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Property profile & analytics
OFF-MARKET
Estimated value
$3,870,000
Car washes
1460 Jonesboro Rd Mcdonough, GA 30253-6098
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-4007725
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,427 SF
Lot
1.42 ac (61,855 SF)
Zoning code
C3
APN
073-01003002
UPID
US22-4007725
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
-
Take 5 Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.87M
Owner & transaction history
Net Lease Suds III LLC · 1 yrs held
Net Lease Suds III LLC
since 2024
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
C3 · Mcdonough, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+221.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mcdonough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcdonough submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,870,000
ML approach
$3,870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,255,000
Change: +221% · Conversion: Difficult
Blend value · Realmo final
$3.87M
Range $3.48M – $4.26M · ±10% · vs last sale $3.87M (Aug 29 2024)
Last sale anchor
$3.87M
Aug 29 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$602 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$21,833
Tax year 2024
Assessed value
$539,480
Assessed 2024
Previous assessed
$539,480
+0.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$346,400
Assessed improvement
$193,080
Land market value
$866,000
Improvement market value
$482,700
Total market value
$1,348,700
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
NONE
Units
1
Bathrooms
2
Total area
6,427 SF
Lot
1.42 ac (61,855 SF)
Zoning code
C3
APN
073-01003002
UPID
US22-4007725
Jurisdiction
HENRY
Zoning & alternative use
C3 · Mcdonough, GA
Zoning C3 · permitted uses
C3 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcdonough. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.3M
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Units
1
Bathrooms
2
Lot
1.42 ac
Current owner
From public records · entity-resolved
Net Lease Suds III LLC
Entity
Mailing address
1460 JONESBORO RD, MCDONOUGH, GA 30253-6098
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
$3,870,000
Net Lease Suds III LLC
Boing Us Holdco INC
Warranty Deed
$751,000 · Wells Fargo
Aug 17, 2021
$6,000,000
Boing Us Holdco INC
Jonesboro Cw LLC
Warranty Deed
—
Dec 4, 2019
—
Jonesboro Cw LLC
—
Trustees Deed
related
$1,606,500 · United Cmnty Bk
Jun 27, 2018
—
Jonesboro Cw LLC
—
Trustees Deed
related
$452,601 · United Cmnty Bk
Jun 15, 2018
—
Jonesboro Cw LLC
—
Trustees Deed
related
$452,601 · United Cmnty Bk
Feb 14, 2018
$1,020,000
Jonesboro Cw LLC
Davis Brothers INC
Grant Deed
$450,000 · Phipps Real Estate Hldgs LLC
—
—
Jonesboro Cw LLC
—
Deed Of Trust
related
$2,295,000 · United Cmnty Bk
—
—
Jonesboro Cw LLC
—
Deed Of Trust
related
$1,606,500 · United Cmnty Bk
—
—
Jonesboro Cw LLC
—
Deed Of Trust
related
$1,654,000 · Private Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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