11110 State Brg Rd Alpharetta, GA 30022-6009
Property profile & analytics
11110 State Brg Rd Alpharetta, GA 30022-6009
- Car washes
- 4,608 SF
- 1.34 lot acres
Property ID
US22-3675529
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Mister Car Wash / Car Wash
Property Details for 11110 State Brg Rd
- Year built
- 2013
- Construction
- WOOD
- Lot size
- 1.34 lot acres
- Property size
- 4,608 SF
- Zone code
- C1C
- Property type
- Car washes
- APN
- 11 036001290999
- APU
- 11036001290999
Description
This exceptional investment opportunity features a Mister Car Wash located at 11110 State Bridge Rd, Alpharetta, GA 30022, in Fulton County. The property boasts 3,635 square feet on a 1.34-acre lot and was built in 2015. Currently operating under a Triple Net (NNN) lease with a corporate guarantee, the lease commenced November 7, 2019, and has a remaining term of 15 years, expiring November 30, 2039. The property enjoys 100% occupancy, generating a substantial Net Operating Income (NOI) of $291,846 annually, representing a compelling 7.00% capitalization rate. The asking price is $4,169,229. The lease includes annual rent increases of 1.50%, providing consistent growth potential. This single-tenant property offers a secure, passive income stream with significant long-term value. The property's prime location in Johns Creek, Georgia, ensures high visibility and accessibility for customers. This is a rare opportunity to acquire a well-established, high-performing car wash with a strong tenant and a long-term lease. The property's financial performance and lease structure make it an attractive investment for discerning buyers seeking stable returns and appreciation potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,230,000
- ML approach
- $4,230,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alpharetta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.2305
- Latitude
- 34.0558
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,766
$385,960
$278,880
$664,840
-
$964,900
$697,200
$1,662,100
