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    206 Winchester Dr Tyler, TX 75701

    Sponsored
    For Sale
    Contact for pricing

    High-profit car wash, excellent location.

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This turnkey car wash in Tyler, Texas, presents a lucrative investment opportunity for both owner-operators and passive investors. The 4,000 square foot facility, built in 1999 and extensively renovated in 2024, sits on a 0.86-acre lot at 206 Winchester Dr, Tyler, TX 75701. The property boasts two self-automated touchless tunnels equipped with FRP panels, minimizing vehicle damage and maximizing customer satisfaction. Six coin-operated covered vacuums provide additional revenue streams, complemented by the potential for growth through monthly subscription services. Over $65,000 in capital improvements were made within the last two years, ensuring a modern and efficient operation. The strategic location off Broadway Avenue benefits from high traffic volume, exceeding 28,000 vehicles daily on Winchester and South Broadway, and serves a substantial population base of over 100,000 residents within a five-mile radius. The property's strong financial performance is evident in its current NOI of $123,202 and a pro-forma NOI of $10,315,978. This two-story building is a single structure, offering a streamlined and manageable operation. The property's APN is 15000-0101-00-6017060. This is a rare opportunity to acquire a well-established, high-performing car wash in a prime location.

    Property Features for 206 Winchester Dr

    General Information

    Property type
    Automotive properties
    Square Feet
    4,000 SF
    Lot Size
    37,462 SF

    Building Details

    Year Built/Renovated
    1999/2024
    Buildings
    1
    Stories
    2

    HighLights

    • Turnkey laser wash business, ideal for owner‑operators or passive investors.
    • Over $65,000 in recent capital improvements, resulting in a modern, efficient facility.
    • High‑traffic location off Broadway Ave, boasting over 28,000 vehicles daily and a 5‑mile radius with over 100,000 residents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tyler Laser Wash Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler
    County
    Smith
    State
    Texas
    Longitude
    -95.2996203
    Latitude
    32.3084194

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    FAQs

    What type of property is this?
    Automotive property - High-profit car wash, excellent location.
    Where is this automotive property located?
    The property is located at 206 Winchester Dr Tyler, TX.
    What are key features of this property?
    This property features: Turnkey laser wash business, ideal for owner-operators or passive investors.; Over $65,000 in recent capital improvements, resulting in a modern, efficient facility.; High-traffic location off Broadway Ave, boasting over 28,000 vehicles daily and a 5-mile radius with over 100,000 residents.
    Request Owner's contact information
    206 Winchester Dr Tyler, TX 75701
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    Tyler, TX 75701
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    Realmo Value Estimation

    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.

    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.

    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
    206 Winchester Dr Tyler, TX 75701
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