Technical
Financial
Distress signals
Property profile

1725 Lexington Rd Athens, GA 30605

OFF-MARKET
Car washes
Property ID
US22-1007769
3,609 SF 1.59 ac lot Built 2005
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity in Athens, GA, presents a thriving six-bay car wash business situated on a prime 1.59-acre lot at 1725 Lexington Road. The property boasts a consistently high volume of customers, thanks to its excellent location and visibility. The car wash is fully equipped and includes convenient vacuum stations for added customer convenience and revenue generation. Adding to the investment potential is a separate, freestanding building encompassing 1,560 square feet. This building is currently leased, providing a reliable stream of passive income. The combined income from the car wash and rental property offers a significant return on investment. This is a turnkey operation, ideal for an investor seeking a profitable and established business with immediate cash flow. The property's size and location offer potential for future expansion or development, further enhancing its long-term value. The substantial lot size provides ample space for potential upgrades or additions to both the car wash and the rental building. This is a rare opportunity to acquire a well-established, high-performing business with significant upside potential in a desirable Athens location. Financial details are available upon request. Serious inquiries only.

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 2005
Total area 3,609 SF
Lot 1.59 ac (69,260 SF)
Zoning code C-G
APN 17-2-D -013-C
UPID US22-1007769

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Car Wash

Location

1725 Lexington Rd Athens, GA 30605-2329
Athens metro Census 140500 ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2018
5 recorded transactions
2019
Price N/A
2018
Price N/A
2012
$200,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-G · Athens, GA
Zoning description

This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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