Gainesville Auto Center For
950 McEver Road Gainesville, GA 30504
950 McEver Road, Gainesville, GA, 30504
$1,600,000
For Sale
$1,600,000
Well-established auto center with FF&E in a retail corridor.
Property Size4,295 SF
Price / SF$372.53
Days on Market113
Property Features for 950 McEver Road
General Information
- Standard status
- Active
- Size
- 4,295 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing agency
Bull Realty
(404) 876-1640
Listed by
Darrell Chapman · License #291870
Source
Tcnworldwide
Added: Apr 1 Updated: Jul 10 at 1:14PM Checked: Jul 21 at 4:43AM
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 Bull Realty
Investment Insights
Based on property information with market context.
This is a well-established tire and auto center located on McEver Road in Gainesville, GA. The property is situated in a dense retail corridor, across the street from a Publix-anchored shopping center, and in close proximity to The Home Depot, Best Buy, and Kohl's. The property is being sold with all improvements and FF&E in place, but no business value is included. The facility features approximately 4,295 square feet of space and includes FF&E for an owner/user. It has 3 drive-thru service bays and 1 car wash tunnel with upgraded equipment. A new survey is available. The tenants will vacate prior to closing, as the owner has been leasing the property and equipment on a month to month basis due to illness.
Key Highlights
- Well‑established auto center on high‑traffic McEver Road.
- Includes FF&E for owner/user.
- Recent appraisal valued at $3,000,000.
Local Financial Insights For Specialty Retail
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 | $90.2k | $21.00 |
| − Vacancy | −$6.8k | −$1.58 |
| EGI | $83.4k | $19.43 |
| − OpEx | −$20.9k | −$4.86 |
| NOI | $62.6k | $14.57 |
4,295 SF · lease $21.00/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$893.9K
$782.2K – $1.04M
NOI $62,573 @ 7.0% cap · market cap 3.91%
Second Best
Retail
$707.4K
$619.0K – $825.3K
NOI $49,517 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,197 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gainesville Car Wash ...
Car Wash
Lakeside Car Wash ...
Car Wash
Similar For Sale Nearby
Similar Off Market Nearby
- BUDGET TRUCK RENTAL — 1050 McEver Rd Suite C, Gainesville, GA 30504
- Tool & Truck Rental Center at The Home Depot — 924 Dawsonville Hwy, Gainesville, GA 30501
- Avis Car Rental — 1050 McEver Rd, Gainesville, GA 30504
FAQs
What type of property is this?
Automotive property - Well-established auto center with FF&E in a retail corridor.
Where is this automotive property located?
The property is located at 950 McEver Road Gainesville, GA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Well‑established auto center on high‑traffic McEver Road.; Includes FF&E for owner/user.; Recent appraisal valued at $3,000,000.
