Fully Equipped Auto
5948 Homestead Rd Rex, GA 30273
5948 Homestead Rd, Rex, GA, 30273
$429,000
For Sale
$429,000
Auto shop with two vehicle lifts, multiple work bay areas, and a 16-foot roll-up door plus on-site offices.
Property Size5,012 SF
Price / SF$85.59
Days on Market137
Property Features for 5948 Homestead Rd
General Information
- Standard status
- Active
- Size
- 5,012 SF
Listing agency
Sellers Realty LLC
Listed by
Darlena Borders
(770) 833-1970
Source
Exprealty
Added: Mar 6 Updated: Jul 21 at 4:31AM Checked: Jul 21 at 4:31AM
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 Sellers Realty LLC
Investment Insights
Based on property information with market context.
This fully equipped auto shop includes 5,012 square feet of work space designed for automotive repair, customization, fleet services, or specialty mechanical work. The facility features two vehicle lifts, four work bay areas, and two air compressors. A 16-foot roll-up door provides direct, drive-in access.
Interior support spaces include three separate office rooms, along with an additional room suitable for storage or a breakroom, and a bathroom on-site.
The property is located in Downtown Historic Rex, directly off busy Rex Road, about one mile from I-675 and approximately 20 minutes south of Atlanta, offering straightforward regional access for day-to-day operations.
Interior support spaces include three separate office rooms, along with an additional room suitable for storage or a breakroom, and a bathroom on-site.
The property is located in Downtown Historic Rex, directly off busy Rex Road, about one mile from I-675 and approximately 20 minutes south of Atlanta, offering straightforward regional access for day-to-day operations.
Key Highlights
- Fully equipped auto shop with 5,012 SF of work space for automotive repair and specialty mechanical work
- Two vehicle lifts plus two air compressors for service and customization work
- Four work bay areas and a 16‑foot roll‑up door for vehicle access
Local Financial Insights For Industrial
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 | $47.5k | $9.48 |
| − Vacancy | −$3.9k | −$0.78 |
| EGI | $43.6k | $8.70 |
| − OpEx | −$13.1k | −$2.61 |
| NOI | $30.5k | $6.09 |
5,012 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.01M
$881.2K – $1.17M
NOI $70,496 @ 7.0% cap · market cap 16.43%
Second Best
Industrial
$436.2K
$381.7K – $508.9K
NOI $30,532 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,073 @ 7.0% cap · market cap 22.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gp Automotive Service, ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Gp Automotive Service, Llc — 5948 Homestead Rd, Rex, GA 30273
- Work After Work Auto — 6178 Amberly Rd, Rex, GA 30273
- Rescue Chariot — 3411 Front St, Ellenwood, GA 30294
- Prevent Auto Works — 5725 Pahaska Ct, Ellenwood, GA 30294
FAQs
What type of property is this?
Auto shop - Auto shop with two vehicle lifts, multiple work bay areas, and a 16-foot roll-up door plus on-site offices.
Where is this auto shop located?
The property is located at 5948 Homestead Rd Rex, GA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Fully equipped auto shop with 5,012 SF of work space for automotive repair and specialty mechanical work; Two vehicle lifts plus two air compressors for service and customization work; Four work bay areas and a 16‑foot roll‑up door for vehicle access
