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    Albany, GA 31707

    Sponsored
    For Sale
    $4,250,000

    Established 5-location business, high revenue.

    Property size:
    4,634 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a thriving, market-leading dry cleaning business in Albany, Georgia, asking $4,250,000. The sale includes five strategically located properties totaling 17,943 square feet. The main facility, a 4,634 square foot Class B building constructed in 1969 and renovated in 1971, houses the primary dry cleaning plant, along with customer drop-off/pick-up areas and offices. A second 5,555 square foot building serves as a laundry plant, also featuring drop-off/pick-up and two income-producing rental units. Three additional smaller buildings, ranging from 1,734 to 3,800 square feet, function as convenient drop-off/pick-up locations. These properties benefit from high daily traffic counts, ranging from 10,100 to 24,000 cars per day, ensuring consistent customer access. The business boasts over $1.5 million in annual revenue and features state-of-the-art equipment in excellent condition. Established for over 50 years, this family-owned enterprise holds a dominant market position. Detailed financial information and precise location specifics are available upon execution of a Confidential Disclosure Agreement. This is a rare chance to acquire a well-established, profitable business with significant growth potential.

    Property Features for 0

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,634 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1969/1971
    Buildings
    5
    Stories
    1

    HighLights

    • High‑revenue business exceeding $1.5M annually.
    • Five locations: main plant, separate laundry facility, and three additional drop‑off/pick‑up sites.
    • Excellent condition, state‑of‑the‑art equipment.
    • Established, family‑owned market leader operating for over 50 years.
    • Two locations generate supplemental income from leased space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albany
    County
    Dougherty
    State
    Georgia
    Longitude
    -84.155741
    Latitude
    31.5785074

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    FAQs

    What type of property is this?
    Office Property / Space - Established 5-location business, high revenue.
    Where is this office property / space located?
    The property is located at Albany, GA.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: High-revenue business exceeding $1.5M annually.; Five locations: main plant, separate laundry facility, and three additional drop-off/pick-up sites.; Excellent condition, state-of-the-art equipment.
    (229) 349-3884
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    Albany, GA 31707
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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

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    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
    Albany, GA 31707
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