Automotive Repair and Towing
1348 Meriwether Street Griffin, GA 30224
For Sale
$480,000
Pending
COMMERCIAL - Griffin, GA
Property Size4,180 SF
Lot Size0.58 Acres
Days on Market405
Property Features for 1348 Meriwether Street
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Chain Link, Privacy
Standard status
Pending
APN
049 01002B
Size
4,180 SF
Lot size
0.58 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2841
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1991
Flooring type
Concrete
Building materials
Block
Roof type
Metal
Listing Agency:
McLeRoy Realty
(770) 567-3030
Listed By:
Nathan D Mullins · License #373819
(770) 468-0768
Added: Jun 19, 2025
Changed: Jul 28
Last Checked: Jul 28 at 9:06AM
MLS# 10548218
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This automotive repair and towing facility is currently operating as a towing and collision company and includes a functional shop layout designed for day-to-day work. The property features two offices, a large garage, and a secure gated lot for vehicle storage. Shop equipment included with the sale consists of two car lifts, a paint booth, an air compressor, a garage heater, and a metal car shed.
The property is located at 1348 Meriwether Street in Griffin, GA 30224, along one of Griffin’s busiest roads. The roof is noted as newer, and the septic system was serviced less than a year ago.
In addition to the physical property, the business operating at the site may be available for purchase, subject to additional information provided upon request.
The property is located at 1348 Meriwether Street in Griffin, GA 30224, along one of Griffin’s busiest roads. The roof is noted as newer, and the septic system was serviced less than a year ago.
In addition to the physical property, the business operating at the site may be available for purchase, subject to additional information provided upon request.
Key Highlights
- Commercial property used for towing and collision business, with two offices and a large garage
- Secure gated lot for vehicle storage plus a metal car shed
- Includes two car lifts, paint booth, and an air compressor
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.6k | $9.48 |
| − Vacancy | −$3.2k | −$0.78 |
| EGI | $36.4k | $8.70 |
| − OpEx | −$10.9k | −$2.61 |
| NOI | $25.5k | $6.09 |
4,180 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$839.9K
$734.9K – $979.9K
NOI $58,793 @ 7.0% cap · market cap 12.25%
Second Best
Industrial
$363.8K
$318.3K – $424.4K
NOI $25,464 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,162 @ 7.0% cap · market cap 17.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- SHARK DIESEL — 1145 Uniform Rd, Griffin, GA 30224
- Gills's Garage — 1516 Williamson Zebulon Rd, Griffin, GA 30224
- Shark Logistics — 1145 Uniform Rd, Griffin, GA 30224
- Formula Truck Repair & Service — 1523 Kell Ln Suite 3, Griffin, GA 30224
- Shark Logstics — 1145 Uniform Rd, Griffin, GA 30224
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive facility with two offices, large garage, secure gated vehicle lot, and multiple shop lifts and equipment.
Where is this auto shop located?
The property is located at 1348 Meriwether Street Griffin, GA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Commercial property used for towing and collision business, with two offices and a large garage; Secure gated lot for vehicle storage plus a metal car shed; Includes two car lifts, paint booth, and an air compressor
