Freestanding Tire Retail Auto
For Sale
$550,000
2059 Candler Rd, Decatur, GA 30032
Existing automotive retail property with a flexible commercial layout and room for operational expansion.
Property Size3,046 SF
Lot Size0.50 Acres
Price / SF$180.56
Days on Market39
Property Features for 2059 Candler Rd
General Information
Standard status
Active
Size
3,046 SF
Lot size
0.50 Acres
Additional Details
Road Access
Yes
Amenities
ample parking
flexible floor plan
Building Details
Year Built
1968
Listing Agency:
CLM Realty Group
(678) 777-2993
Listed By:
Candice Mayberry · License #369735
Source:
Shortsaleatlanta
Added: Jul 21
Changed: Aug 28
Last Checked: Aug 25 at 5:28AM
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 CLM Realty Group
Investment Insights
Based on property information with market context.
This freestanding automotive property contains 3,046 square feet on a 0.50-acre parcel and currently operates as a tire retail business. Built in 1968, the building offers a commercial layout adaptable to its existing use or other automotive-oriented operations, subject to applicable approvals.
The property is located on Candler Road in Decatur, Georgia, with access to public transportation and surrounding commercial activity. On-site parking is identified in the property information, and the site includes additional land area associated with the building.
The property is located on Candler Road in Decatur, Georgia, with access to public transportation and surrounding commercial activity. On-site parking is identified in the property information, and the site includes additional land area associated with the building.
Key Highlights
- 3,046‑square‑foot automotive property
- 0.50‑acre lot
- Currently operates as a tire retail business
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
$42,843
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
7.79%
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%
$856,860
$856.9K
Cap Rate 7%
$612,043
$612.0K
Cap Rate 9%
$476,033
$476.0K
Market Conditions
NOI Build-Up for 3,046 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
$66.9K $21.96/SF
− Vacancy
−$5.7K −$1.87/SF
EGI
$61.2K $20.09/SF
− OpEx
−$18.4K −$6.03/SF
NOI
$42.8K $14.07/SF
Area
DeKalb 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%
$856,860
Cap Rate 7%
$612,043
Cap Rate 9%
$476,033
Alternative Uses
Best Use
Retail
$612.0K
$535.5K – $714.1K
NOI $42,843 @ 7.0% cap · market cap 7.79%
Second Best
Industrial
$265.1K
$232.0K – $309.3K
NOI $18,556 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$851.5K
$745.0K – $993.4K
NOI $59,603 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30032, GA
44,697
Population
20,676
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
91%
High-School Grad
13.6 sq mi
ZIP Area
3,287
Density / Sq Mi
$61,292
Median Household Income
$37,443
Median Earnings
$1,364
Median Rent
$245,000
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.
Similar Off Market Nearby
- Sweet Rays Tinting — 2376 Candler Rd Ste B #1151, Decatur, GA 30032
- BC and sam tires — 2265 Candler Rd, Decatur, GA 30032
- Tint By Marty
- Mellmann Mechanics LLC — 2140 Bixler Cir, Decatur, GA 30032
- Jackson Tire Services — 2576 Habersham Dr, Decatur, GA 30032
Frequently Asked Questions
What type of property is this?
Auto shop - Existing automotive retail property with a flexible commercial layout and room for operational expansion.
Where is this auto shop located?
The property is located at 2059 Candler Rd Decatur, GA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,046‑square‑foot automotive property; 0.50‑acre lot; Currently operates as a tire retail business
