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Property profile & analytics
OFF-MARKET
Car washes

206 Winchester Dr Tyler, TX 75701-8846

2,412 SF 0.87 ac lot Built 1999
Entity Owned ~ Est. High Equity
Property ID
US82-0103784
Property summary
AI-generated overview

This turnkey car wash in Tyler, Texas, presents a lucrative investment opportunity for both owner-operators and passive investors. The 4,000 square foot facility, built in 1999 and extensively renovated in 2024, sits on a 0.86-acre lot at 206 Winchester Dr, Tyler, TX 75701. The property boasts two self-automated touchless tunnels equipped with FRP panels, minimizing vehicle damage and maximizing customer satisfaction. Six coin-operated covered vacuums provide additional revenue streams, complemented by the potential for growth through monthly subscription services. Over $65,000 in capital improvements were made within the last two years, ensuring a modern and efficient operation. The strategic location off Broadway Avenue benefits from high traffic volume, exceeding 28,000 vehicles daily on Winchester and South Broadway, and serves a substantial population base of over 100,000 residents within a five-mile radius. The property's strong financial performance is evident in its current NOI of $123,202 and a pro-forma NOI of $10,315,978. This two-story building is a single structure, offering a streamlined and manageable operation. The property's APN is 15000-0101-00-6017060. This is a rare opportunity to acquire a well-established, high-performing car wash in a prime location.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1999
Total area 2,412 SF
Lot 0.87 ac (37,854 SF)
APN 1-50000-1010-06-017060
UPID US82-0103784
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
  • Tyler Laser Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
K & V Investment Holdings II LLC
K & V Investment Holdings II LLC
since 2026
3 recorded transactions
2026
$1.1M
2021
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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