Decatur Commercial Property with
For Sale
$700,000
5344 Covington Highway, Decatur, GA 30035
COMMERCIAL - Decatur, GA
Property Size10,308 SF
Lot Size0.51 Acres
Price / SF$67.91
Days on Market146
Property Features for 5344 Covington Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Parking
6
Parking features
Parking Lot
Security features
Security Lighting
Interior features
High Ceilings 10 or Greater, Reception Area, Restrooms
Fencing
Privacy, Barbed Wire, Fenced
Lot features
Free Standing, Level, Private
View
City
Directions
GPS FRIENDLY
Standard status
Active
APN
15 161 01 010
Size
10,308 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
19028
Utilities
Utilities
Cable Available
Heating system
Central, Natural Gas, Electric (Heating)
Cooling system
Ceiling Fan(s), Electric, Gas (Cooling), Exhaust Fan (Cooling)
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Building materials
Brick 3 Sides, Brick Front, Metal Siding
Roof type
Metal, Asphalt
Listing Agency:
HomeSmart · HomeSmart International
(404) 876-4901
Listed By:
Basil Ibenyenwa · License #173929
(404) 876-4901
Added: Mar 6
Changed: Jul 28
Last Checked: Jul 30 at 5:06PM
MLS# 7730492
Copyright © 2026 First Multiple Listing Service, Inc. 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 commercial property in Decatur, GA, features a brick yellow building currently operating as a business with multiple income streams. The sale includes the land, building, and existing business, along with tire inventory, mechanic equipment, new and used tires, alignment tools, brake change tools, tune-up equipment, struts and shocks, diagnostic tools, and engine and transmission repair equipment, providing complete auto service and repairs. The business also functions as an authorized U-Haul dealership and leasing location. The property includes a warehouse building at the back and a large backyard, presenting opportunities for business expansion. Located on Covington Highway, the property benefits from heavy traffic. The property size is 10308 square feet and the lot size is 0.51 acres. The zoning is C2.
Key Highlights
- Established auto service business with diverse income streams.
- Includes real estate (building and land) with significant price reduction from $900,000 to $700,000.
- Extensive inventory of new and used tires, mechanic equipment, and tools included.
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 | $97.7k | $9.48 |
| − Vacancy | −$8.0k | −$0.78 |
| EGI | $89.7k | $8.70 |
| − OpEx | −$26.9k | −$2.61 |
| NOI | $62.8k | $6.09 |
10,308 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.07M
$1.81M – $2.42M
NOI $144,986 @ 7.0% cap · market cap 20.71%
Second Best
Industrial
$897.1K
$784.9K – $1.05M
NOI $62,795 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,704 @ 7.0% cap · market cap 28.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30035, GA
22,671
Population
8,731
Households
2.6
Avg Household Size
36
Median Age
26%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
2,667
Density / Sq Mi
$65,733
Median Household Income
$34,246
Median Earnings
$1,522
Median Rent
$217,100
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
- ATL Fleet Services — 2079 S Hairston Rd Suite A #1184, Decatur, GA 30035
- JB Automotive Collision Center inc. — 5697 Covington Hwy, Decatur, GA 30035
- MCS Towing LLC — 2222 Waters Run, Decatur, GA 30035
- Patrick’s Tow — 2177 tudor castle dr, decatur, ga 30035
- Mr. Transmission — 5727 Covington Hwy, Decatur, GA 30035
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial property with established auto repair business and U-Haul dealership.
Where is this auto shop located?
The property is located at 5344 Covington Highway Decatur, GA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Established auto service business with diverse income streams.; Includes real estate (building and land) with significant price reduction from $900,000 to $700,000.; Extensive inventory of new and used tires, mechanic equipment, and tools included.
