Versatile Commercial Building in Jonesboro,
8326 Tara Boulevard Jonesboro, GA 30236
8326 Tara Boulevard, Jonesboro, GA, 30236
Contact for pricing
For Sale
Contact for pricing
Pending
18,124 sq ft commercial building suitable for various business uses.
Property Size18,124 SF
Lot Size1.00 Acre
Days on Market1969
Property Features for 8326 Tara Boulevard
General Information
- Standard status
- Pending
- Size
- 18,124 SF
- Lot size
- 1.00 Acre
- Property subtype
- Industrial
Building Details
- Year Built
- 1987
Listing Agency
Coldwell Banker Commercial Metro Brokers
(404) 680-5546
Listed by
Skip Pitner · License #GA
Source
Crexi
Added: Feb 27, 2021 Updated: Jul 6 at 8:05 am Checked: Jul 19 at 8:17 am
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 Coldwell Banker Commercial Metro Brokers
Investment Insights
Based on property information with market context.
Located in Jonesboro, GA, this 18,124 sq. ft. commercial building presents an opportunity for various business ventures. The precast concrete structure features 9,064 sq. ft. on each of its two floors. The building includes restrooms on both levels and an interior stairwell for access between floors. The building has served as an auto body and collision repair center for over 53 years. The property includes three paint booths, three frame racks, two in-ground lifts, and one above-ground lift. The building has an 88’ clear span width with a center support at 44’. The location is on GA Highway 19-41 (Tara Blvd), south of GA Hwy 138 and north of Smith St. or Flint River Rd. An adjacent duplex and single-family home are available for separate purchase and could be used for employee housing, management perks, or additional rental income. The additional acre of land could be retained for future expansion.
Key Highlights
- Prime commercial location in the heart of Jonesboro, GA, offering high visibility and accessibility.
- Spacious 18,124 sq. ft. building with two floors and a clear span width of 88 feet.
- Solid precast concrete structure, previously an auto body and collision repair center for 53+ years.
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 | $171.8k | $9.48 |
| − Vacancy | −$14.1k | −$0.78 |
| EGI | $157.7k | $8.70 |
| − OpEx | −$47.3k | −$2.61 |
| NOI | $110.4k | $6.09 |
18,124 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.64M
$3.19M – $4.25M
NOI $254,921 @ 7.0% cap · market cap 10.62%
Second Best
Industrial
$1.58M
$1.38M – $1.84M
NOI $110,409 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$5.07M
$4.43M – $5.91M
NOI $354,645 @ 7.0% cap · market cap 14.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wade's Collision Repair
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Tara Auto Service — 8754 Roberts Rd, Jonesboro, GA 30238
- Osborne Automotive — 560 Flint River Rd, Jonesboro, GA 30238
- Good Wheels Certified — 181 s main st, jonesboro, ga 30236
- Good Wheels Certified Auto Repair — 181 S Main St, Jonesboro, GA 30236
- Speedy tires and auto repair — 544 Flint River Rd, Jonesboro, GA 30238
FAQs
What type of property is this?
Auto shop - 18,124 sq ft commercial building suitable for various business uses.
Where is this auto shop located?
The property is located at 8326 Tara Boulevard Jonesboro, GA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Prime commercial location in the heart of Jonesboro, GA, offering **high visibility and accessibility**.; Spacious **18,124 sq. ft. building with two floors** and a clear span width of 88 feet.; Solid precast concrete structure, previously an auto body and collision repair center for 53+ years.
