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    950 Mcever Rd Gainesville, GA 30504

    Sponsored
    For Sale
    $2,600,000

    Established car wash, high NOI, prime location.

    Property size:
    4,295 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a well-established, single-story car wash and auto center in Gainesville, Georgia. The 4,295 square foot facility, built in 2006 and renovated in 2018, sits on a 1.69-acre lot (APN: 01-00116-02-081) and boasts a strong 9.20% cap rate with a current NOI of $240,000. The property features three drive-thru service bays, a modern car wash tunnel with upgraded equipment, a freestanding detail building, and a covered vacuum station. A furnished lobby/waiting area enhances customer experience. Currently leased to two auto-related tenants on month-to-month agreements, this property is ideal for both investors and owner-operators. Its strategic location in a high-traffic retail corridor, directly across from a Publix-anchored shopping center and near major retailers like Home Depot, Best Buy, and Kohl's, ensures high visibility and consistent customer flow. The property is zoned HB. All furniture, fixtures, and equipment are included for owner-users. The average daily traffic count is 22,297 vehicles. Showings are by appointment only

    Property Features for 950 Mcever Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    4,295 SF
    Lot Size
    73,616 SF

    Building Details

    Year Built/Renovated
    2006/2018
    Buildings
    1
    Stories
    1

    HighLights

    • 4,295 SF car wash/auto center.
    • Includes all furniture, fixtures, and equipment (FF&E).
    • Features three drive‑thru service bays.
    • One car wash tunnel with upgraded equipment.
    • Freestanding building.
    • Covered vacuum station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gainesville Car Wash ... Car Wash Lakeside Car Wash ... Car Wash

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Hall
    State
    Georgia
    Longitude
    -83.8627716
    Latitude
    34.2971854

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    FAQs

    What type of property is this?
    Automotive property - Established car wash, high NOI, prime location.
    Where is this automotive property located?
    The property is located at 950 Mcever Rd Gainesville, GA.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: 4,295 SF car wash/auto center.; Includes all furniture, fixtures, and equipment (FF&E).; Features three drive-thru service bays.
    Request Owner's contact information
    950 Mcever Rd Gainesville, GA 30504
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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
    950 Mcever Rd Gainesville, GA 30504
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