1812 Park Row DrArlington, TX 76013

Property Details for 1812 Park Row Dr

Year built

1979

Lot size

0.88 AC

Property size (Sq ft)

5,553 SF

Property type

Car washes

APN

960-B-1A2R

APU

960B1A2R

Description

This exceptional investment opportunity presents a thriving car wash business located at 1812 W Park Row Dr, Arlington, TX 76013. The property boasts 5,553 square feet on a 0.878-acre lot, built in 1979 and renovated in 2016. The single-unit facility operates under a CSPD zoning permit and offers a full range of services, including express exterior washes and comprehensive detailing packages for both interior and exterior vehicle cleaning. The business enjoys a prime location in Arlington, benefiting from high traffic volume and proximity to major attractions such as Six Flags Over Texas, AT&T Stadium, and Globe Life Field, as well as numerous shopping centers and the University of Texas at Arlington. Financial performance data indicates strong revenue generation, with 2022 volume exceeding 13,000 on West Park Row and 20,500 on South Field. The asking price is $2,999,000, representing a price per square foot of $540.07 and a price per unit of $2,999,000. This turnkey operation presents a rare opportunity for an investor seeking a profitable and established business in a high-growth area. The business is open Monday through Friday, from 9:00 a.m. to 6:00 p.m. The property's APN is 04331915. This is a unique chance to acquire a well-established and profitable car wash business in a vibrant Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,563,171

  6.5%

  $1,442,927

  7%

  $1,339,861

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,790,686

  Geo Method

  $4,189,532

• Alternative Use

  Use

  Valuation

  Residential

  $1,217,163

  Hospitality

  $1,114,915

  Educational

  $927,596

  Medical

  $959,498

  Retail

  $1,442,927

Location Insight

City

Arlington

County

Tarrant

State

Texas

Latitude

32.7207

Longitude

-97.1356

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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