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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Car washes
115 Belt Line Rd, Cedar Hill, TX 75104-2010
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-5452072
Property summary
AI-generated overview
This exceptional Class A car wash, located at 115 W Belt Line Rd, Cedar Hill, TX 75104, presents a unique opportunity for owner-operators. The 5,630 square foot facility, built in 2002 and extensively renovated in 2024, sits on a substantial 61,700 square foot lot (APN: 99030904082919751) and features a 105-foot tunnel with all new equipment, including 20 vacuums and a new LED canopy. The net rentable area is 5,454 square feet. The property is zoned LR and offers significant tax advantages under IRS Code Sections 179 & 168(k), potentially allowing for accelerated depreciation. The business is classified as an essential service, demonstrating resilience to economic downturns, including the recent pandemic. This fee-simple ownership opportunity includes the land, building, and all fixtures, furniture, and equipment (FF&E). The asking price is $4,950,000. This is a turnkey operation ready for immediate income generation. Don't miss this chance to acquire a thriving, newly updated car wash business in a prime location.
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2002
Construction
FRAME
Total area
5,454 SF
Lot
1.4 ac (60,853 SF)
Zoning code
Z31
APN
16033000010050000
UPID
US82-5452072
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
Current use
Occupant on record · Public records
-
Fo Shao Cuts Barber Shop
-
Tray's Cut Above Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$939k
Blend (final)
Blend
$680k
Owner & transaction history
Yoodon LLC · 3 yrs held
Yoodon LLC
since 2023
5 recorded transactions
Zoning & alternative use
Z31 · Cedar Hill, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$975,000
+51.6%
Restaurant
$750,000
+17.0%
Office building
$700,000
+8.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cedar Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Hill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$640,000
Current use
COMMERCIAL (GENERAL)
$975,000
Change: +52% · Conversion: Moderate
RESTAURANT
$750,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$700,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$525,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,217
Tax year 2023
Assessed value
$1,300,000
Assessed 2023
Previous assessed
$1,300,000
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$547,670
Assessed improvement
$752,330
Land market value
$547,670
Improvement market value
$752,330
Total market value
$1,300,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2002
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
5,454 SF
Lot
1.4 ac (60,853 SF)
Zoning code
Z31
APN
16033000010050000
UPID
US82-5452072
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z31 · Cedar Hill, TX
Zoning Z31 · permitted uses
Z31 · Cedar Hill, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cedar Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$640,000
COMMERCIAL (GENERAL)
Est. value
$975,000
RESTAURANT
Est. value
$750,000
OFFICE BUILDING
Est. value
$700,000
RETAIL STORES
Est. value
$525,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1.4 ac
Current owner
From public records · entity-resolved
Yoodon LLC
Entity
Mailing address
2828 E TRINITY MLS RD STE #126, CARROLLTON, TX 75006-2393
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
—
Yoodon LLC
New Millennium Bank
Venders Lien
$1,650,000 · First State Bank
Sep 6, 2022
$2,750,000
New Millennium Bank
Mansamusa Cedar Hill INC
Trustees Deed
related
—
Sep 27, 2019
—
Mansamusa Cedar Hill INC
Bright Brigade Car Spa LLC
Venders Lien
$2,673,000 · New Millennium Bank
May 16, 2017
—
Bright Brigade Car Spa LLC
Signature Car Spa I LP
Venders Lien
$1,400,000 · Commonwealth Business Bank
Nov 12, 2001
—
Signature Car Spa I LP
Tetteh,jimmy
Grant Deed
$1,274,000 · Us Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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