3124 Collinsworth St Fort Worth, TX 76107-6537
Exceptional opportunity to acquire a highly profitable car wash business located at 3124 Collinsworth St, Fort Worth, TX 76107. This 8,509 square foot facility, built in 1989, boasts a prime location on University in Fort Worth, with no nearby competition. The property features a 140-foot long, 18-foot wide tunnel, updated equipment including a dual-sided machine (the only one in DFW), and a Mobil 1 lube shop – the only one in Fort Worth. The facility includes prefabricated concrete buildings with an iconic tower, a gift shop/lobby with high-end finishes, and four 24-foot curb cuts for efficient traffic flow. The business benefits from a strong online presence, including a high number of authentic local Facebook likes and top Google reviews in Fort Worth. The current operation is hands-off, focusing on reputation and revenue, with significant potential for increased profitability through improved cost management and operational strategies, such as implementing VIP membership plans or a flex-serve model. The property is zoned for a car wash, ensuring long-term viability. The asking price is $9,495,000, representing $1,115.88 per square foot and $4,747,500 per unit. This is a unique opportunity to acquire a well-established, high-performing car wash in a rapidly developing area. The sale includes all equipment except for a specified rectangular wood pedestal and display table.
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University Car Wash & Oil Service Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.