REIT Sale | Former Zips Car Wash | 29K VPD | $104K Avg HH Income

Starting Bid $1

• 3,216 SF Car Wash Facility featuring an Automatic Tunnel and Separate Vacuum Bays on 0.46 Acres
• ±29,101 VPD Traffic Counts on Richmond Rd, 1-Block from Sam’s Club, and only 1-Mile to I-30 (+72K VPD)
• Exceptional Real Estate Value | Located in Dense Retail Corridor as User Opportunity or Potential Development
• Nearby National Retailers: Sam’s Club, Target, Kohl’s, Aldi, Hobby Lobby, Ross, Kirkland’s, Dillard’s, Planet Fitness, Dollar Tree, and More
• Affluent Market with Average Household Income of ±$104,417 and Population of 29,612 (5-Mile Radius)
• Flexible GR, General Retail District Zoning Support a Wide Range of Permitted Uses
• Absolute $1 Auction – NO RESERVE!

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**Tours will not be allowed after auction. 

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present the opportunity to acquire a vacant, free-standing retail/service property with an existing car wash facility located at 2806 Richmond Road in Texarkana, Texas 75503 (the “Property”). Formerly occupied by Zips Car Wash, the Property is being offered significantly below replacement cost, presenting an attractive opportunity for owner-users, investors, and developers to acquire a highly visible commercial asset in a main retail corridor with substantial value-add potential. FIRST BID MEETS RESERVE!

Originally constructed in 2010, the Property consists of a ±3,216-square-foot, one-story building featuring a retail/service component, attached automatic car wash tunnel, and vacuum bays. The improvements are situated on a ±0.4572-acre parcel (±19,925 SF) with eight surface parking spaces and direct access from Richmond Road, one of Texarkana’s primary commercial corridors with traffic volumes exceeding 29,000 vehicles per day. The existing improvements provide an opportunity for continued car wash operations, adaptive reuse, or repositioning to alternative retail, automotive, service-oriented, or commercial uses. Located within Texarkana’s established Richmond Road retail corridor, the Property benefits from proximity to numerous national retailers, restaurants, healthcare providers, and regional employment drivers. The surrounding trade area serves as a regional retail destination generating consistent consumer traffic throughout the region.