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5440 Jonesboro Road, Morrow, GA, 30260
Automotive Car Lot with Parking

5440 Jonesboro Road Morrow, GA 30260

For Sale
$419,900

COMMERCIAL - Morrow, GA

Property Size959 SF
Lot Size0.88 Acres
Price / SF$437.85
Days on Market297

Property Features for 5440 Jonesboro Road

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
1
Parking features
Parking Lot
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
Flooring type
Carpet
Building materials
Aluminum Siding
Listing Agency: Virtual Properties Realty.com
Listed By: Jeanette Franklin
Added: Oct 1, 2025 Changed: Jun 8 Last Checked: Jul 24 at 2:06AM
MLS# 10618292

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This sale offering is a versatile commercial car lot designed to support daily vehicle operations. The property features ample parking and well-lit premises, making it practical for businesses that rely on on-site vehicle storage and customer access.

Situated on a high-traffic street, the lot is positioned for visibility and accessibility. It is located at 5440 Jonesboro Road in Morrow, Georgia, within Clayton County. The site spans approximately 0.88 acres and is presented as having flexible zoning for continued automotive use and other concepts.

For tenants, buyers, or operators focused on auto sales, car rentals, or other automotive-related activities, the configuration supports easy customer viewing and convenient vehicle staging. The property is also described as suitable for future restaurant development, providing a potential alternative use path depending on approvals and site requirements.

Key Highlights

  • Commercial car lot on a high‑traffic street with parking lot onsite
  • Lot spans over 0.88 acres and is designed for ample parking
  • Water available on the property

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $21.1k $21.96
− Vacancy −$1.8k −$1.87
EGI $19.3k $20.09
− OpEx −$5.8k −$6.03
NOI $13.5k $14.07
959 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$192.7K
$168.6K – $224.8K (±1% cap)
NOI $13,489 @ 7.0% cap · market cap 3.21%
Second Best
Industrial
$83.5K
$73.0K – $97.4K (±1% cap)
NOI $5,842 @ 7.0% cap · market cap 1.39%
Theoretical Best
Office A
$268.1K
$234.6K – $312.8K (±1% cap)
NOI $18,765 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Freedom Used Auto ... Car Dealership

Suggested Use

Real Estate Agency Dental Office Law Firm Kitchen & Bath Showroom Building Supply Gym & Fitness Center Storage Facility Skin Care Clinic (Bike/Boat/Book/etc) Store Accounting Firm

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

Similar Off Market Nearby

  • U-Haul Neighborhood Dealer — 4983 Jonesboro Rd, Forest Park, GA 30297
  • U-Haul Neighborhood Dealer — 1365 Forest Pkwy Suite B, Lake City, GA 30260
  • Browill global automotive — 1540 Forest Pkwy C, Morrow, GA 30260
  • U-Haul Neighborhood Dealer — 5508 Jonesboro Rd, Lake City, GA 30260

FAQs

What type of property is this?
Parking lot & garage - Well-lit car lot on a high-traffic street, suited for automotive operators seeking visibility and straightforward parking.
Where is this parking lot & garage 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: Commercial car lot on a high‑traffic street with parking lot onsite; Lot spans over 0.88 acres and is designed for ample parking; Water available on the property
More about this property
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