Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Morrow Commercial Car Lot For Sale Title is generated by Realmo AI

    5440 Jonesboro Road, Morrow, GA 30260

    View on Map
    Claim this Listing
    For Sale
    $419,900

    COMMERCIAL - Morrow, GA

    Property size:
    959 SF
    Lot size:
    0.88 Acres
    Price / SF:
    $437/SF
    Added:
    Oct 1, 2025
    Days on Market:
    224
    Last Refresh:
    May 12 at 8:06 pm

    Property Features for 5440 Jonesboro Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    GB
    Parking
    1
    Parking features
    Parking Lot
    Interior features
    Restrooms
    Fencing
    Gate
    Standard status
    Active
    APN
    12176B C003
    Size
    959 SF
    Lot size
    0.88 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2242

    Utilities

    Utilities
    Water Available
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1958
    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Aluminum Siding
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Jeannette Franklin

    Listing agent Jeannette Franklin

    Listing office Virtual Properties Realty.com 2750 Premiere Pkwy Suite 200, Duluth, GA

    Listing date Oct 1, 2025

    MLS# 7660280

    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.

    HighLights

    • High‑traffic location with exceptional visibility and accessibility.
    • Versatile commercial lot suitable for auto dealerships, car rentals, or restaurant development.
    • Large .88‑acre lot with ample parking.
    • Flexible zoning allows for automotive or dining ventures.
    • Well‑lit premises.
    • Water Available.

    Overview

    Located on a high-traffic street, this commercial car lot in Morrow, GA, offers visibility and accessibility. The property spans over 0.88 acres and features ample parking and well-lit premises. The zoning is GB. It is suitable for auto dealerships, car rentals, or any automotive-related business. The property is also suitable for future restaurant development. The property size is 959 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Freedom Used Auto ... Car Dealership

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morrow
    County
    Clayton
    State
    Georgia
    Longitude
    -84.342884
    Latitude
    33.607299

    Nearby Similar for Sale

    • $550,000
      4,008 SF

      Restaurant/Bar in Customer Dense Area

      Restaurant/Bar in excellent condition with ample parking.
      2260 Lake Harbin Road, Morrow, GA 30260
      View Details
    • $550,000
      4,008 SF

      Morrow Restaurant/Bar For Sale

      Restaurant/Bar in excellent condition with ample parking.
      2260 Lake Harbin Road, Morrow, GA 30260
      View Details
    • $280,000
      1,550 SF

      Commercial Opportunity in Growing Area

      Fix-and-flip opportunity in high-visibility, growing commercial area.
      6750 Maddox Road, Morrow, GA 30260
      View Details
    • $2,000,000
      15,796 SF

      Morrow Church with Academy

      15,796 SF church with academy in Morrow, Georgia.
      2230 Rex Road, Morrow, GA 30260
      View Details
    • $419,900
      959 SF

      Morrow Car Lot For Sale

      High-traffic commercial car lot suitable for automotive or restaurant ventures.
      5440 Jonesboro Road, Morrow, GA 30260
      View Details
    • $250,000
      1,400 SF

      Morrow Mixed-Use Commercial Property

      Versatile commercial property suitable for diverse businesses in Morrow, GA.
      5372 Bryant Boulevard, Morrow, GA 30260
      View Details
    • $3,777,000

      Morrow Warehouse Near Convention Center

      10,000 sq ft warehouse on 1.4 acres in Morrow, GA.
      1253 Southlake Mall, Morrow, GA 30260
      View Details
    • $3,777,000

      Morrow Warehouse on 1.4 Acres

      10,000 sq ft warehouse in Clayton County for sale.
      1253 Southlake Mall, Morrow, GA 30260
      View Details
    • $3,975,000
      10,000 SF

      Clayton County Warehouse Opportunity

      10,000 sq ft warehouse on 1.4 acres for sale.
      1253 Southlake Mall, Morrow, GA 30260
      View Details
    • $1,585,000
      5,775 SF

      Morrow Retail Investment Opportunity

      Retail property with long-term lease in high-traffic location.
      1891 Mt Zion Rd, Morrow, GA 30260
      View Details
    • $1,677,846
      10,906 SF

      Retail Space For Sale

      Retail space available with a 6.50% CAP rate.
      2383 Lake Harbin Rd, Morrow, GA 30260
      View Details
    • Contact for pricing

      Office Space Available in Morrow

      Office property for sale in Morrow, Georgia.
      1590 Adamson Pkwy, Morrow, GA 30260
      View Details

    FAQs

    What type of property is this?
    Car wash - High-traffic commercial car lot suitable for automotive or restaurant ventures.
    Where is this car wash located?
    The property is located at 5440 Jonesboro Road Morrow, GA.
    What is the asking price?
    The asking price for this property is $419,900.
    What are key features of this property?
    This property features: High‑traffic location with exceptional visibility and accessibility.; Versatile commercial lot suitable for auto dealerships, car rentals, or restaurant development.; Large .88‑acre lot with ample parking.
    (770) 495-5050
    We can help!
    Listing Contact
    Jeannette Franklin
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5440 Jonesboro Road, Morrow, GA 30260
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!