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Property profile & analytics
OFF-MARKET
Car washes

1215 5th St Tyler, TX 75701-3441

1,876 SF 0.4 ac lot Built 1985
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US82-2794086
Property summary
AI-generated overview

This vacant, 1,876-square-foot storefront property at 1215 E 5th St, Tyler, TX 75701, presents a compelling redevelopment opportunity. Currently configured as a car wash, this C-2 zoned property sits on a 0.4-acre lot and boasts high visibility with a daily traffic count of 17,000 vehicles. Built in 1954 and renovated in 1985, the single-story building consists of two structures totaling 1,876 square feet of net rentable space. Its prime location offers exceptional accessibility and exposure, situated just 0.5 miles from the burgeoning UT Medical School and directly across from Tyler Junior College in Smith County. The asking price is $595,000, translating to $317.16 per square foot. This property's strategic position and high traffic volume make it an ideal investment for entrepreneurs seeking a high-impact location in a thriving Texas market. The vacant status allows for immediate customization and adaptation to a wide range of commercial uses. This is a rare chance to acquire a well-positioned property in a rapidly developing area of Tyler.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1985
Total area 1,876 SF
Lot 0.4 ac (17,555 SF)
APN 1-50000-0657-00-028000
UPID US82-2794086
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
  • Splash Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gukh International INC · 11 yrs held
Gukh International INC
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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