1530 Dixon StGainesville, TX 76240

Property Details for 1530 Dixon St

Year built

2010

Lot size

0.44 AC

Property size (Sq ft)

1,886 SF

Property type

Auto shops

APN

20501

APU

20501

Description

This exceptional commercial property, located at 1530 N Dixon Street in Gainesville, Texas, presents a rare opportunity. Situated on one acre of land just off Highway 82 and a mile from Interstate 35, this 2,800 square foot building currently operates as a successful car wash, benefiting from high traffic and excellent visibility. The established car wash enjoys a loyal customer base, providing immediate income potential for the new owner. The sale includes an 8' x 16' Flex Face billboard, offering significant advertising opportunities for the car wash or potential for additional revenue streams through leasing. The billboard's prominent placement along Highway 82 ensures maximum exposure. The property's strategic location and existing infrastructure offer a strong foundation for continued success in the car wash business or for a new venture entirely. The current owner is retiring, making this a timely acquisition for a savvy investor seeking a turnkey operation with significant upside. Please note that the car wash's trade name is not included in the sale. This is a truly unique opportunity to own a well-established business with substantial growth potential in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $657,936

  6.5%

  $607,325

  7%

  $563,945

• Comparable approach

  Method

  Valuation

  Relative Method

  $707,887

  Geo Method

  $571,847

• Alternative Use

  Use

  Valuation

  Residential

  $512,302

  Hospitality

  $469,266

  Educational

  $390,423

  Medical

  $403,851

  Retail

  $607,325

Location Insight

City

Gainesville

County

Cooke

State

Texas

Latitude

33.6401

Longitude

-97.1446

CBSA code

23620

CBSA name

GAINESVILLE, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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