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    3124 Collinsworth St Fort Worth, TX 76107

    Sponsored
    For Sale
    $9,495,000

    Profitable Car Wash, Prime Location

    Property size:
    8,509 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to acquire a highly profitable car wash business located at 3124 Collinsworth St, Fort Worth, TX 76107. This 8,509 square foot facility, built in 1989, boasts a prime location on University in Fort Worth, with no nearby competition. The property features a 140-foot long, 18-foot wide tunnel, updated equipment including a dual-sided machine (the only one in DFW), and a Mobil 1 lube shop – the only one in Fort Worth. The facility includes prefabricated concrete buildings with an iconic tower, a gift shop/lobby with high-end finishes, and four 24-foot curb cuts for efficient traffic flow. The business benefits from a strong online presence, including a high number of authentic local Facebook likes and top Google reviews in Fort Worth. The current operation is hands-off, focusing on reputation and revenue, with significant potential for increased profitability through improved cost management and operational strategies, such as implementing VIP membership plans or a flex-serve model. The property is zoned for a car wash, ensuring long-term viability. The asking price is $9,495,000, representing $1,115.88 per square foot and $4,747,500 per unit. This is a unique opportunity to acquire a well-established, high-performing car wash in a rapidly developing area. The sale includes all equipment except for a specified rectangular wood pedestal and display table.

    Property Features for 3124 Collinsworth St

    General Information

    Property type
    Automotive properties
    Square Feet
    8,509 SF

    Building Details

    Year Built
    1989
    Buildings
    8509
    Stories
    1
    Units
    2

    HighLights

    • Highly profitable car wash business in prime Fort Worth location.
    • 8,509 SF facility with updated equipment, including a unique dual‑sided car wash machine.
    • Mobil 1 lube shop (only one in Fort Worth).
    • Strong online presence and excellent local reputation.
    • $9,495,000 asking price; $1,115.88 PSF; $4,747,500 per unit.
    • Zoned for car wash use.
    Property Profile Location Intelligence

    Current Use by Public Records

    University Car Wash ... Car Wash

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.362502
    Latitude
    32.726646

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    FAQs

    What type of property is this?
    Automotive property - Profitable Car Wash, Prime Location
    Where is this automotive property located?
    The property is located at 3124 Collinsworth St Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $9,495,000.
    What are key features of this property?
    This property features: Highly profitable car wash business in prime Fort Worth location.; 8,509 SF facility with updated equipment, including a unique dual-sided car wash machine.; Mobil 1 lube shop (only one in Fort Worth).
    Request Owner's contact information
    3124 Collinsworth St Fort Worth, TX 76107
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    Fort Worth, TX 76107
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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
    3124 Collinsworth St Fort Worth, TX 76107
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