Automotive Property with Service
For Sale
$3,950,000
2210 Washington Road, Thomson, GA 30824
Commercial Sale, Thomson, GA
Property Size18,000 SF
Lot Size8.66 Acres
Price / SF$219.44
Days on Market174
Property Features for 2210 Washington Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C4
Parking features
Parking Lot
Subdivision
Not In Subdivision
Lot features
Level
Directions
West bound From 1-20, take exit 172 Thomson Ga, Property will be down on right
Standard status
Active
APN
00400008
Size
18,000 SF
Lot size
8.66 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
00400008
Tax Annual Amount
15177
Legal Description
00400008
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Amenities
billboard
wet bar
full bath
kitchen area
Building Details
Year built
1997
Number of units
2
Roof type
Metal, Composition, Concrete
Listing Agency:
DeFoor Realty
(706) 825-9501
Listed By:
John DeFoor · License #175748
(706) 799-9558
Added: Mar 12
Changed: Aug 20
Last Checked: Sep 1 at 10:06AM
MLS# 98254793
Copyright © 2026 Hive MLS. 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.
Located at 2210 Washington Road in Thomson, Georgia, this C4-zoned automotive property encompasses approximately 8.66 acres with two existing commercial buildings. The larger building contains approximately 10,674 square feet, including a showroom, shop area, 12 work bays, multiple offices, cubicles, cashier offices, public restrooms, storage, and an upstairs executive office with a wet bar and full bath. The second building provides approximately 7,490 square feet with showroom, office, kitchen, cashier, restroom, and shop components, including six work bays.
The property is positioned just off Interstate 20 with access from Washington Road and includes a billboard. Public water and public sewer serve the site, while parking is provided by an on-site lot. Both buildings were constructed in 1997 and feature metal, composition, and concrete roofing.
The property is positioned just off Interstate 20 with access from Washington Road and includes a billboard. Public water and public sewer serve the site, while parking is provided by an on-site lot. Both buildings were constructed in 1997 and feature metal, composition, and concrete roofing.
Key Highlights
- Approximately 8.66 acres at 2210 Washington Road, Thomson, GA 30824
- Building 1: 10,674+/- Sq Ft on 5 Acres with 12 work bays
- Building 2: 7,490+/- Sq Ft on 3.67 Acres with 6 work bays
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
$200,518
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
5.08%
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%
$4,010,360
$4.0M
Cap Rate 7%
$2,864,543
$2.9M
Cap Rate 9%
$2,227,978
$2.2M
Market Conditions
NOI Build-Up for 18,000 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
$298.1K $16.56/SF
− Vacancy
−$11.6K −$0.65/SF
EGI
$286.5K $15.91/SF
− OpEx
−$85.9K −$4.77/SF
NOI
$200.5K $11.14/SF
Area
McDuffie County, GA
Vacancy
3.90%
Lease Rate
$16.56 /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%
$4,010,360
Cap Rate 7%
$2,864,543
Cap Rate 9%
$2,227,978
Alternative Uses
Best Use
Retail
$2.86M
$2.51M – $3.34M
NOI $200,518 @ 7.0% cap · market cap 5.08%
Second Best
Industrial
$1.62M
$1.42M – $1.89M
NOI $113,321 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$5.68M
$4.97M – $6.63M
NOI $397,706 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30824, GA
16,832
Population
7,548
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
191.7 sq mi
ZIP Area
88
Density / Sq Mi
$54,214
Median Household Income
$35,804
Median Earnings
$810
Median Rent
$158,500
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
- U-Haul Neighborhood Dealer — 1840 Dallas Dr, Thomson, GA 30824
- U-Haul Neighborhood Dealer — 2090 Washington Rd, Thomson, GA 30824
- Enterprise Rent-A-Car — 2158 Washington Rd, Thomson, GA 30824
Frequently Asked Questions
What type of property is this?
Automotive property - Two commercial buildings provide showroom, office, and automotive service space within a C4-zoned property.
Where is this automotive property located?
The property is located at 2210 Washington Road Thomson, GA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Approximately 8.66 acres at 2210 Washington Road, Thomson, GA 30824; Building 1: 10,674+/- Sq Ft on 5 Acres with 12 work bays; Building 2: 7,490+/- Sq Ft on 3.67 Acres with 6 work bays
