Automotive Shop with Fenced
For Sale
Contact for pricing
200 Maxham Rd, Austell, GA 30168
Automotive facility with collision-ready improvements, specialized equipment, and a secured outdoor yard.
Property Size10,000 SF
Lot Size0.83 Acres
Price / SF$240
Days on Market172
Property Features for 200 Maxham Rd
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.83 Acres
Property subtype
Retail, Industrial
Zoning
C-H | Heavy Commercial
Occupancy
8%
Lease Type
NNN
Investment Type
Value Add
Site & Location
Traffic Count
35,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Additional Details
Sprinkler System
Yes
Building Details
Year Built
1994
Year Renovated
2023
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Abandoned
No
Listing Agency:
Northmarq
Listed By:
Ani Paulson · License #428443
Source:
Crexi
Added: Mar 12
Changed: Aug 30
Last Checked: Aug 30 at 10:31AM
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 Northmarq
Investment Insights
Based on property information with market context.
This 10,000-square-foot automotive facility on 0.83 acres includes a fenced yard and substantial parking. The vacant suite is configured for automotive or collision operations, with vehicle lifts, paint and body infrastructure, welding equipment, mechanical systems, and other shop equipment in place. The property is currently 8% occupied and can accommodate an owner-user or additional leasing activity.
Renovations include a new HVAC system under warranty, updated plumbing, electrical and sprinkler systems, a resealed roof, and a new façade. Additional improvements include exterior repainting, refreshed office space, new fencing, landscaping, curbing, a double firewall, and soundproofing. Zoned C-H | Heavy Commercial, the site fronts Maxham Road, which carries 35,000+ vehicles per day, and is approximately 15 miles west of downtown Atlanta with access to Interstate 20.
Renovations include a new HVAC system under warranty, updated plumbing, electrical and sprinkler systems, a resealed roof, and a new façade. Additional improvements include exterior repainting, refreshed office space, new fencing, landscaping, curbing, a double firewall, and soundproofing. Zoned C-H | Heavy Commercial, the site fronts Maxham Road, which carries 35,000+ vehicles per day, and is approximately 15 miles west of downtown Atlanta with access to Interstate 20.
Key Highlights
- 10,000 SF automotive facility on 0.83 acres
- Vacant suite configured for automotive or collision use
- Vehicle lifts, paint and body infrastructure, welding equipment, and shop systems included
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
$140,654
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
5.86%
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%
$2,813,080
$2.8M
Cap Rate 7%
$2,009,343
$2.0M
Cap Rate 9%
$1,562,822
$1.6M
Market Conditions
NOI Build-Up for 10,000 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
$219.6K $21.96/SF
− Vacancy
−$18.7K −$1.87/SF
EGI
$200.9K $20.09/SF
− OpEx
−$60.3K −$6.03/SF
NOI
$140.7K $14.07/SF
Area
Cobb 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%
$2,813,080
Cap Rate 7%
$2,009,343
Cap Rate 9%
$1,562,822
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.34M
NOI $140,654 @ 7.0% cap · market cap 5.86%
Second Best
Industrial
$870.3K
$761.5K – $1.02M
NOI $60,918 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,560 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
35,000 VPD
Traffic count
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 92%
Groceries 6%
Home Improvements & Furnishings 2%
BP
Shops & Services
12,495 visits/mo
0.3 miles
Shell
Shops & Services
4,494 visits/mo
0.2 miles
Chevron
Shops & Services
4,027 visits/mo
0.1 miles
Mi Pueblo Food Center
Groceries
1,448 visits/mo
0.1 miles
Copart
Shops & Services
1,360 visits/mo
0.5 miles
Demographics for 30168, GA
26,544
Population
10,405
Households
2.6
Avg Household Size
33
Median Age
28%
College-Educated
86%
High-School Grad
12.4 sq mi
ZIP Area
2,141
Density / Sq Mi
$65,646
Median Household Income
$37,180
Median Earnings
$1,364
Median Rent
$229,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Automotive facility with collision-ready improvements, specialized equipment, and a secured outdoor yard.
Where is this auto shop located?
The property is located at 200 Maxham Rd Austell, GA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 10,000 SF automotive facility on 0.83 acres; Vacant suite configured for automotive or collision use; Vehicle lifts, paint and body infrastructure, welding equipment, and shop systems included
