316 W LENNON, EMORY, TX 75440

Homes for sale in Emory.

Homes for sale in 75440.


316 W Lennon

Emory, TX 75440

Active

List Price$205,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21231066

1,260

Square Feet

1

Number of Units

Commercial

Type

About This Property

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.

Property Features

Location Information

County

Rains

Subdivision

None

Interior Features

Has Fireplace

No

Floors

Concrete

Heating

None

Tenant Pays

All Utilities

Cooling

None

Total Number of Units

1

Exterior Features

Construction

Other

Lot Size in Sq. Ft.

9,583

Foundation

Slab

Possible Best Use

Automotive, Other

Roof

Metal

Zoning

Commercial

Utilities

Water Available

Building Total Area (Sq. Ft.)

1,260

Parking Description

Asphalt

Road Description

Highway, All Weather Road, Asphalt

Lot Size in Acres

0.22

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

1873.0

Property SubType

Business

Lot Acres Source

Assessor

Year Built

1980

Similar Listings

Mortgage Calculator

$955

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$738

Monthly Tax

$170

Monthly Insurance

$47

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

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