Auto Shop with Highway
For Sale
Contact for pricing
2905 Ball Ground Highway, Canton, GA 30114
General Commercial-zoned property with an existing automotive occupancy and direct highway access.
Property Size3,540 SF
Lot Size0.34 Acres
Price / SF$132.74
Days on Market438
Property Features for 2905 Ball Ground Highway
General Information
Standard status
Active
Size
3,540 SF
Total Parking Spaces
8
Lot size
0.34 Acres
Property subtype
Mixed Use
Zoning
General Commercial
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Building Details
Year Built
1954
Buildings
1
Tenancy
Single
Listing Agency:
ERA Sunrise Realty
(770) 720-1515
Listed By:
Zack Bobo · License #390670
Source:
Crexi
Added: Jun 19, 2025
Changed: Aug 30
Last Checked: Aug 30 at 3:52AM
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 ERA Sunrise Realty
Investment Insights
Based on property information with market context.
This 3,540-square-foot auto shop occupies a .34-acre lot along Ball Ground Highway. Built in 1954, the property is currently leased to a tire and wheel shop, with the lease extending through December 2025. The tenant pays its own utilities, providing a straightforward operating arrangement for the current ownership structure.
The property is in Canton, Georgia, with access to Rivertown Parkway, Downtown Ball Ground, and Interstate 575. Its Ball Ground Highway position provides road frontage and convenient connectivity to the surrounding metro Atlanta area. General Commercial zoning supports the property’s existing commercial use and provides a practical setting for continued automotive occupancy or future owner-user consideration.
The property is in Canton, Georgia, with access to Rivertown Parkway, Downtown Ball Ground, and Interstate 575. Its Ball Ground Highway position provides road frontage and convenient connectivity to the surrounding metro Atlanta area. General Commercial zoning supports the property’s existing commercial use and provides a practical setting for continued automotive occupancy or future owner-user consideration.
Key Highlights
- 3,540‑square‑foot auto shop on a .34‑acre lot
- General Commercial zoning
- Located on Ball Ground Highway with road frontage
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
$21,565
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
4.59%
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%
$431,300
$431.3K
Cap Rate 7%
$308,071
$308.1K
Cap Rate 9%
$239,611
$239.6K
Market Conditions
NOI Build-Up for 3,540 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
$33.6K $9.48/SF
− Vacancy
−$2.8K −$0.78/SF
EGI
$30.8K $8.70/SF
− OpEx
−$9.2K −$2.61/SF
NOI
$21.6K $6.09/SF
Area
Cherokee 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%
$431,300
Cap Rate 7%
$308,071
Cap Rate 9%
$239,611
Alternative Uses
Best Use
Retail
$711.3K
$622.4K – $829.9K
NOI $49,791 @ 7.0% cap · market cap 10.60%
Second Best
Industrial
$308.1K
$269.6K – $359.4K
NOI $21,565 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$994.0K
$869.8K – $1.16M
NOI $69,582 @ 7.0% cap · market cap 14.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30114, GA
59,139
Population
22,259
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
95.2 sq mi
ZIP Area
621
Density / Sq Mi
$97,684
Median Household Income
$47,257
Median Earnings
$1,654
Median Rent
$408,800
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
- Cherokee County Toyota Collision — 301 Liberty Blvd, Canton, GA 30114
- Hay's Mobile Auto Repair — Canton, GA 30114
- Jerry's Auto Repair & Paint — 2454 Ball Ground Hwy, Canton, GA 30114
- Keziah's Collision Center — 2831 Ball Ground Hwy, Canton, GA 30114
- B&H Wheels and Tires Canton — 2905 Ball Ground Hwy, Canton, GA 30114
Frequently Asked Questions
What type of property is this?
Auto shop - General Commercial-zoned property with an existing automotive occupancy and direct highway access.
Where is this auto shop located?
The property is located at 2905 Ball Ground Highway Canton, GA.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: 3,540‑square‑foot auto shop on a .34‑acre lot; General Commercial zoning; Located on Ball Ground Highway with road frontage
