317 W Princeton Drive, Princeton, TX 75407
Car wash with self-service bays and automatic system.
- Added:
- Apr 22, 2026
- Days on Market:
- 51
- Last Refresh:
- Apr 22 at 5:27 pm
Property Features for 317 W Princeton Drive
General Information
- Standard status
- Active
- Size
- 2,890 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2001
Listing agent Melissa Croll
Listing office Attlee Realty, LLC
Listing date Apr 22, 2026
Source Signaturere
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
HighLights
- Operating car wash with existing infrastructure including 4 self‑service bays and 1 in‑bay automatic.
- Real estate asset sale, offering full ownership.
- Tenant‑occupied, providing immediate income potential or vacant possession option.
- 30 ft in‑bay automatic car wash system included.
- Vending machines included for additional revenue.
- Built in 2001.
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $318.0k | $110.04 |
| − Vacancy | −$30.8k | −$10.67 |
| EGI | $287.2k | $99.37 |
| − OpEx | −$86.2k | −$29.81 |
| NOI | $201.0k | $69.56 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Princeton
- County
- Collin
- State
- Texas
- Longitude
- -96.5045892
- Latitude
- 33.1740262
