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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Car washes
261 Jonesboro Rd Mcdonough, GA 30253-3769
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0624058
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2023
Construction
WOOD
Total area
4,078 SF
Lot
0.97 ac (42,253 SF)
Zoning code
C2
APN
091G01001003
UPID
US22-0624058
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
-
FoamWorks Auto Spa of McDonough Car Wash
-
DEKRA Emission Check Vehicle Inspection Center
-
Car Wash Station Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
Foamworks Mcdonough LLC · 3 yrs held
Foamworks Mcdonough LLC
since 2022
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
C2 · Mcdonough, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$940,000
+12.0%
Commercial (general)
$930,000
+10.6%
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
$705,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$840,000
Current use
RETAIL STORES
$940,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$930,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $800k (Sep 30 2022)
Last sale anchor
$800k
Sep 30 2022
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
$191 / 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
$13,411
Tax year 2024
Assessed value
$347,200
Assessed 2024
Previous assessed
$347,200
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$202,840
Assessed improvement
$144,360
Land market value
$507,100
Improvement market value
$360,900
Total market value
$868,000
Applied tax rate
2.0000
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
2023
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
1
Bathrooms
1
Total area
4,078 SF
Lot
0.97 ac (42,253 SF)
Zoning code
C2
APN
091G01001003
UPID
US22-0624058
Jurisdiction
HENRY
Zoning & alternative use
C2 · Mcdonough, GA
Zoning C2 · permitted uses
C2 · 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
AUTO REPAIR, GARAGE Current
Est. value
$840,000
RETAIL STORES
Est. value
$940,000
COMMERCIAL (GENERAL)
Est. value
$930,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
2023
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Foamworks Mcdonough LLC
Entity
Mailing address
544 MULBERRY ST STE #1000, MACON, GA 31201-8263
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
$800,000
Foamworks Mcdonough LLC
Vishal 261 Jonesboro LLC
Warranty Deed
$3,319,760 · Capital City Bank
May 3, 2013
$234,000
Vishal 1 LLC
Colony Bk
Grant Deed
—
Mar 19, 2013
—
Colony Bk
J & Yt Ents LLC
Deed In Lieu Of Foreclosure
related
—
Aug 1, 2006
$800,000
J Yt Enterprises LLC
Community Capital Bank
Grant Deed
—
Aug 1, 2006
—
Georgia Department Of Transpor
Community Capital Bank
Grant Deed
related
—
Apr 4, 2006
—
Community Capital Bank
Car Wash Station 3 LLC
Grant Deed
related
—
—
—
Jyt Enterprises LLC
—
Deed Of Trust
related
—
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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