Two-Bay Automated Car
For Sale
$645,000
76 Sammy Mcghee Boulevard, Jasper, GA 30143
Commercial Sale, Jasper, GA
Property Size1,849 SF
Lot Size0.88 Acres
Price / SF$348.84
Days on Market221
Property Features for 76 Sammy Mcghee Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Parking
10
Parking features
Parking Lot
Security features
Security
Lot features
Level, Rectangular Lot
View
City
Directions
Traveling north on HWY 515, turn right onto W Church St (HWY 53). Continue out HWY 53 for about half a mile and turn right onto Sammy Mcghee Blvd. The car wash will be on the right directly beside Burger King.
Standard status
Active
APN
JA10 061
Size
1,849 SF
Lot size
0.88 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2857
Utilities
Utilities
Water Available
Water source
Public
Building Details
Year built
2010
Floors in Building
1
Building materials
Brick
Listing Agency:
Century 21 Lindsey and Pauley · Century 21 Real Estate
(706) 692-3533
Listed By:
Salone Griffin · License #374564
(770) 377-5034
Added: Feb 1
Changed: Aug 19
Last Checked: Sep 10 at 11:06AM
MLS# 7712566
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,849-square-foot car wash property occupies 0.88 acres and includes a two-bay automated wash, four vacuum and shampoo stations, and a parking lot. Built in 2010, the brick-constructed facility is served by public water and carries C3 zoning.
The property is located at 76 Sammy McGhee Boulevard in Jasper, just off Highway 515 and near downtown. The site is positioned close to the post office and other local businesses, with access from the surrounding commercial area. The existing improvements provide an operating car wash configuration with on-site parking and multiple customer-service stations.
The property is located at 76 Sammy McGhee Boulevard in Jasper, just off Highway 515 and near downtown. The site is positioned close to the post office and other local businesses, with access from the surrounding commercial area. The existing improvements provide an operating car wash configuration with on-site parking and multiple customer-service stations.
Key Highlights
- Two‑bay automated car wash with four vacuum and shampoo stations
- 1,849 square feet on 0.88 acres
- C3 zoning
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
$29,714
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
4.61%
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%
$594,280
$594.3K
Cap Rate 7%
$424,486
$424.5K
Cap Rate 9%
$330,156
$330.2K
Market Conditions
NOI Build-Up for 1,849 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
$42.6K $23.04/SF
− Vacancy
−$3.0K −$1.61/SF
EGI
$39.6K $21.43/SF
− OpEx
−$9.9K −$5.36/SF
NOI
$29.7K $16.07/SF
Area
Pickens 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%
$594,280
Cap Rate 7%
$424,486
Cap Rate 9%
$330,156
Alternative Uses
Best Use
Specialty Retail
$424.5K
$371.4K – $495.2K
NOI $29,714 @ 7.0% cap · market cap 4.61%
Second Best
Retail
$371.5K
$325.1K – $433.5K
NOI $26,007 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$516.9K
$452.3K – $603.0K
NOI $36,181 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
Demographics for 30143, GA
24,476
Population
12,549
Households
2
Avg Household Size
49
Median Age
32%
College-Educated
92%
High-School Grad
145.3 sq mi
ZIP Area
168
Density / Sq Mi
$79,879
Median Household Income
$42,635
Median Earnings
$1,085
Median Rent
$324,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Operating facility with vacuum and shampoo stations, parking, and public water service.
Where is this car wash located?
The property is located at 76 Sammy Mcghee Boulevard Jasper, GA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Two‑bay automated car wash with four vacuum and shampoo stations; 1,849 square feet on 0.88 acres; C3 zoning
