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8589 GA Highway 16 W

3,673 SF Specialty Building Offered at $1,112,714 CAD at a 10.19% Cap Rate in Monticello, GA 31064

Investment Highlights

  • Located west of Downtown Monticello
  • 6,910± Average VPD (2022 GDOT)
  • Adjacent to Jasper Engines
  • Price Improvement

Executive Summary

PROPERTY HIGHLIGHTS
3,673± SF Car Wash
Six (6) bays
Four (4) self-serve
Two (2) automatic
Four (4) vacuums
Kooler Ice Machine included providing extra income
0.66± Acres
263.6’± Frontage on Highway 16
Built in 2004
All utilities serve the site
Zoned Commercial
Property Tax Bill: $4,000±
6,910± Average VPD (2022 GDOT)
Neighbors: Jack’s Fast Food, Circle K, Ingle’s Market, Farmer’s Furniture, Town-N-Country Farm & Pet Supply, Piedmont Academy, Jasper County Schools

Property Facts

Price $1,112,714 CAD
Price Per SF $303 CAD
Sale Type Investment
Cap Rate 10.19%
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 0.66 AC
Building Size 3,673 SF
No. Stories 1
Year Built 2004
Parking Ratio 1.36/1,000 SF

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M04-008
Land Assessment
$52,949 CAD
Improvements Assessment
$360,222 CAD
Total Assessment
$413,171 CAD

zoning

Zoning Code Commerical (Commercial)
Commerical (Commercial)
  • Listing ID: 30679932

  • Date on Market: 2024-01-17

  • Last Updated:

  • Address: 8589 GA Highway 16 W, Monticello, GA 31064

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