316 W Lennon Emory, TX 75440
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $162
MLS Listing ID 21231066
HOA Y/N No
Year Built 1980
Annual Tax Amount $1,873
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Business
Property Description
Opportunities like this don't come around often—not because of what it is today, but because of what it can become. Positioned on valuable highway frontage, this 3-bay self-serve car wash with vacuum stations offers immediate income.
Currently operating as a modest, steady producer, this property is best viewed through an investor's lens. The real value is in the land. High-visibility highway frontage is becoming increasingly scarce, and national car wash operators prioritize sites just like this when expanding. This puts you in a powerful position to hold and collect income while values rise, enhance and increase revenue with strategic upgrades, or position for a future resale to a larger operator needing highway presence.
This is where things get exciting. A buyer with vision could add a drive-through express tunnel wash, implement a monthly membership or subscription model, upgrade equipment for higher pricing power, and expand services to capture more traffic and repeat customers. With relatively straightforward improvements, this property could transition from a small income producer into a high-performing asset.
From an investment standpoint, the options are clear: buy and hold while land appreciation does the heavy lifting, improve and scale using modern car wash trends, or land bank a premium highway location before inventory disappears.
This isn't just a car wash—it's a strategic piece of real estate with built-in income and major upside potential. Whether you're looking to grow your portfolio, break into the car wash space, or secure a future redevelopment play, this property checks the boxes. Buy the land, collect the income, and create the upside.
Location
State TX
County Rains
Zoning Commercial
Direction On HWY 69 - GPS will take you there - Roy's Car wash
Interior
Heating None
Cooling None
Flooring Concrete
Inclusions Building Only, Business, Inventory
Fireplace No
Exterior
Parking Features Asphalt
Utilities Available Water Available
Water Access Desc Public
Roof Type Metal
Street Surface Asphalt
Road Frontage Highway, All Weather Road
Building
Story 1
Foundation Slab
Water Public
Others
Tax ID R20479
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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