Automotive Repair Shop with Truck
For Sale
Contact for pricing
13231 Veterans Memorial Hwy, Douglasville, GA 30134
Automotive repair shop featuring three truck bays, including a pass-through bay, plus a secure fenced back lot.
Property Size3,100 SF
Price / SF$257.74
Days on Market204
Property Features for 13231 Veterans Memorial Hwy
General Information
Standard status
Active
Size
3,100 SF
Property subtype
Industrial
Zoning
LI
Additional Details
Fenced Yard
Yes
Service Bays
3
Listing Agency:
Elevate Care Email Format
Listed By:
Rob Thomas, CCIM · License #GA 385531
Source:
Crexi
Added: Feb 13
Changed: Aug 26
Last Checked: Sep 2 at 2:45AM
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 Elevate Care Email Format
Investment Insights
Based on property information with market context.
This automotive repair shop is set up for truck and vehicle service with three truck bays, including one pass-through bay. The building also includes a secure, fenced-in back lot that can support storage or additional work areas. The property is described as a light industrial facility and is available for lease or purchase.
The property is located at 13231 Veterans Memorial Hwy in Douglasville, Georgia, within Douglas County. With Light Industrial zoning, it is positioned for automotive repair businesses or related industrial uses.
The key improvements and layout support service operations with multiple bays and a dedicated fenced area for materials, vehicles, or equipment in the rear.
The property is located at 13231 Veterans Memorial Hwy in Douglasville, Georgia, within Douglas County. With Light Industrial zoning, it is positioned for automotive repair businesses or related industrial uses.
The key improvements and layout support service operations with multiple bays and a dedicated fenced area for materials, vehicles, or equipment in the rear.
Key Highlights
- Light Industrial zoning for an automotive repair or related business use
- 3 truck bays, including 1 pass‑through bay
- Spacious 3,200 sq. ft. building designed for truck and vehicle repair
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
$43,603
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
5.46%
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%
$872,060
$872.1K
Cap Rate 7%
$622,900
$622.9K
Cap Rate 9%
$484,478
$484.5K
Market Conditions
NOI Build-Up for 3,100 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
$68.1K $21.96/SF
− Vacancy
−$5.8K −$1.87/SF
EGI
$62.3K $20.09/SF
− OpEx
−$18.7K −$6.03/SF
NOI
$43.6K $14.07/SF
Area
Douglas 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 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%
$872,060
Cap Rate 7%
$622,900
Cap Rate 9%
$484,478
Alternative Uses
Best Use
Retail
$622.9K
$545.0K – $726.7K
NOI $43,603 @ 7.0% cap · market cap 5.46%
Second Best
Industrial
$269.8K
$236.1K – $314.8K
NOI $18,885 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$866.6K
$758.3K – $1.01M
NOI $60,660 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30134, GA
46,874
Population
17,233
Households
2.7
Avg Household Size
35
Median Age
25%
College-Educated
90%
High-School Grad
52.1 sq mi
ZIP Area
900
Density / Sq Mi
$73,699
Median Household Income
$40,753
Median Earnings
$1,272
Median Rent
$244,500
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.
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive repair shop featuring three truck bays, including a pass-through bay, plus a secure fenced back lot.
Where is this auto shop located?
The property is located at 13231 Veterans Memorial Hwy Douglasville, GA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Light Industrial zoning for an automotive repair or related business use; 3 truck bays, including 1 pass‑through bay; Spacious 3,200 sq. ft. building designed for truck and vehicle repair
