301 Loop Tyler, TX 75702
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.