Auto Shop Property with Four
For Sale
$2,800,000
4281 Hugh Howell Road, Tucker, GA 30084
Zoned C-2 and improved with four buildings, carports, and ample parking for auto repair, body shop, and used car sales.
Property Size7,124 SF
Lot Size1.20 Acres
Days on Market277
Property Features for 4281 Hugh Howell Road
General Information
Standard status
Active
Size
7,124 SF
Lot size
1.20 Acres
Property subtype
Business
Zoning
C-2
Site & Location
Traffic Count
50,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$11,191
Amenities
carports
Building Details
Building Size
7,124 SF
Year Built
1950
Buildings
4
Abandoned
No
Listing Agency:
Redfin Corporation
Listed By:
Tommy Ngo
(770) 468-3884
Source:
Beacham
Added: Dec 12, 2025
Changed: Sep 15
Last Checked: Sep 14 at 9:31AM
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 Redfin Corporation
Investment Insights
Based on property information with market context.
This auto shop property sits on a 1.203-acre site zoned C-2 and includes four existing buildings, carports, and ample parking. The property is currently operated as an auto repair, body shop, and used car dealership, with transferable licenses noted as grandfathered in. A dedicated space for the owner’s operations is also included. The property was built in 1950 and includes existing tenants generating positive cash flow.
The site is positioned at the prime intersection of US-29 (Hugh Howell Rd/Lawrenceville Hwy) and 4th St, with over 50,000 vehicles per day passing by.
The combination of established automotive uses, grandfathered-in licensing transfer, and dedicated operational space makes the property well suited for a buyer looking to continue automotive operations at this high-traffic downtown Tucker intersection.
The site is positioned at the prime intersection of US-29 (Hugh Howell Rd/Lawrenceville Hwy) and 4th St, with over 50,000 vehicles per day passing by.
The combination of established automotive uses, grandfathered-in licensing transfer, and dedicated operational space makes the property well suited for a buyer looking to continue automotive operations at this high-traffic downtown Tucker intersection.
Key Highlights
- 1.203‑acre C‑2 zoned site with four existing buildings
- Over 50,000 vehicles per day pass the US‑29 and 4th St intersection
- Carports plus ample on‑site parking for operations
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
$100,202
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
3.58%
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%
$2,004,040
$2.0M
Cap Rate 7%
$1,431,457
$1.4M
Cap Rate 9%
$1,113,356
$1.1M
Market Conditions
NOI Build-Up for 7,124 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
$156.4K $21.96/SF
− Vacancy
−$13.3K −$1.87/SF
EGI
$143.1K $20.09/SF
− OpEx
−$42.9K −$6.03/SF
NOI
$100.2K $14.07/SF
Area
DeKalb 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%
$2,004,040
Cap Rate 7%
$1,431,457
Cap Rate 9%
$1,113,356
Alternative Uses
Best Use
Retail
$1.43M
$1.25M – $1.67M
NOI $100,202 @ 7.0% cap · market cap 3.58%
Second Best
Industrial
$620.0K
$542.5K – $723.3K
NOI $43,398 @ 7.0% cap · market cap 1.55%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,400 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
50,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,860
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30084, GA
41,654
Population
15,950
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
2,796
Density / Sq Mi
$82,747
Median Household Income
$42,528
Median Earnings
$1,617
Median Rent
$332,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Auto shop - Zoned C-2 and improved with four buildings, carports, and ample parking for auto repair, body shop, and used car sales.
Where is this auto shop located?
The property is located at 4281 Hugh Howell Road Tucker, GA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 1.203‑acre C‑2 zoned site with four existing buildings; Over 50,000 vehicles per day pass the US‑29 and 4th St intersection; Carports plus ample on‑site parking for operations
