Building Details

Year Built 1978

Listing Agency: Keller Williams Lanier Partners

Listed By: Cody Beaver Show Phone

Source: Atlantarealestatedirectory

Added: Aug 25 Changed: Sep 30 Last Checked: Oct 13 at 12:33AM

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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 Keller Williams Lanier Partners

Investment Insights

Based on property information with market context.

This automotive service property includes a 1,600-square-foot tire shop building constructed in 1978. The business has operated for more than 30 years, providing an established platform for continued tire-service operations.

The property is located at 4071 Price Rd in Gainesville, Georgia. The offering combines an existing automotive shop facility with a long-running local business presence.

Key Highlights

• 1,600‑square‑foot tire shop property
• Operating tire business with more than 30 years in business
• Building constructed in 1978

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$18,446

Cap Rate

4.73%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$368,920 $368.9K

Cap Rate 7%

$263,514 $263.5K

Cap Rate 9%

$204,956 $205.0K

Market Conditions

NOI Build-Up for 1,600 SF

Gross rent

$28.8K $18.00/SF

− Vacancy

−$2.4K −$1.53/SF

EGI

$26.4K $16.47/SF

− OpEx

−$7.9K −$4.94/SF

NOI

$18.4K $11.53/SF

Area

Hall County, GA

Vacancy

8.50%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$368,920

Cap Rate 7%

$263,514

Cap Rate 9%

$204,956

Alternative Uses

Best Use

Retail

$263.5K

$230.6K – $307.4K (±1% cap)

NOI $18,446 @ 7.0% cap · market cap 4.73%

Second Best

Industrial

$136.9K

$119.8K – $159.7K (±1% cap)

NOI $9,582 @ 7.0% cap · market cap 2.46%

Theoretical Best

Office A

$448.1K

$392.1K – $522.8K (±1% cap)

NOI $31,366 @ 7.0% cap · market cap 8.04%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Beaver Tire (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Auto Parts Store Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

30

Businesses Nearby

5k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Chevron Shops & Services

4,897 visits/mo 0.3 miles

Demographics for 30506, GA

45,215

Population

18,876

Households

2.4

Avg Household Size

43

Median Age

38%

College-Educated

91%

High-School Grad

100.5 sq mi

ZIP Area

450

Density / Sq Mi

$95,224

Median Household Income

$44,824

Median Earnings

$1,323

Median Rent

$363,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Auto shop - Operating automotive service property with a long local business history and an established tire-shop use.

Where is this auto shop located?

The property is located at 4071 Price Rd Gainesville, GA.

What is the asking price?

The asking price for this property is $389,900.

What are key features of this property?

This property features: 1,600‑square‑foot tire shop property; Operating tire business with more than 30 years in business; Building constructed in 1978