Back to Search
Property profile & analytics
FOR SALE
Car washes
6313 S Broadway Ave Tyler, TX 75703
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US82-2674425
For Sale
1 / 2
$3,985,000
6313 S Broadway Ave, Tyler, TX 75703
View Listing →
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1987
Total area
6,596 SF
Lot
1.01 ac (43,996 SF)
APN
1-50000-1434-00-063000
UPID
US82-2674425
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
-
Gleaux Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$630k
Owner & transaction history
Resa 12 LLC · 6 yrs held
Resa 12 LLC
since 2020
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$630,000
+10.5%
Restaurant
$615,000
+7.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tyler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tyler submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$570,000
Current use
COMMERCIAL (GENERAL)
$630,000
Change: +11% · Conversion: Moderate
RESTAURANT
$615,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$555,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,500
Tax year 2023
Assessed value
$1,233,385
Assessed 2023
Previous assessed
$1,233,385
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$615,944
Assessed improvement
$617,441
Land market value
$615,944
Improvement market value
$617,441
Total market value
$1,233,385
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
For Sale
Year built
1987
Heating
NONE
Buildings
3
Stories
1
Total area
6,596 SF
Lot
1.01 ac (43,996 SF)
APN
1-50000-1434-00-063000
UPID
US82-2674425
Jurisdiction
SMITH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$570,000
COMMERCIAL (GENERAL)
Est. value
$630,000
RESTAURANT
Est. value
$615,000
OFFICE BUILDING
Est. value
$555,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
1
Buildings
3
Lot
1.01 ac
Current owner
From public records · entity-resolved
Resa 12 LLC
Entity
Mailing address
PO BOX 7842, LITTLE ROCK, AR 72217-7800
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2020
—
Resa 12 LLC
—
Deed
related
$2,815,000 · First St Bk
Jan 22, 2020
—
Resa 12 LLC
Lcp South Broadway Grande LLC
Grant Deed
$2,800,000 · Relyance Bk NA
Dec 14, 2009
—
J Wheel INC
—
Trustees Deed
related
$50,000 · Citizens 1st Bank
—
—
J Wheel INC
—
Deed Of Trust
related
$250,000 · Citizens 1st Bank
—
—
J Wheel INC
—
Deed Of Trust
related
$50,000 · Citizens 1st Bank
—
—
Resa 12 LLC
—
Deed Of Trust
related
$2,815,000 · First St Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.