Automotive Shop Property For
For Sale
Contact for pricing
1200 Central Avenue, Atlanta, GA 30344
Automotive-focused commercial property available for sale in Fulton County, suitable for a range of service-oriented tenants.
Property Size5,332 SF
Price / SF$93.77
Days on Market93
Property Features for 1200 Central Avenue
General Information
Standard status
Active
Size
5,332 SF
Total Parking Spaces
25
Property subtype
Industrial, Retail, Office
Zoning
I1
Building Details
Year Built
1954
Buildings
1
Listing Agency:
Engel & Volkers Atlanta
Listed By:
Tamie Pettaway · License #252740
(404) 845-7724
Source:
Crexi
Added: Jun 11
Changed: Sep 8
Last Checked: Sep 11 at 4:33AM
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 Engel & Volkers Atlanta
Investment Insights
Based on property information with market context.
This for-sale commercial property is categorized for automotive and auto shop use, fitting well for operators seeking an automotive-oriented facility. The asset is presented under multiple related commercial property types, indicating it is intended to support service and retail-adjacent activities tied to the automotive sector.
The property is located at 1200 Central AVE in Atlanta, Georgia 30344, within Fulton County. Directions are provided for GPS-based navigation, which can be helpful for confirming the approach and arrival point.
Given the stated property types, the site may be a practical match for businesses looking for an auto shop environment and the day-to-day needs of an automotive services operation. Interested buyers and tenants should review the property details directly during due diligence to confirm the specific layout and any site improvements required for their intended use. Because no additional configuration, size, or condition details are provided here, bidders should validate all build-out and operational considerations as part of their normal inspection and underwriting process.
The property is located at 1200 Central AVE in Atlanta, Georgia 30344, within Fulton County. Directions are provided for GPS-based navigation, which can be helpful for confirming the approach and arrival point.
Given the stated property types, the site may be a practical match for businesses looking for an auto shop environment and the day-to-day needs of an automotive services operation. Interested buyers and tenants should review the property details directly during due diligence to confirm the specific layout and any site improvements required for their intended use. Because no additional configuration, size, or condition details are provided here, bidders should validate all build-out and operational considerations as part of their normal inspection and underwriting process.
Key Highlights
- Automotive‑focused commercial property for sale in Fulton County
- Year built: 1954
- On‑site parking lot provided
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
$30,789
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
6.16%
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%
$615,780
$615.8K
Cap Rate 7%
$439,843
$439.8K
Cap Rate 9%
$342,100
$342.1K
Market Conditions
NOI Build-Up for 5,332 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
$48.2K $9.04/SF
− Vacancy
−$4.2K −$0.79/SF
EGI
$44.0K $8.25/SF
− OpEx
−$13.2K −$2.47/SF
NOI
$30.8K $5.77/SF
Area
Atlanta, GA
Vacancy
8.75%
Lease Rate
$9.04 /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%
$615,780
Cap Rate 7%
$439,843
Cap Rate 9%
$342,100
Alternative Uses
Best Use
Retail
$887.8K
$776.8K – $1.04M
NOI $62,144 @ 7.0% cap · market cap 12.43%
Second Best
Industrial
$439.8K
$384.9K – $513.2K
NOI $30,789 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,335 @ 7.0% cap · market cap 20.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30344, GA
35,365
Population
17,586
Households
2
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
2,923
Density / Sq Mi
$59,647
Median Household Income
$42,108
Median Earnings
$1,315
Median Rent
$240,700
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 Atlanta, GA
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Frequently Asked Questions
What type of property is this?
Auto shop - Automotive-focused commercial property available for sale in Fulton County, suitable for a range of service-oriented tenants.
Where is this auto shop located?
The property is located at 1200 Central Avenue Atlanta, GA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Automotive‑focused commercial property for sale in Fulton County; Year built: 1954; On‑site parking lot provided
