Automotive Shop with Paint
For Sale
$1,675,000
1108 Anne Street, Griffin, GA 30224
Established restoration and restomod facility with service bays, secured parking, office space, and equipment included.
Property Size1,973 SF
Price / SF$192.93
Days on Market95
Property Features for 1108 Anne Street
General Information
Standard status
Active
Size
1,973 SF
Property subtype
Commercial
Amenities
1 acre, Level
Metal
Chain Link
Public Sewer
Parcel Number: 047 01011E, Annual Amount: $2,610.06, Year: 24
Concrete
Central Air, Fans
Central, Propane
Listing ID: 10815290, Standard Status: Active, MLS Status: Active, On market as of 2026-07-30, 93 days on market
Parking Lot
Built in 1973
County/Parish: Spalding
Resale, Other structures: Garage(s)
Cable Available, Electricity Available, High Speed Internet, Propane, Sewer Available, Water Available, Water Source: Public
Close Of Escrow
Building Security
Building Details
Building Size
1,973 SF
Year Built
1973
Listing Agency:
Self Property Advisors
(678) 272-7087
Listed By:
Caitlyn Tittle · License #447842
(678) 544-2602
Source:
Blackstreaminternational
Added: Jul 30
Changed: Nov 1
Last Checked: Nov 1 at 4:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Self Property Advisors
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Investment Insights
Based on property information with market context.
This automotive property combines an operating restoration and restomod business with its underlying real estate, fixtures, and equipment. The 8,682-square-foot facility sits on 1 acre and includes multiple service bays, a paint booth, office and reception areas, and secured parking. The property was built in 1973.
Located at 1108 Anne Street in Griffin, Georgia, the site provides a dedicated setting for automotive service and specialty vehicle work. The offering includes the business, building, land, equipment, fixtures, and other business assets as described.
Located at 1108 Anne Street in Griffin, Georgia, the site provides a dedicated setting for automotive service and specialty vehicle work. The offering includes the business, building, land, equipment, fixtures, and other business assets as described.
Key Highlights
- 8,682‑square‑foot automotive facility on 1 acre
- Established restoration and restomod business included
- Multiple service bays support automotive operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,116
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,442,320
$2.4M
Cap Rate 7%
$1,744,514
$1.7M
Cap Rate 9%
$1,356,844
$1.4M
Market Conditions
NOI Build-Up for 8,682 SF
Gross rent
$190.7K $21.96/SF
− Vacancy
−$16.2K −$1.87/SF
EGI
$174.5K $20.09/SF
− OpEx
−$52.3K −$6.03/SF
NOI
$122.1K $14.07/SF
Area
Spalding County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,442,320
Cap Rate 7%
$1,744,514
Cap Rate 9%
$1,356,844
Alternative Uses
Best Use
Retail
$1.74M
$1.53M – $2.04M
NOI $122,116 @ 7.0% cap · market cap 7.29%
Second Best
Industrial
$755.6K
$661.1K – $881.5K
NOI $52,889 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$2.44M
$2.13M – $2.84M
NOI $170,653 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Texaco
Shops & Services
1,952 visits/mo
0.2 miles
Demographics for 30224, GA
26,696
Population
11,457
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
88%
High-School Grad
67.7 sq mi
ZIP Area
394
Density / Sq Mi
$70,134
Median Household Income
$39,667
Median Earnings
$1,105
Median Rent
$210,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Pro Dent Repair Mobile Auto Dent Removal — 1516 Kalamazoo Dr #18G, Griffin, GA 30224
- P & D Enterprises — 1521 Industrial Dr, Griffin, GA 30224
- Wade Tractor & Equipment Inc — 1218 Enterprise Way, Griffin, GA 30224
- Gills's Garage — 1516 Williamson Zebulon Rd, Griffin, GA 30224
- SHARK DIESEL — 1145 Uniform Rd, Griffin, GA 30224
Frequently Asked Questions
What type of property is this?
Auto shop - Established restoration and restomod facility with service bays, secured parking, office space, and equipment included.
Where is this auto shop located?
The property is located at 1108 Anne Street Griffin, GA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 8,682‑square‑foot automotive facility on 1 acre; Established restoration and restomod business included; Multiple service bays support automotive operations
