Operational Self-Service Car
For Sale
$575,000
5269 Stewart Mill Road, Douglasville, GA 30135
CHC-zoned commercial site includes wash bays, vacuums, paved parking, and access from two roads.
Property Size2,736 SF
Lot Size2.98 Acres
Price / SF$210.16
Days on Market328
Property Features for 5269 Stewart Mill Road
General Information
Standard status
Active
Size
2,736 SF
Lot size
2.98 Acres
Property subtype
General Commercial
Zoning
CHC
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,000
Amenities
vacuums
A/C - Other
3
Parking.
Other Parking, Paved Driveway.
2.9800000190734863
Building Details
Year Built
2003
Buildings
1
Listing Agency:
UC Premier Properties
(404) 281-5002
Listed By:
Jacob Blickenstaff · License #384940
(404) 281-5002
Source:
Xome
Added: Oct 8, 2025
Changed: Aug 29
Last Checked: Aug 30 at 3:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of UC Premier Properties
Investment Insights
Based on property information with market context.
This self-service car wash property includes a 2,736-square-foot operating facility with wash bays, vacuum stations, and full utility infrastructure. Constructed in 2003, the site is zoned CHC and includes paved driveway access and parking. The existing improvements provide an established automotive-use configuration within a larger commercial parcel.
The 2.98-acre property is located at 5269 Stewart Mill Road in Douglasville, Georgia, with entry points from both Stewart Mill Road and Yancey Road. Its position within an established commercial corridor places the site minutes from I-20. Lot depth supports consideration of rear expansion, another building pad, or subdivision, subject to applicable requirements.
The 2.98-acre property is located at 5269 Stewart Mill Road in Douglasville, Georgia, with entry points from both Stewart Mill Road and Yancey Road. Its position within an established commercial corridor places the site minutes from I-20. Lot depth supports consideration of rear expansion, another building pad, or subdivision, subject to applicable requirements.
Key Highlights
- 2.98‑acre CHC‑zoned commercial property
- 2,736 SF self‑service car wash built in 2003
- Existing wash bays, vacuums, and full utility infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,969
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$879,380
$879.4K
Cap Rate 7%
$628,129
$628.1K
Cap Rate 9%
$488,544
$488.5K
Market Conditions
NOI Build-Up for 2,736 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$63.0K $23.04/SF
− Vacancy
−$4.4K −$1.61/SF
EGI
$58.6K $21.43/SF
− OpEx
−$14.7K −$5.36/SF
NOI
$44.0K $16.07/SF
Area
Douglas County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$879,380
Cap Rate 7%
$628,129
Cap Rate 9%
$488,544
Alternative Uses
Best Use
Specialty Retail
$628.1K
$549.6K – $732.8K
NOI $43,969 @ 7.0% cap · market cap 7.65%
Second Best
Retail
$549.8K
$481.0K – $641.4K
NOI $38,483 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$764.8K
$669.2K – $892.3K
NOI $53,537 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 30135, GA
67,508
Population
23,823
Households
2.8
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
83.6 sq mi
ZIP Area
808
Density / Sq Mi
$92,991
Median Household Income
$48,265
Median Earnings
$1,550
Median Rent
$277,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self service car wash - CHC-zoned commercial site includes wash bays, vacuums, paved parking, and access from two roads.
Where is this self service car wash located?
The property is located at 5269 Stewart Mill Road Douglasville, GA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2.98‑acre CHC‑zoned commercial property; 2,736 SF self‑service car wash built in 2003; Existing wash bays, vacuums, and full utility infrastructure
