930 Peachtree Pkwy Cumming, GA 30041-6823
Property profile & analytics
930 Peachtree Pkwy, Cumming, GA 30041-6823
- Car washes
- 5,572 SF
- 1.66 lot acres
Property ID
US22-3883089
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.
Location Intelligence
Current Use by Public Records
- Mister Car Wash / Car Wash
Property Details for 930 Peachtree Pkwy
- Year built
- 2016
- Lot size
- 1.66 lot acres
- Zone code
- CBD
- Property type
- Car washes
- APN
- 108 643
- APU
- 108643
Description
This exceptional investment opportunity presents a fee-simple Mister Car Wash located at 930 Peachtree Parkway, Cumming, GA 30041. The property boasts 5,687 square feet on a 1.66-acre lot, built in 2016. It's situated in a high-traffic area with excellent visibility, adjacent to major retailers including Kroger, Publix, CVS, and more, ensuring consistent customer flow. The property benefits from a strong demographic profile, with affluent households exceeding $164,000 average annual income within a 5-mile radius and a population exceeding 152,000 within the same area. The current lease is a 20-year Triple Net (NNN) agreement with a corporate guarantee, expiring September 30, 2039, leaving 15.1 years remaining. The annual net operating income (NOI) is $342,576, representing a 7.00% cap rate on the $4,893,943 asking price. The lease includes annual rent increases of 1.50%, providing consistent growth potential. This is a rare opportunity to acquire a well-established, high-performing car wash in a prime location with significant long-term value. The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio. The Forsyth County location offers a robust consumer car wash market, further enhancing the investment's appeal.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.1736
- Latitude
- 34.1396
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN 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
2024
$14,021
$394,416
$177,376
$571,792
-
$986,040
$443,440
$1,429,480
