Property profile

301 Loop Tyler, TX 75702

OFF-MARKET
Specialty properties
3,500 SF 0.71 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established, owner-user car wash in Tyler, Texas. The 3,500 square foot facility sits on a 0.71-acre lot and boasts a prime location on South Southwest Loop 323, a major north-south arterial road with over 33,000 vehicles passing daily. Its strategic placement near Tyler High School and a Walmart Supercenter ensures high visibility and consistent customer traffic. The surrounding area is densely populated with national and local retailers, including McDonald's, CVS, Whataburger, Walgreens, Big Lots, and more, creating a strong customer base. The car wash itself, operating since 2011, provides a quick and efficient wash experience with state-of-the-art equipment and free self-serve vacuums, complemented by popular monthly pass plans. Its proximity to other schools, including Tyler Legacy High School, Woods Elementary Intermediate School, Bishop Thomas K. Gorman Catholic School, and Tyler Junior College, further enhances its appeal. The asking price is $2,500,000, representing a price per square foot of $714.29. This fee-simple ownership offers significant tax advantages through accelerated bonus depreciation. This is a rare opportunity to acquire a profitable, established business in a high-growth area.

Property profile

Verified
Property type Specialty properties
Total area 3,500 SF
Lot 0.71 ac (30,928 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

301 Loop Tyler, TX 75702
Tyler metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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