105 Thomas Field RdMilledgeville, GA 31061

Property Details for 105 Thomas Field Rd

Year built

1986

Construction

CONCRETE

Lot size

0.44 AC

Property size (Sq ft)

1,896 SF

Zone code

RESIDENTIAL

Property type

Retail properties

Property subtype

Self service car washes

APN

M07 089

APU

M07089

Description

This exceptional commercial property at 105 Thomas Field Road SE, Milledgeville, Georgia, presents a lucrative investment opportunity. The 1,896 square foot car wash facility boasts four spacious bays, one currently utilized for efficient storage of supplies. Its strategic location maximizes visibility and foot traffic, situated adjacent to a convenience store and gas station, with a Dollar General store just a short distance away. The property's proximity to the Fall Line Freeway and Highway 441 ensures easy access for customers. This high-traffic area guarantees a consistent stream of potential clients, making it an ideal addition to any investment portfolio. The property sits on a 0.44-acre lot. A significant advantage of this offering is the inclusion of a mobile home located at 2604 Irwinton Road, adding further value to the acquisition. The well-maintained car wash is ready for immediate operation, offering a turnkey solution for a prospective buyer. The asking price for this complete package is $155,000. This presents a rare opportunity to acquire a profitable, established business in a prime commercial location. Don't miss out on this chance to expand your holdings with a proven, successful enterprise.

• CAP approach

  CAP return

  Valuation

  6%

  $598,852

  6.5%

  $552,786

  7%

  $513,301

• Comparable approach

  Method

  Valuation

  Relative Method

  $931,981

  Geo Method

  $931,981

• Alternative Use

  Use

  Valuation

  Residential

  $466,296

  Hospitality

  $427,124

  Educational

  $355,362

  Medical

  $367,584

  Retail

  $552,786

Location Insight

City

Milledgeville

County

Baldwin

State

Georgia

Latitude

33.0391

Longitude

-83.2342

CBSA code

33300

CBSA name

MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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