625 Rowland Dr Moultrie, GA 31768
- Car washes
- 2,700 SF
- 0.88 lot acres
Jul 14, 2021
Current Use by Public Records
- At The Car Wash Express Moultrie / Car Wash
Property Details for 625 Rowland Dr
- Year built
- 2022
- Lot size
- 0.88 lot acres
- Property size
- 2,700 SF
- Property type
- Car washes
- APN
- M048B 043
- APU
- M048B043
Description
Exceptional investment opportunity: a portfolio of nine established car washes strategically located throughout southern Georgia, primarily along the I-75 corridor. This turnkey operation boasts a total of 27 self-service bays and 6 automatic bays, generating a substantial net operating income (NOI) of $495,761 and a compelling 10.12% capitalization rate. The asking price is $4,900,000. Eight of the nine sites were constructed between the late 1980s and early 2000s, complemented by a newer location that opened in January 2023. Each property is zoned C3 - Commercial, offering considerable flexibility for future development or expansion. The portfolio benefits from high traffic counts, averaging approximately 94,360 vehicles per day (VPD), and enjoys an average parcel size of 0.54 acres, with one additional 0.91-acre site ready for development. This presents a rare opportunity to acquire a well-established, high-performing business with significant growth potential in a desirable market. The properties are located in Moultrie, Camilla, Albany (two locations), Tifton, Nashville, Adel (two locations), and Hahira, Georgia. Detailed financial information and site-specific data are available upon request.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Moultrie
- County
- Colquitt
- State
- Georgia
- Longitude
- -83.7672
- Latitude
- 31.1921
- CBSA code
- 34220
- CBSA name
- MOULTRIE, GA MICROPOLITAN STATISTICAL AREA
