Automotive Dealership
For Sale
$3,950,000
2210 Washington Road, Thomson, GA 30824
COMMERCIAL - Thomson, GA
Property Size18,000 SF
Lot Size8.66 Acres
Price / SF$219.44
Days on Market153
Property Features for 2210 Washington Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C4
Parking features
Parking Lot
Subdivision
Not In Subdivision
Lot features
Level
Directions
West bound From 1-20, take exit 172 Thomson Ga, Property will be down on right
Standard status
Active
APN
00400008
Size
18,000 SF
Lot size
8.66 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
00400008
Tax Annual Amount
15177
Legal Description
00400008
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Amenities
wet bar
full bath
kitchen area
billboard
Building Details
Year built
1997
Number of units
2
Roof type
Concrete, Composition, Metal
Listing Agency:
DeFoor Realty
(706) 825-9501
Listed By:
John DeFoor · License #175748
(706) 799-9558
Added: Mar 12
Changed: Aug 4
Last Checked: Aug 11 at 9:06PM
MLS# 98254793
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Two existing commercial buildings on an 8.66+/- acre C4-zoned property were previously operated as automobile dealerships, offering flexible interior layouts for automotive or other commercial uses. Building 1 totals 10,674+/- square feet on 5 acres and includes a 36' x 52' showroom, a 60' x 96' shop area, and 12 work bays. The office area features nine cubicles, six individual offices, two cashier offices with customer pay windows, public restrooms, and a 15' x 20' storage area, with an upstairs level that includes a large executive office with a wet bar and full bath.
Building 2 totals 7,490+/- square feet on 3.67 acres and offers a dealership-style layout with a 30' x 40' showroom, six cubicles, six private offices, a kitchen area, a cashier office with pay window, and his-and-her public restrooms. The 66' x 62' shop area includes six work bays plus two additional offices located within the shop.
The property is located just off Interstate 20 at Washington Road in Thomson and includes a billboard for added exposure, supporting visibility in a high-traffic commercial corridor.
Building 2 totals 7,490+/- square feet on 3.67 acres and offers a dealership-style layout with a 30' x 40' showroom, six cubicles, six private offices, a kitchen area, a cashier office with pay window, and his-and-her public restrooms. The 66' x 62' shop area includes six work bays plus two additional offices located within the shop.
The property is located just off Interstate 20 at Washington Road in Thomson and includes a billboard for added exposure, supporting visibility in a high-traffic commercial corridor.
Key Highlights
- 8.66+/- acre commercial property just off Interstate 20 on Washington Road in Thomson
- Two existing commercial buildings: Building 1 is 10,674+/- SF on 5 acres; Building 2 is 7,490+/- SF on 3.67 acres
- Building 1 includes a 36' x 52' showroom, 60' x 96' shop area, and 12 work bays plus office space and public restrooms
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
$200,518
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
5.08%
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%
$4,010,360
$4.0M
Cap Rate 7%
$2,864,543
$2.9M
Cap Rate 9%
$2,227,978
$2.2M
Market Conditions
NOI Build-Up for 18,000 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
$298.1K $16.56/SF
− Vacancy
−$11.6K −$0.65/SF
EGI
$286.5K $15.91/SF
− OpEx
−$85.9K −$4.77/SF
NOI
$200.5K $11.14/SF
Area
McDuffie County, GA
Vacancy
3.90%
Lease Rate
$16.56 /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%
$4,010,360
Cap Rate 7%
$2,864,543
Cap Rate 9%
$2,227,978
Alternative Uses
Best Use
Retail
$2.86M
$2.51M – $3.34M
NOI $200,518 @ 7.0% cap · market cap 5.08%
Second Best
Industrial
$1.62M
$1.42M – $1.89M
NOI $113,321 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$5.68M
$4.97M – $6.63M
NOI $397,706 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30824, GA
16,832
Population
7,548
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
191.7 sq mi
ZIP Area
88
Density / Sq Mi
$54,214
Median Household Income
$35,804
Median Earnings
$810
Median Rent
$158,500
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.
Similar Off Market Nearby
- Killin Time Racing — 1820 Dallas Dr, Thomson, GA 30824
- Love's Truck Care — 2129 Washington Rd, Thomson, GA 30824
- Thomson Motor Collision Repair — 2158 Washington Rd, Thomson, GA 30824
Frequently Asked Questions
What type of property is this?
Auto shop - Two dealership-style buildings on a C4 commercial site with showroom, shop bays, offices, and billboard visibility.
Where is this auto shop located?
The property is located at 2210 Washington Road Thomson, GA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 8.66+/- acre commercial property just off Interstate 20 on Washington Road in Thomson; Two existing commercial buildings: Building 1 is 10,674+/- SF on 5 acres; Building 2 is 7,490+/- SF on 3.67 acres; Building 1 includes a 36' x 52' showroom, 60' x 96' shop area, and 12 work bays plus office space and public restrooms
