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Property profile & analytics
OFF-MARKET
Specialty properties

12 Baynard Park Newnan, GA 30265

2,550 SF Built 2012
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Specialty properties
Year built 2012
Total area 2,550 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
Current use
Occupant on record · Public records
  • Rip Tide Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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