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    2126 Josey Ln Carrollton, TX 75006-2904
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    Property profile & analytics

    2126 Josey Ln Carrollton, TX 75006-2904


    • Drive through restaurants
    • 4,042 SF
    • 0.96 lot acres
    Off-Market
    Last Sale May 23, 2024
    Property ID
    US82-0496095
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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
    Property size
    4,042 SF
    Zone code
    Z140
    Property type
    Drive through restaurants
    APN
    14089660015R10000
    APU
    14089660015R10000

    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

    based on Realmo’s proprietary methodology
    • 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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,291
    $338,970
    $875,420
    $1,214,390
    -
    $338,970
    $875,420
    $1,214,390
    More about this property
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