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OFF-MARKET
Specialty properties

301 Loop Tyler, TX 75702

3,500 SF 0.71 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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