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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8589 Ga-16 Monticello, GA 31064

3,673 SF 0.66 ac lot Built 2004
Property ID
Property summary
AI-generated overview

This 3,673 square foot auto shop in Monticello, Georgia, presents a lucrative investment opportunity. Built in 2004 on a 0.66-acre lot, this established car wash boasts six bays – four self-serve and two automatic – along with four vacuum stations. The property includes a Kooler Ice Machine, generating supplemental income. Situated on 263.6 feet of Highway 16 frontage, it benefits from high visibility and convenient access. The average daily traffic count on this stretch of Highway 16 was 6,910 vehicles in 2022, according to the Georgia Department of Transportation. This prime commercial location is zoned appropriately and enjoys all necessary utilities. The property is conveniently located west of downtown Monticello, adjacent to Jasper Engines, and neighbors several established businesses including Jack's Fast Food, Circle K, Ingle's Market, Farmer's Furniture, Town-N-Country Farm & Pet Supply, Piedmont Academy, and Jasper County Schools. The asking price is $785,000, translating to $213.72 per square foot. Annual property taxes are approximately $4,000. This turnkey operation offers immediate income potential and strong growth prospects in a thriving community.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2004
Total area 3,673 SF
Lot 0.66 ac (28,750 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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