950 Mcever Rd Gainesville, GA 30504
- Office buildings
- 2,673 SF
- 1.69 lot acres
Current Use by Public Records
- Gainesville Car Wash and Lube Center / Oil Change Service / Car Wash
- Lakeside Car Wash tires and brakes | Lakeside Tires & Brakes / Car Wash / Oil Change Service
Property Details for 950 Mcever Rd
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 1.69 lot acres
- Property size
- 2,673 SF
- Zone code
- H-B
- Property type
- Office buildings
- APN
- 01-116 -002-081
- APU
- 1116002081
Description
This exceptional investment opportunity presents a well-established, single-story car wash and auto center in Gainesville, Georgia. The 4,295 square foot facility, built in 2006 and renovated in 2018, sits on a 1.69-acre lot (APN: 01-00116-02-081) and boasts a strong 9.20% cap rate with a current NOI of $240,000. The property features three drive-thru service bays, a modern car wash tunnel with upgraded equipment, a freestanding detail building, and a covered vacuum station. A furnished lobby/waiting area enhances customer experience. Currently leased to two auto-related tenants on month-to-month agreements, this property is ideal for both investors and owner-operators. Its strategic location in a high-traffic retail corridor, directly across from a Publix-anchored shopping center and near major retailers like Home Depot, Best Buy, and Kohl's, ensures high visibility and consistent customer flow. The property is zoned HB. All furniture, fixtures, and equipment are included for owner-users. The average daily traffic count is 22,297 vehicles. Showings are by appointment only
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Hall
- State
- Georgia
- Longitude
- -83.8626
- Latitude
- 34.2972
- CBSA code
- 23580
- CBSA name
- GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
