Established Texarkana Car Wash
For Sale
$280,000
3630 North Robison Road, Texarkana, TX 75501
Operating car wash business with modern equipment, opened in 2019.
Property Size2,000 SF
Price / SF$140
Days on Market206
Property Features for 3630 North Robison Road
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Retail
Building Details
Building Size
2,000 SF
Listing Agency:
NAI American Realty
Listed By:
Steven Harvey · License #TX #617762
(903) 793-2666
Source:
Naiglobal
Added: Apr 1
Changed: Oct 19
Last Checked: Oct 23 at 5:33AM
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 NAI American Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a business sale only for an established car wash, opened in 2019. The facility is approximately 2,000 square feet. It is attended daily from 7:00 AM to 10:00 PM. The equipment includes 24 washers and 26 dryers, all manufactured by Continental Girbau and purchased new in 2019.
Key Highlights
- Established business opened in 2019 with existing customer base
- Substantial equipment inventory: 24 washers and 26 dryers
- All equipment purchased new in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,299
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,980
$206.0K
Cap Rate 7%
$147,129
$147.1K
Cap Rate 9%
$114,433
$114.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$16.1K $8.04/SF
− Vacancy
−$1.4K −$0.68/SF
EGI
$14.7K $7.36/SF
− OpEx
−$4.4K −$2.21/SF
NOI
$10.3K $5.15/SF
Area
Bowie County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,980
Cap Rate 7%
$147,129
Cap Rate 9%
$114,433
Alternative Uses
Best Use
Specialty Retail
$508.1K
$444.6K – $592.8K
NOI $35,568 @ 7.0% cap · market cap 12.70%
Second Best
Retail
$474.2K
$415.0K – $553.3K
NOI $33,197 @ 7.0% cap · market cap 11.86%
Theoretical Best
Hotel Hospitality
$1.51M
$1.32M – $1.76M
NOI $105,450 @ 7.0% cap · market cap 37.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Explore this area
Business Placement
Demographics for 75501, TX
36,423
Population
15,302
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
86%
High-School Grad
96.3 sq mi
ZIP Area
378
Density / Sq Mi
$46,782
Median Household Income
$33,758
Median Earnings
$904
Median Rent
$125,700
Median Home Value
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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 - Operating car wash business with modern equipment, opened in 2019.
Where is this self service car wash located?
The property is located at 3630 North Robison Road Texarkana, TX.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Established business opened in 2019 with existing customer base; Substantial equipment inventory: **24 washers and 26 dryers**; All equipment purchased new in 2019
