2126 Josey Ln, Carrollton, TX 75006-2904
- Drive through restaurants
- 4,042 SF
- 0.96 lot acres
Current Use by Public Records
- Landshark Car Wash / Car Wash
Property Details for 2126 Josey Ln
- Year built
- 2005
- Construction
- FRAME
- Lot size
- 0.96 lot acres
- Zone code
- Z140
- Property type
- Drive through restaurants
- APN
- 14089660015R10000
- APU
- 14089660015R10000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 18, 2025 | — | Tiya Investments LLC | — | Deed · related | $2.7M · Umb Bank NA |
| Apr 10, 2024 | — | 2126 N Josey LLC | — | Deed · related | $150k · North Dallas Bank & Trust Co |
| Jul 6, 2023 | — | 2126 N Josey LLC | Tddt Property Holdings LLC | Warranty Deed | $3.5M · North Dallas Bank & Trust Co |
| Feb 19, 2020 | — | Tddt Property Holdings LLC | — | Deed · related | $1.2M · Alliance Bk Ctrl Tx |
| Dec 16, 2019 | — | Tddt Property Holdings LLC | Bui-tran Family Trust | Grant Deed · related | $1.4M · Alliance Bk Ctrl Tx |
| Feb 8, 2019 | — | Bui-tran Family Trust | — | Deed · related | $1.3M · Alliance Bk Ctrl Tx |
| Nov 16, 2016 | — | Quy Tran Chau | — | Deed · related | $1.4M · Alliance Bank Central Texas |
| Nov 10, 2016 | — | Bui-tran Family Trust | Josey Jbb Dev LLC | Grant Deed | $1.4M · Alliance Bk Ctrl Tx |
| May 17, 2016 | — | Josey Jbb Development LLC | Phyllis A Michaelian | Venders Lien | $1.7M · First National Bank Of Central Tx |
| Mar 1, 2006 | — | Michaelian Trust | Realty Jv Venture Viii | Grant Deed · related | — |
| Dec 22, 2004 | — | Each Of The Hayden Co | Josey Investment | Warranty Deed · related | — |
| — | — | Bui-tran Family Trust | — | Loan Modification · related | $1.3M · Alliance Bk Ctrl Tx |
| — | — | Tddt Property Holdings LLC | — | Loan Modification · related | $1.2M · Alliance Bk Ctrl Tx |
Description
This exceptional investment opportunity presents a fee-simple ownership of a thriving car wash in Carrollton, Texas. The property boasts a 20-year absolute NNN lease, ensuring minimal landlord responsibilities and a predictable income stream. The 3,942 square foot building sits on a 1.35-acre lot at a high-traffic intersection experiencing over 50,000 cars per day, guaranteeing excellent visibility and consistent customer flow. The property underwent renovations in 2024 and currently enjoys 100% occupancy with a strong national tenant. The lease includes annual rent bumps of 1.5%, providing built-in growth potential. The property's Net Operating Income (NOI) is $375,000, resulting in an attractive 6.9% capitalization rate. The asking price is $5,435,000. This is a rare opportunity to acquire a land and building asset with a long-term, secure lease in a prime retail location surrounded by complementary businesses and strong demographics. The tenant is responsible for all expenses, minimizing operational burdens for the owner. This depreciable asset offers significant tax advantages. Located at 2126 N Josey Ln, Carrollton, TX 75006, in Dallas County, this car wash represents a compelling investment with substantial long-term value.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $425,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $596,000
Market price range: $406k - $672k -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $525,000 Current use
- OFFICE BUILDING
- $605,000 Change: +16% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $525,000 Change: +0% Conversion: Easy
- AUTO REPAIR, GARAGE
- $475,000 Change: -9% Conversion: Difficult
- RETAIL STORES
- $460,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Carrollton
- County
- Dallas
- State
- Texas
- Longitude
- -96.8894
- Latitude
- 32.9709
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
