Self-Service Car
For Sale
$1,300,000
7803 McCallum Boulevard, Dallas, TX 75252
Established automotive service property with more than two decades of family ownership.
Property Size3,650 SF
Price / SF$356.16
Days on Market44
Property Features for 7803 McCallum Boulevard
General Information
Standard status
Active
Size
3,650 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1992
Listing Agency:
WILLIAM DAVIS REALTY
(972) 732-6002
Listed By:
Linda Matallana · License #0706168
Source:
Minteerteam
Added: Jul 18
Changed: Aug 29
Last Checked: Aug 25 at 5:09AM
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 WILLIAM DAVIS REALTY
Investment Insights
Based on property information with market context.
Located at 7803 McCallum Boulevard in Dallas, this self-service car wash contains 3,650 square feet and was constructed in 1992. The operation has remained under family ownership for more than two decades, providing an established commercial use at the site.
The property is positioned in the McCallum Highlands area of Dallas, Texas, within a corridor described as surrounded by residential communities, multifamily developments, and retail centers. Its location also provides access to the Dallas North Tollway and President George Bush Turnpike.
The property is positioned in the McCallum Highlands area of Dallas, Texas, within a corridor described as surrounded by residential communities, multifamily developments, and retail centers. Its location also provides access to the Dallas North Tollway and President George Bush Turnpike.
Key Highlights
- 3,650‑square‑foot self‑service car wash
- Built in 1992
- Family‑owned operation for more than 20 years
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,859
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,257,180
$1.3M
Cap Rate 7%
$897,986
$898.0K
Cap Rate 9%
$698,433
$698.4K
Market Conditions
NOI Build-Up for 3,650 SF
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.
Gross rent
$88.0K $24.12/SF
− Vacancy
−$4.2K −$1.16/SF
EGI
$83.8K $22.96/SF
− OpEx
−$21.0K −$5.74/SF
NOI
$62.9K $17.22/SF
Area
Dallas, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,257,180
Cap Rate 7%
$897,986
Cap Rate 9%
$698,433
Alternative Uses
Best Use
Specialty Retail
$898.0K
$785.7K – $1.05M
NOI $62,859 @ 7.0% cap · market cap 4.84%
Second Best
Retail
$839.0K
$734.1K – $978.8K
NOI $58,730 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$4.38M
$3.83M – $5.11M
NOI $306,579 @ 7.0% cap · market cap 23.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
184k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 54%
Shops & Services 19%
Apparel 15%
Dining 6%
Target
Superstores
100,006 visits/mo
0.4 miles
Ross Dress for Less
Apparel
28,048 visits/mo
0.5 miles
PetSmart
Shops & Services
12,507 visits/mo
0.3 miles
Staples
Office Supplies
10,105 visits/mo
0.3 miles
Jack in the Box
Dining
9,687 visits/mo
0.5 miles
Demographics for 75252, TX
27,458
Population
14,592
Households
1.9
Avg Household Size
38
Median Age
64%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
5,384
Density / Sq Mi
$81,999
Median Household Income
$55,435
Median Earnings
$1,332
Median Rent
$530,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self service car wash - Established automotive service property with more than two decades of family ownership.
Where is this self service car wash located?
The property is located at 7803 McCallum Boulevard Dallas, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3,650‑square‑foot self‑service car wash; Built in 1992; Family‑owned operation for more than 20 years
