201 End BlvdMarshall, TX 75670

Property Details for 201 End Blvd

Year built

2008

Lot size

0.64 AC

Property size (Sq ft)

2,427 SF

Property type

Car washes

APN

03030.00700.00000.000000

APU

9223372036854775807

Description

Exceptional opportunity to acquire two established car washes in Marshall, Texas. This turnkey operation includes two locations, one with an 80-foot tunnel and the other with a 125-foot tunnel, both equipped with state-of-the-art technology including Sonny's & Belanger, Macneil/PECO PECO Controls POS systems, Hamilton HTK RFID, XpresWash, and multiple vacuum stations. The properties boast a combined square footage ranging from 2,427 to 6,802 square feet, situated on lots ranging from 0.64 to 1.42 acres. Built in 1977 and renovated in 2008, these car washes are located at 201 E End Blvd N and 1405 United Flight Ninety Three St, Marshall, TX 75670. The business benefits from a strong local market, with Marshall experiencing a 0.62% annual population growth and an average household income of $70,697. The car washes are known for their focus on customer experience, utilizing modern cleaning materials, LED lighting, and quality drying systems. This presents a unique investment opportunity in a thriving Texas market. The properties are sold together and are shown exclusively by appointment only. Detailed equipment lists are available upon request. The APNs are R000002611 and R008956117.

• CAP approach

  CAP return

  Valuation

  6%

  $785,700

  6.5%

  $725,262

  7%

  $673,457

• Comparable approach

  Method

  Valuation

  Relative Method

  $894,541

  Geo Method

  $1,275,836

• Alternative Use

  Use

  Valuation

  Residential

  $611,785

  Hospitality

  $560,392

  Educational

  $466,240

  Medical

  $482,274

  Retail

  $725,262

Location Insight

City

Marshall

County

Harrison

State

Texas

Latitude

32.546

Longitude

-94.3506

CBSA code

30980

CBSA name

LONGVIEW, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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