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    12 Baynard Park Newnan, GA 30265

    Sponsored
    For Sale
    $5,500,000

    Profitable Car Wash, Prime Location

    Property size:
    2,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a thriving, established car wash in Newnan, Georgia. Located at 12 Baynard Park, this 2,550 square foot facility boasts a 9.36% cap rate and a strong NOI of $515,000. Built in 2012, the car wash features automatic and self-service bays equipped with 16 industrial-grade vacuums and utilizes eco-friendly, water-saving technology. It also offers premium detailing services. The property benefits from a high-traffic location with excellent visibility, situated near I-85 (81,600 vehicles daily) and Bullsboro Drive (32,700 vehicles daily), ensuring a consistent customer base. The asking price is $5,500,000, representing a price per square foot of $2,156.86. This turnkey operation provides a rare opportunity to acquire a profitable, established business with significant growth potential in a rapidly developing market. The sale includes both the real estate and the ongoing car wash business.

    Property Features for 12 Baynard Park

    General Information

    Property type
    Automotive properties
    Square Feet
    2,550 SF

    Building Details

    Year Built
    2012
    Units
    1

    HighLights

    • $5,500,000 asking price for a 2,550 SF car wash in Newnan, GA.
    • 9.36% cap rate with a $515,000 NOI.
    • Built in 2012, this single‑unit property offers a price per square foot of $2,156.86 and a price per unit of $5,500,000.
    • Located at 12 Baynard Park, Newnan, GA 30265, in a high‑traffic area with excellent visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rip Tide Car ... Car Wash

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.722308124281
    Latitude
    33.401507945584

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    FAQs

    What type of property is this?
    Automotive property - Profitable Car Wash, Prime Location
    Where is this automotive property located?
    The property is located at 12 Baynard Park Newnan, GA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: $5,500,000 asking price for a 2,550 SF car wash in Newnan, GA.; 9.36% cap rate with a $515,000 NOI.; Built in 2012, this single-unit property offers a price per square foot of $2,156.86 and a price per unit of $5,500,000.
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    12 Baynard Park Newnan, GA 30265
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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
    12 Baynard Park Newnan, GA 30265
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