692 Highway 515Blairsville, GA 30512

Property Details for 692 Highway 515

Year built

2017

Lot size

1.00 AC

Property size (Sq ft)

4,086 SF

Property type

Retail properties

Property subtype

Other car washes

APN

085 107

APU

85107

Description

This exceptional commercial property, located at 692 E Hwy 515 in Blairsville, Georgia, presents a lucrative investment opportunity. The 1-acre lot boasts a fully operational and highly successful car wash business with consistent positive cash flow for twelve consecutive years. The facility features two automatic drive-in car washes: a McNeil Tunnel and a PDQ Lazer 360, ensuring efficient and high-volume cleaning capabilities. In addition to the automatic washes, five self-serve bays cater to customers seeking a more hands-on experience. A covered car care area provides six vacuum stations for convenient detailing. The entire property and all equipment are well-maintained, contributing to the business's sustained success. Its prime location directly on Highway 515 guarantees exceptional visibility and accessibility, attracting a large customer base. This turnkey operation offers a rare chance to acquire a profitable, established business with a proven track record in a desirable location. The asking price is $2,999,000. This represents a significant opportunity for investors seeking a stable and high-return commercial venture. The property's size and location make it ideal for continued growth and expansion. The business's history of consistent profitability makes it an attractive investment with minimal risk.

• CAP approach

  CAP return

  Valuation

  6%

  $1,054,098

  6.5%

  $973,013

  7%

  $903,512

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,008,478

  Geo Method

  $2,008,478

• Alternative Use

  Use

  Valuation

  Residential

  $820,773

  Hospitality

  $751,824

  Educational

  $625,509

  Medical

  $647,021

  Retail

  $973,013

Location Insight

City

Blairsville

County

Union

State

Georgia

Latitude

34.8826

Longitude

-83.9494

Property Tax & Assessments

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