301 LoopTyler, TX 75702

For Sale
$2,500,000

Thriving Express Car Wash, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a well-established, owner-user car wash in Tyler, Texas. The 3,500 square foot facility sits on a 0.71-acre lot and boasts a prime location on South Southwest Loop 323, a major north-south arterial road with over 33,000 vehicles passing daily. Its strategic placement near Tyler High School and a Walmart Supercenter ensures high visibility and consistent customer traffic. The surrounding area is densely populated with national and local retailers, including McDonald's, CVS, Whataburger, Walgreens, Big Lots, and more, creating a strong customer base. The car wash itself, operating since 2011, provides a quick and efficient wash experience with state-of-the-art equipment and free self-serve vacuums, complemented by popular monthly pass plans. Its proximity to other schools, including Tyler Legacy High School, Woods Elementary Intermediate School, Bishop Thomas K. Gorman Catholic School, and Tyler Junior College, further enhances its appeal. The asking price is $2,500,000, representing a price per square foot of $714.29. This fee-simple ownership offers significant tax advantages through accelerated bonus depreciation. This is a rare opportunity to acquire a profitable, established business in a high-growth area.

Highlights

  • Owner-user investment opportunity.
  • Established car wash, outparceled to Walmart.
  • High-traffic location on Loop 323, with 33,959 vehicles per day.
  • Less than one mile from Tyler High School and Boulter Middle School.
  • Fee simple ownership with significant tax advantages through 80% bonus depreciation.

Property Details for 301 Loop

Property type
Other specialty properties, Automotive properties
Square Feet
3,500 SF
Lot Size (sq. ft)
30,928 SF

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.3495794
Longitude
-95.3447516
301 Loop, Tyler, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
301 Loop
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message