8904 Stemmons FwyDallas, TX 75235

  • Commercial land
  • 3,660 SF
For Sale
$3,500,000 View listing

Property Details for 8904 Stemmons Fwy

Year built
1974
Construction
WOOD FRAME
Lot size
0.65 AC
Property size (Sq ft)
3,660 SF
Zone code
Z151
Property type
Commercial land
APN
576135100000
APU
576135100000

Description

This exceptional investment opportunity presents a 3,009-square-foot, freestanding Regal Row Express Car Wash in Dallas, Texas. Built in 2024, this 100% occupied property sits on a 0.66-acre lot at 8904 N Stemmons Fwy, Dallas, TX 75235. The car wash boasts thirteen vacuum stations and all equipment is included. This net lease property is priced at $3,500,000, representing $1,163.18 per square foot. The location offers excellent visibility on Interstate 35 (134,819 vehicles per day), and benefits from proximity to Dallas Love Field Airport (over 17 million passengers in 2023) and Southwest Airlines headquarters, all within 3 miles. The surrounding area boasts a substantial population, with over 271,080 residents and 510,163 employees within a 5-mile radius. This property may qualify for bonus depreciation, making it an even more attractive investment. The property is a single unit and includes all equipment. This is a rare opportunity to acquire a high-performing, established car wash in a prime Dallas location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $644,072
    Hospitality
    $589,967
    Educational
    $490,846
    Medical
    $507,727
    Retail
    $763,538

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.8365
Longitude
-96.8743
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
$9,821
$427,970
-
$427,970
-
$427,970
-
$427,970

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