Gainesville Auto Center For
For Sale
$1,600,000
950 McEver Road, Gainesville, GA 30504
Well-established auto center with FF&E in a retail corridor.
Property Size4,295 SF
Price / SF$372.53
Days on Market209
Property Features for 950 McEver Road
General Information
Standard status
Active
Size
4,295 SF
Property subtype
Retail
Building Details
Year Built
2006
Listing Agency:
Bull Realty
Listed By:
Darrell Chapman · License #291870
(404) 876-1640
Source:
Bullrealty
Added: Apr 1
Changed: Oct 26
Last Checked: Oct 26 at 3:04PM
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 Bull Realty
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Investment Insights
Based on property information with market context.
This is a well-established tire and auto center located on McEver Road in Gainesville, GA. The property is situated in a dense retail corridor, across the street from a Publix-anchored shopping center, and in close proximity to The Home Depot, Best Buy, and Kohl's. The property is being sold with all improvements and FF&E in place, but no business value is included. The facility features approximately 4,295 square feet of space and includes FF&E for an owner/user. It has 3 drive-thru service bays and 1 car wash tunnel with upgraded equipment. A new survey is available. The tenants will vacate prior to closing, as the owner has been leasing the property and equipment on a month to month basis due to illness.
Key Highlights
- Well‑established auto center on high‑traffic McEver Road.
- Includes FF&E for owner/user.
- Recent appraisal valued at $3,000,000.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,573
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,460
$1.3M
Cap Rate 7%
$893,900
$893.9K
Cap Rate 9%
$695,256
$695.3K
Market Conditions
NOI Build-Up for 4,295 SF
Gross rent
$90.2K $21.00/SF
− Vacancy
−$6.8K −$1.58/SF
EGI
$83.4K $19.43/SF
− OpEx
−$20.9K −$4.86/SF
NOI
$62.6K $14.57/SF
Area
Hall County, GA
Vacancy
7.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,460
Cap Rate 7%
$893,900
Cap Rate 9%
$695,256
Alternative Uses
Best Use
Specialty Retail
$893.9K
$782.2K – $1.04M
NOI $62,573 @ 7.0% cap · market cap 3.91%
Second Best
Retail
$707.4K
$619.0K – $825.3K
NOI $49,517 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,197 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30504, GA
27,403
Population
10,162
Households
2.7
Avg Household Size
34
Median Age
23%
College-Educated
70%
High-School Grad
18.1 sq mi
ZIP Area
1,514
Density / Sq Mi
$71,833
Median Household Income
$34,972
Median Earnings
$1,266
Median Rent
$294,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- BUDGET TRUCK RENTAL — 1050 McEver Rd Suite C, Gainesville, GA 30504
- Avis Car Rental — 1050 McEver Rd, Gainesville, GA 30504
- Tool & Truck Rental Center at The Home Depot — 924 Dawsonville Hwy, Gainesville, GA 30501
Frequently Asked Questions
What type of property is this?
Automotive property - Well-established auto center with FF&E in a retail corridor.
Where is this automotive property located?
The property is located at 950 McEver Road Gainesville, GA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Well‑established auto center on high‑traffic McEver Road.; Includes FF&E for owner/user.; Recent appraisal valued at $3,000,000.
