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Property profile & analytics
OFF-MARKET
Car washes

2946 Riverside Dr Macon, GA 31204-1244

3,614 SF 0.98 ac lot Built 2005
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-2319715
Property summary
AI-generated overview

This exceptional car wash facility in Macon, Georgia, presents a lucrative investment opportunity. The 3,614 square foot property, built in 2005 and situated on a one-acre lot in a high-traffic area (24,500+ VPD in 2022), boasts a 1,995 square foot automatic car wash featuring recently updated equipment (June/July 2021). This includes a new 115-foot conveyor, tunnel controller, pay station, and pay hut from ICS, a leading provider of car wash technology. The facility also includes a 1,008 square foot self-service vacuum area with 15 high-powered Vacutech vacuums and a new canopy (June/July 2021). A 611 square foot office space was freshly painted in April 2023. The property features a large electric pylon sign for excellent visibility. Water reclaim tanks were pumped out in April 2023. The property is zoned C-4 and has a 2023 property tax bill of $11,253.72. This turnkey operation offers significant potential for continued growth and profitability. The asking price is $1,800,000, with a price per square foot of $498.06.

Property profile
Verified
Property type Car washes
Use group CAR WASH - AUTOMATED
Year built 2005
Total area 3,614 SF
Lot 0.98 ac (42,689 SF)
Zoning code C-4
APN O051-0232
UPID US22-2319715
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
  • Mako Bay of Riverside Car Wash
  • SpeedWash Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wateroak Village Apartments INC · 1 yrs held
Wateroak Village Apartments INC
since 2024
5 recorded transactions
2024
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-4 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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