corridor.; Surrounded by rapid residential expansion and major retail development.; Minutes from US‑80, providing easy access.
    (972) 886-8357
    We can help!
    Listing Contact
    Melissa Croll
    Melissa Croll
    Real Estate License ID: 0560702
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    254 Fm 1641, Forney, TX 75126
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!