316 W Lennon, Emory, TX 75440

$198,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$198,000
Price Change
▼ $1,000 1787965992
MLS#
21231066
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1980
Acres
0.22
County
Rains
City
Emory

Property Description

Prime Highway Frontage Car Wash – Undervalued Opportunity with Serious Upside 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.

Additional Information

Unexempt Taxes
$1,873
Tenant Pays
AllUtilities
Lot Size
9,583
Flooring
Concrete
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
Asphalt
Proposed Use
Automotive, Other
Inclusions
Building Only, Business, Inventory
Possession
CloseOfEscrow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Genevieve Golden from Golden Realty Group LLC. Contact: 903-206-2586

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: