529 Tripp StAmericus, GA 31709

Property Details for 529 Tripp St

Year built

2007

Construction

CONCRETE

Lot size

0.66 AC

Property size (Sq ft)

1,440 SF

Zone code

1

Property type

Car washes

APN

37 2 2

APU

3722

Description

This exceptional investment opportunity presents a thriving car wash business in Americus, Georgia. Located at 529 Tripp St, this property boasts two buildings totaling 1,440 square feet, constructed in 2007. The main building houses a touchless car wash, estimated to service 16,000 vehicles annually, and includes two vacuum systems. A secondary building, currently occupied by a detail car wash operating on a 50/50 revenue-sharing agreement, offers significant expansion potential. This building provides approximately 30x40 feet of storage space, plus two bays with roll-up doors suitable for car lifts. The property also features a small office. Three years of tax returns are available for qualified buyers, along with access to the current owner's accountant. The asking price is $289,900, representing $201.32 per square foot. This turnkey operation presents a unique chance to acquire a profitable business with substantial growth opportunities, including the possibility of developing additional rental units. The property's prime location on Tripp Street ensures high visibility and consistent customer traffic. This is a rare opportunity to own the only touchless car wash in Americus.

• CAP approach

  CAP return

  Valuation

  6%

  $213,808

  6.5%

  $197,361

  7%

  $183,264

• Comparable approach

  Method

  Valuation

  Relative Method

  $257,971

  Geo Method

  $257,971

• Alternative Use

  Use

  Valuation

  Residential

  $166,482

  Hospitality

  $152,496

  Educational

  $126,875

  Medical

  $131,239

  Retail

  $197,361

Location Insight

City

Americus

County

Sumter

State

Georgia

Latitude

32.0657

Longitude

-84.2182

CBSA code

11140

CBSA name

AMERICUS, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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