Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

257 Dekalb Industrial Way Decatur, GA 30030-2203

  • Warehouses
  • 8,250 SF
  • 1.69 lot acres
OFF-MARKET
Last Sale
Apr 06, 2022
$2,900,000
Value Estimations
$2,945,000
Show details
Cap Rate Potential
2%
Warehouses
Location Intelligence
Property ID
US22-1275851
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Neil's Restorations / Auto Body Shop
  • TRUE Automotive / Transmission Shop / Auto Repair Shop

Property Details for 257 Dekalb Industrial Way

Year built
1958
Lot size
1.69 lot acres
Property size
8,250 SF
Zone code
M
Property type
Warehouses
APN
18 008 04 006
APU
1800804006

Description

This exceptional investment opportunity presents a ±19,350 square foot, single-tenant auto repair facility located at 257 Dekalb Industrial Way, Decatur, GA 30030. The property, built in 1958 and extensively renovated in 2024 ($250,000 in improvements), sits on approximately 1.69 acres and includes ±40 parking spaces. The building is currently leased to True Automotive under a corporate-guaranteed, Triple Net (NNN) lease with a 15-year initial term and four 5-year renewal options. Rent increases by 10% every five years, providing excellent inflation protection. The current Net Operating Income (NOI) is $271,430, representing a 7.00% cap rate on the asking price of $3,877,572. A portion of the property (approximately 10%) is subleased for $42,000 annually, though this area lacks direct street access. This turnkey investment offers a secure, long-term income stream with a strong, established tenant in a desirable location. The property's recent renovations include a completely updated lobby, ensuring a modern and appealing space for the tenant and future growth. The lease structure, combined with the tenant's financial strength and the property's strategic location, makes this an attractive opportunity for investors seeking stable, long-term returns.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,990,000
    ML approach
    $2,865,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,827,000
    Market price range: $679k - $1.83M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Decatur
County
Dekalb
State
Georgia
Longitude
-84.2754
Latitude
33.7835
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$35,732
$109,827
$674,653
$784,480
-
$274,568
$1,686,632
$1,961,200
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