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    611 Tenaha St Center, TX 75935

    For Sale
    $1,790,000

    Profitable Car Wash, High Cash Flow

    Property size:
    3,490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional investment opportunity presents a thriving, turn-key car wash located at 611 Tenaha St, Center, TX 75935. Boasting 3,490 square feet on a single story building constructed in 2000 and zoned C-1, this established business offers immediate cash flow. The property features four coin-operated self-serve wash bays and eight coin-operated vacuum bays, ensuring diverse revenue streams. A recently updated tunnel wash with modern electrical and computer components guarantees efficient operation. An on-site office provides convenient space for staff and management. Strategically positioned in Center's heart, between the downtown area and major retail establishments, this car wash benefits from high visibility and convenient access. Two grit traps with cleanout equipment are included. Year-over-year sales growth demonstrates consistent profitability. Detailed financial records are available upon request. This is a rare opportunity to acquire a well-established, high-performing car wash in a desirable location. The asking price is $1,790,000, representing a price per square foot of $512.89.

    Property Features for 611 Tenaha St

    General Information

    Property type
    Automotive properties
    Square Feet
    3,490 SF

    Building Details

    Year Built
    2000
    Stories
    1

    HighLights

    • Four self‑serve wash bays and eight self‑serve vacuum bays with coin‑operated systems.
    • Tunnel car wash with recently upgraded electrical and computer systems.
    • On‑site office space.
    • Prime location between the downtown area and major retail centers.
    • Two grit traps with cleanout equipment included in the sale.
    • Strong, year‑over‑year sales growth; financials available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Auto Parts Store Veterinary Clinic Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Center
    County
    Shelby
    State
    Texas
    Longitude
    -94.1867576
    Latitude
    31.8038127

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    FAQs

    What type of property is this?
    Automotive property - Profitable Car Wash, High Cash Flow
    Where is this automotive property located?
    The property is located at 611 Tenaha St Center, TX.
    What is the asking price?
    The asking price for this property is $1,790,000.
    What are key features of this property?
    This property features: Four self-serve wash bays and eight self-serve vacuum bays with coin-operated systems.; Tunnel car wash with recently upgraded electrical and computer systems.; On-site office space.
    Request Owner's contact information
    611 Tenaha St Center, TX 75935
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    Center, TX 75935
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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
    611 Tenaha St Center, TX 75935
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