Commercial Auto Repair
New
For Sale
$280,000
19 Serena Street, Cartersville, GA 30120
Currently operating as a garage car repair business with commercial zoning.
Property Size1,980 SF
Days on Market6
Property Features for 19 Serena Street
General Information
Standard status
Active
Size
1,980 SF
Property subtype
Other
Amenities
0.15 acres, Level
Metal
Public Sewer
Annual Amount: $822, Year: 2025
Cumulative Days on Market: 2, 2 days on market, On Market Date: 2026-08-05
Parking Total: 15, Paved
Built in 1980, Aluminum Siding, Warehouse
County: Bartow
Resale
Electricity Available, Public
Negotiable
Water body: NONE
Building Details
Building Size
1,980 SF
Year Built
1980
Abandoned
No
Listing Agency:
Selling The South, Georgia
(770) 608-0719
Listed By:
Melanie Adams
(770) 608-0719
Source:
Blackstreaminternational
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 9 at 2:30PM
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 Selling The South, Georgia
Investment Insights
Based on property information with market context.
Built in 1980, this commercial property is currently used for garage-based automotive repair. The existing use provides a clear connection to the auto-service sector, while the commercial zoning supports its present operating format.
The property is located in Cartersville, Georgia, approximately 13 minutes from I-75. Its current configuration may suit an operator seeking an established repair location or an owner evaluating other commercially permitted applications.
The property is located in Cartersville, Georgia, approximately 13 minutes from I-75. Its current configuration may suit an operator seeking an established repair location or an owner evaluating other commercially permitted applications.
Key Highlights
- Currently operating as a garage car repair facility
- Commercial zoning supports the existing business use
- Built in 1980
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
$12,062
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
4.31%
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%
$241,240
$241.2K
Cap Rate 7%
$172,314
$172.3K
Cap Rate 9%
$134,022
$134.0K
Market Conditions
NOI Build-Up for 1,980 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
$18.8K $9.48/SF
− Vacancy
−$1.5K −$0.78/SF
EGI
$17.2K $8.70/SF
− OpEx
−$5.2K −$2.61/SF
NOI
$12.1K $6.09/SF
Area
Bartow County, GA
Vacancy
8.20%
Lease Rate
$9.48 /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%
$241,240
Cap Rate 7%
$172,314
Cap Rate 9%
$134,022
Alternative Uses
Best Use
Retail
$397.8K
$348.1K – $464.2K
NOI $27,849 @ 7.0% cap · market cap 9.95%
Second Best
Industrial
$172.3K
$150.8K – $201.0K
NOI $12,062 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$556.0K
$486.5K – $648.7K
NOI $38,919 @ 7.0% cap · market cap 13.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30120, GA
42,702
Population
16,778
Households
2.5
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
93.0 sq mi
ZIP Area
459
Density / Sq Mi
$83,892
Median Household Income
$44,948
Median Earnings
$1,205
Median Rent
$276,200
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.
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Frequently Asked Questions
What type of property is this?
Auto shop - Currently operating as a garage car repair business with commercial zoning.
Where is this auto shop located?
The property is located at 19 Serena Street Cartersville, GA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Currently operating as a garage car repair facility; Commercial zoning supports the existing business use; Built in 1980
