8589 GA Highway 16 W
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8589 GA Highway 16 W
3,673 SF Speciality Building Offered at £614,223 at a 10.19% Net Initial Yield 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
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 | £614,223 | Building Class | B |
| Price Per SF | £167 | Lot Size | 0.66 AC |
| Sale Type | Investment | Building Size | 3,673 SF |
| Net Initial Yield | 10.19% | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2004 |
| Property Subtype | Car Wash | Parking Ratio | 1.36/1,000 SF |
| Price | £614,223 |
| Price Per SF | £167 |
| Sale Type | Investment |
| Net Initial Yield | 10.19% |
| Property Type | Speciality |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.66 AC |
| Building Size | 3,673 SF |
| Number of Floors | 1 |
| Year Built | 2004 |
| Parking Ratio | 1.36/1,000 SF |
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | M04-008 | Improvements Assessment | £201,215 |
| Land Assessment | £29,577 | Total Assessment | £230,791 |
PROPERTY TAXES
Parcel Number
M04-008
Land Assessment
£29,577
Improvements Assessment
£201,215
Total Assessment
£230,791
zoning
| Zoning Code | Commerical (Commercial) |
| Commerical (Commercial) |
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8589 GA Highway 16 W
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