Automotive Paint and Repair
For Sale
Contact for pricing
3040 Main St W, Snellville, GA 30078
Established automotive service property supporting paint, dent repair, and collision restoration operations.
Property Size7,200 SF
Price / SF$208.41
Days on Market131
Property Features for 3040 Main St W
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Retail, Industrial
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Year Built
1988
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Cade Norland · License #02120126
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 31 at 12:47AM
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 Matthews
Investment Insights
Based on property information with market context.
This automotive shop comprises 7,200 square feet and was constructed in 1988. The property is associated with Maaco, an automotive paint and collision repair brand providing vehicle painting, dent repair, and collision restoration services for individual owners and commercial fleets.
Located at 3040 Main St W in Snellville, Georgia, the property combines an established automotive-service use with an operating business. The source information identifies the offering as including both the business and real estate, with services centered on vehicle appearance and collision-related repairs.
Located at 3040 Main St W in Snellville, Georgia, the property combines an established automotive-service use with an operating business. The source information identifies the offering as including both the business and real estate, with services centered on vehicle appearance and collision-related repairs.
Key Highlights
- 7,200‑square‑foot automotive shop
- Built in 1988
- Maaco automotive paint and collision repair operation
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
$83,644
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
5.57%
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%
$1,672,880
$1.7M
Cap Rate 7%
$1,194,914
$1.2M
Cap Rate 9%
$929,378
$929.4K
Market Conditions
NOI Build-Up for 7,200 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
$129.6K $18.00/SF
− Vacancy
−$10.1K −$1.40/SF
EGI
$119.5K $16.60/SF
− OpEx
−$35.8K −$4.98/SF
NOI
$83.6K $11.62/SF
Area
Gwinnett County, GA
Vacancy
7.80%
Lease Rate
$18.00 /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%
$1,672,880
Cap Rate 7%
$1,194,914
Cap Rate 9%
$929,378
Alternative Uses
Best Use
Retail
$1.19M
$1.05M – $1.39M
NOI $83,644 @ 7.0% cap · market cap 5.57%
Second Best
Industrial
$626.6K
$548.3K – $731.0K
NOI $43,861 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,887 @ 7.0% cap · market cap 9.39%
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
719
Businesses Nearby
85k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 41%
Chick-fil-A
Dining
40,794 visits/mo
0.1 miles
Speedway
Shops & Services
24,453 visits/mo
0.4 miles
7 Brew Coffee
Dining
9,486 visits/mo
0.5 miles
Family Dollar
Shops & Services
5,468 visits/mo
0.3 miles
BP
Shops & Services
3,536 visits/mo
0.3 miles
Demographics for 30078, GA
38,350
Population
13,784
Households
2.8
Avg Household Size
39
Median Age
42%
College-Educated
91%
High-School Grad
17.3 sq mi
ZIP Area
2,217
Density / Sq Mi
$90,054
Median Household Income
$44,657
Median Earnings
$1,641
Median Rent
$316,600
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
- Stone Mountain Volkswagen Parts Department — 3500 Stone Mountain Hwy, Snellville, GA 30078
- Auto Glass Tech — 2462 Rosedale Creek Dr, Snellville, GA 30078
- Hangar auto service & repair Inc — 3450 Stone Mountain Hwy Suite E1, Snellville, GA 30078
- ARC WINDOW TINTING @ SNELLVILLE — 3498 Stone Mountain Hwy, Snellville, GA 30078
- Premier Auto Body & Collision — 3465 Stone Mountain Hwy, Snellville, GA 30078
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive service property supporting paint, dent repair, and collision restoration operations.
Where is this auto shop located?
The property is located at 3040 Main St W Snellville, GA.
What is the asking price?
The asking price for this property is $1,500,576.
What are key features of this property?
This property features: 7,200‑square‑foot automotive shop; Built in 1988; Maaco automotive paint and collision repair operation
