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Property profile & analytics

1559 Rome Hwy Cedartown, GA 30125-4402

  • Office Properties & Spaces
  • 3,888 SF
  • 1.44 lot acres
OFF-MARKET
Value Estimation
$4,130,000
Last Sale
Sep 08, 2022
$4,086,956
Location Intelligence
Property ID
US22-2788310
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.

Current Use by Public Records

  • Mach-1 Express Wash Cedartown / Car Wash

Property Details for 1559 Rome Hwy

Year built
2019
Lot size
1.44 lot acres
Property size
3,888 SF
Property type
Office Properties & Spaces
APN
029-002F
APU
029002F

Description

Exceptional investment opportunity: This thriving 3,888 square foot car wash, located at 1559 Rome Hwy, Cedartown, GA 30125, presents a compelling investment proposition. Built in 2019, the property boasts a 100% occupancy rate under a triple-net (NNN) lease with 17.9 years remaining until expiration (September 30, 2042). The lease commenced September 8, 2022, and includes annual rent bumps of 1.50%. The current asking price is $4,150,000, representing a 7.00% capitalization rate and a price per square foot of $1,067.39. The property generates a Net Operating Income (NOI) of $290,523. Situated on a 1.44-acre lot, the car wash benefits from excellent visibility and accessibility, with an estimated 18,000 vehicles passing daily. The property is conveniently located near a Walmart Supercenter and enjoys a prime location with no nearby national car wash competitors. Significant development is underway adjacent to the property. The lease includes four, five-year renewal options, providing long-term stability and growth potential. The property offers 20 parking spaces per unit and benefits from a corporate and personal guarantee.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $4,170,000
  • CAP approach

    CAP return
    Estimation
    6%
    $3,855,000
    6.5%
    $3,740,000
    7%
    $4,435,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $4,490,000
    Geo Method
    $4,065,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $4,515,000
    Retail
    $3,505,000
    Mixed-Use
    $3,380,000
    Hospitality
    $3,815,000
    Educational
    $3,485,000
    Residential Income
    $4,075,000
    Energy
    $4,415,000
    Income-Based Land
    $4,525,000
    Food Service
    $3,445,000

Location Insight

  • Map
  • Local Demand
City
Cedartown
County
Polk
State
Georgia
Longitude
-85.2371
Latitude
34.0453
CBSA code
16340
CBSA name
CEDARTOWN, GA MICROPOLITAN 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
$17,246
$229,786
$267,697
$497,483
-
$574,464
$669,242
$1,243,706
More about this property
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