12 Baynard Park Newnan, GA 30265
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.
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Rip Tide Car Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.