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    202 Thomson Hwy / Hwy 17 Wrens, GA 30833

    Sponsored
    For Sale
    $849,000

    High-Traffic Location, 5,076 sq ft, Leased Units

    Property size:
    5,076 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 5,076 square foot strip plaza presents a prime investment opportunity in Wrens, Georgia. The property boasts a thriving 2,000 square foot laundromat, complete with all washers, dryers, and equipment, which is being sold as a business. The remaining 3,076 square feet is divided into four additional leased units, providing a diverse and stable income stream. One tenant has occupied their space for nearly 12 years, demonstrating the property's appeal and tenant retention. The building underwent significant exterior renovations in 2022, including fresh paint, new soffits and eaves, and a new metal façade. Unit E features a rear addition for storage and laundry equipment. The laundromat received a new A/C unit in 2022, and each unit has its own A/C system, with tenants responsible for their own HVAC maintenance and repairs. Security is enhanced by remote-access cameras covering the laundromat's interior and exterior, as well as the building's front. All units operate under yearly leases with staggered renewal dates and varying monthly rental amounts. Each unit has its own electric meter, with tenants responsible for their electricity. The property owner covers water, sewer, and trash services for all units. This well-maintained property's high-traffic location ensures maximum visibility and consistent customer flow, making it an attractive and profitable investment. The 1.16-acre lot provides ample space and potential for future expansion.

    Property Features for 202 Thomson Hwy / Hwy 17

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,076 SF
    Lot Size
    50,530 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wrens
    County
    Jefferson
    State
    Georgia
    Longitude
    -82.39187
    Latitude
    33.20779

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - High-Traffic Location, 5,076 sq ft, Leased Units
    Where is this commercial real estate located?
    The property is located at 202 Thomson Hwy / Hwy 17 Wrens, GA.
    What is the asking price?
    The asking price for this property is $849,000.
    (706) 364-7653
    Request Owner's contact information
    202 Thomson Hwy / Hwy 17 Wrens, GA 30833
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    Wrens, GA 30833
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 Thomson Hwy / Hwy 17 Wrens, GA 30833
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