Turnkey Transmission Repair
For Sale
$1,700,000
263 Merchants Drive, Dallas, GA 30132
Commercial Sale, Dallas, GA
Property Size4,800 SF
Lot Size1.58 Acres
Price / SF$354.17
Days on Market301
Property Features for 263 Merchants Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Parking
75
Parking features
Parking Lot
Interior features
High Ceilings 10 or Greater, Reception Area, Restrooms
Fencing
Chain Link
Accessibility
Accessible Approach with Ramp
Lot features
Level
Directions
GPS
Standard status
Active
APN
045880
Size
4,800 SF
Lot size
1.58 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4890
Utilities
Utilities
Cable Available
Building Details
Year built
2004
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
The Realty Group
(678) 564-2555
Listed By:
Angela Gregory · License #329734
(404) 597-8724
Added: Oct 24, 2025
Changed: Aug 19
Last Checked: Aug 20 at 2:06AM
MLS# 7675623
Copyright © 2026 First Multiple Listing Service, Inc. 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.
The property is a turnkey transmission repair business built for immediate operation, offered with a fully equipped facility suitable for automotive service work. The sale is structured as an operating business and facility, with financial information available to qualified parties under NDA. The property is zoned C-1 and includes a county-approved special use permit supporting the specialized use.
Located at 263 Merchants Drive in Dallas, Georgia, the facility is described as having high visibility near downtown. Access details, frontage dimensions, and traffic counts are not provided in the materials.
For buyers seeking an automotive service operation that can start operating with the included equipment, this offering combines an established transmission repair setup with the applicable C-1 zoning and special use approval. The listing notes that the business generates approximately $1M annually, with financials shared upon request through an executed NDA. Expansion or continued operation would be supported by the existing transmission-focused improvements already in place.
Located at 263 Merchants Drive in Dallas, Georgia, the facility is described as having high visibility near downtown. Access details, frontage dimensions, and traffic counts are not provided in the materials.
For buyers seeking an automotive service operation that can start operating with the included equipment, this offering combines an established transmission repair setup with the applicable C-1 zoning and special use approval. The listing notes that the business generates approximately $1M annually, with financials shared upon request through an executed NDA. Expansion or continued operation would be supported by the existing transmission-focused improvements already in place.
Key Highlights
- Turnkey transmission repair business with fully equipped facility
- Generates $1M in annual revenue (financials available via NDA)
- C‑1 zoning with county‑approved special use permit
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
$67,514
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
3.97%
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%
$1,350,280
$1.4M
Cap Rate 7%
$964,486
$964.5K
Cap Rate 9%
$750,156
$750.2K
Market Conditions
NOI Build-Up for 4,800 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
$105.4K $21.96/SF
− Vacancy
−$9.0K −$1.87/SF
EGI
$96.4K $20.09/SF
− OpEx
−$28.9K −$6.03/SF
NOI
$67.5K $14.07/SF
Area
Paulding 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%
$1,350,280
Cap Rate 7%
$964,486
Cap Rate 9%
$750,156
Alternative Uses
Best Use
Retail
$964.5K
$843.9K – $1.13M
NOI $67,514 @ 7.0% cap · market cap 3.97%
Second Best
Industrial
$417.7K
$365.5K – $487.4K
NOI $29,241 @ 7.0% cap · market cap 1.72%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,349 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Truist
Shops & Services
4,742 visits/mo
0.2 miles
Exxon
Shops & Services
4,398 visits/mo
0.1 miles
Diamond Shamrock
Shops & Services
2,678 visits/mo
0.1 miles
Demographics for 30132, GA
46,580
Population
18,016
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
93%
High-School Grad
102.4 sq mi
ZIP Area
455
Density / Sq Mi
$102,800
Median Household Income
$48,262
Median Earnings
$1,514
Median Rent
$332,700
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 - Turnkey automotive transmission repair operation with C-1 zoning and county-approved special use permit.
Where is this auto shop located?
The property is located at 263 Merchants Drive Dallas, GA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Turnkey transmission repair business with fully equipped facility; Generates $1M in annual revenue (financials available via NDA); C‑1 zoning with county‑approved special use permit
