Auto Body Repair Shop with Paint
For Sale
$650,000
1350 LaFayette Road, Rocky Face, GA 30740
Commercial Sale, ROCKY FACE, GA
Property Size11,800 SF
Lot Size5.00 Acres
Price / SF$55.08
Days on Market79
Property Features for 1350 LaFayette Road
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
27
Middle school district
27
High school district
27
Subdivision
3-Whitfield Co-NW
Standard status
Active
APN
27-230-02-000
Size
11,800 SF
Lot size
5.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
There will be a new survey to convey approx. 5 acres from the road to the creek, Cove Creek. It has approx. 350 feet of road frontage on Hwy 201 with an additional older building that faces the Hwy, could be used for resale, retail, or market, etc. if updated. Sellers are related to the Listing Agent.
Tax Annual Amount
2556
Legal Description
There will be a new survey to convey approx. 5 acres from the road to the creek, Cove Creek. It has approx. 350 feet of road frontage on Hwy 201 with an additional older building that faces the Hwy, could be used for resale, retail, or market, etc. if updated. Sellers are related to the Listing Agent.
Amenities
paint booth
offices
bathrooms
roll up doors
three phase power
heat pump
Modine heaters
pole shed
cargo containers
Building Details
Year built
1985
Floors in Building
1
Listing Agency:
Coldwell Banker Kinard Realty - Dalton · Coldwell Banker Real Estate
(706) 226-5182
Listed By:
Paula Pangle
(706) 463-9654
Added: Jun 19
Changed: Aug 19
Last Checked: Sep 5 at 12:06AM
MLS# 135840
Copyright © 2026 Carpet Capital Association of REALTORS®. 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 approximately 11,800-square-foot automotive facility occupies a single-level block building constructed in 1985. The property is configured for auto body repair and includes a custom down-draft paint booth, wash stall, two frame rack machines, a small oil-change lift, arc welders, and a Miller TIG welder. Modine heaters serve the shop, while a one-year-old heat pump supports the shop and office area. The building includes two offices and two bathrooms.
Vehicle access is supported by 13 roll-up doors, including 5 double-bay doors and 8 single doors. Twelve doors measure 8 feet in height, while one reaches 10 feet. The site also includes a large pole shed and 3 cargo containers positioned behind the shop for additional storage. The property encompasses 5 acres at 1350 LaFayette Road in Rocky Face, Georgia, with three-phase power serving the building.
Vehicle access is supported by 13 roll-up doors, including 5 double-bay doors and 8 single doors. Twelve doors measure 8 feet in height, while one reaches 10 feet. The site also includes a large pole shed and 3 cargo containers positioned behind the shop for additional storage. The property encompasses 5 acres at 1350 LaFayette Road in Rocky Face, Georgia, with three-phase power serving the building.
Key Highlights
- 11,800 square feet on 5 acres at 1350 LaFayette Road, Rocky Face, GA 30740
- Custom‑built down‑draft paint booth and wash stall
- Two frame rack machines, oil‑change lift, arc welders, and Miller TIG welder
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,983
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$939,660
$939.7K
Cap Rate 7%
$671,186
$671.2K
Cap Rate 9%
$522,033
$522.0K
Market Conditions
NOI Build-Up for 11,800 SF
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.
Gross rent
$70.8K $6.00/SF
− Vacancy
−$3.7K −$0.31/SF
EGI
$67.1K $5.69/SF
− OpEx
−$20.1K −$1.71/SF
NOI
$47.0K $3.98/SF
Area
Whitfield County, GA
Vacancy
5.20%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$939,660
Cap Rate 7%
$671,186
Cap Rate 9%
$522,033
Alternative Uses
Best Use
Retail
$1.08M
$941.0K – $1.25M
NOI $75,277 @ 7.0% cap · market cap 11.58%
Second Best
Industrial
$671.2K
$587.3K – $783.1K
NOI $46,983 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,903 @ 7.0% cap · market cap 20.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30740, GA
8,394
Population
3,356
Households
2.5
Avg Household Size
42
Median Age
25%
College-Educated
91%
High-School Grad
50.1 sq mi
ZIP Area
168
Density / Sq Mi
$88,665
Median Household Income
$39,397
Median Earnings
$727
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pete & Sons Body Shop — 1350 LaFayette Rd, Rocky Face, GA 30740
Frequently Asked Questions
What type of property is this?
Auto shop - Single-level automotive facility with specialized repair equipment, office space, storage improvements, and three-phase electrical service.
Where is this auto shop located?
The property is located at 1350 LaFayette Road Rocky Face, GA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 11,800 square feet on 5 acres at 1350 LaFayette Road, Rocky Face, GA 30740; Custom‑built down‑draft paint booth and wash stall; Two frame rack machines, oil‑change lift, arc welders, and Miller TIG welder
