720 Rosedale StTyler, TX 75702

Property Details for 720 Rosedale St

Year built

1974

Lot size

0.26 AC

Property size (Sq ft)

1,200 SF

Property type

Car washes

APN

1-50000-0226-00-014000

APU

150000022600014000

Description

This turnkey car wash opportunity in Tyler, Texas, presents a compelling investment prospect. Located at 720 E Rosedale St, this 1,200 square foot property sits on a 0.258-acre lot, zoned C-2 (General Commercial District). The building, constructed in 1974, features three wand wash bays and benefits from a daily traffic count of 18,894 vehicles. Its strategic location off US Hwy 271, across from Super 1 Foods, ensures high visibility and accessibility within Tyler's bustling commercial district. The asking price is $295,000, translating to $245.83 per square foot. This vacant storefront presents an ideal owner/user opportunity for an entrepreneur seeking to establish or expand their car wash business. The property's size, location, and existing infrastructure make it a ready-to-operate venture. Detailed financial information is available upon request. This is a rare chance to acquire a well-positioned, established car wash business in a thriving Texas market. Don't miss this chance to capitalize on a high-traffic location and established infrastructure.

• CAP approach

  CAP return

  Valuation

  6%

  $388,480

  6.5%

  $358,597

  7%

  $332,983

• Comparable approach

  Method

  Valuation

  Relative Method

  $442,295

  Geo Method

  $905,355

• Alternative Use

  Use

  Valuation

  Residential

  $302,490

  Hospitality

  $277,079

  Educational

  $230,526

  Medical

  $238,455

  Retail

  $358,597

Location Insight

City

Tyler

County

Smith

State

Texas

Latitude

32.361

Longitude

-95.2931

CBSA code

46340

CBSA name

TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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