Financial
Distress signals
Property profile

1200 Central Ave Atlanta, GA 30344

FOR SALE
Auto shops
Property ID
US22-4548619
5,332 SF 0.23 ac lot Built 1954
Last sale Jul 2023 · $230,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A freestanding light industrial building constructed in 1954, totaling approximately 5,332 square feet, situated on an approximately 0.23-acre lot in the East Point business corridor. The property was previously used as an audio and auto repair facility and includes a practical industrial footprint suitable for automotive, warehouse, distribution, light industrial, or creative workspace applications, subject to confirmation of current zoning and permitted uses. The site is positioned for

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$43k
Assessed land$35k
Assessed improvement$9k
Effective rate2.82%

Value estimate

· Sep 2026
$220k
$198k – $242k
AI approach$260k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$4k
Operating expenses−$13k
NOI · 6.16% cap applied$31k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$254/SF
Submarket average, outlier-cleaned · 123 recorded sales of this use type
Observed band · Q1–Q3$120 – $441
Qualifying comparables7

Cap rate analysis

How does the asset earn?
6.16%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I1
The intent of I1 District, is to provide areas within the city for the manufacture, storage, sale and distribution of goods and the condu...
General categoryINDUSTRIAL
JurisdictionFULTON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.9
Building Supply11.0
Electrical Service10.0

Location

1200 Central Ave Atlanta, GA 30344
County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2144 Sylvan, East Point, GA 30344-1813 $1,000,000 Oct 2022 3,680 SF
1571 Taylor, East Point, GA 30344-4242 $850,000 Nov 2021 7,865 SF
2210 Sylvan, East Point, GA 30344-1882 $1,465,000 Sep 2021 5,318 SF
3425 Delta, East Point, GA 30344-5115 $895,000 Apr 2021 7,787 SF
1551 Fairfax, East Point, GA 30344-2522 $250,000 Feb 2021 6,008 SF
1228 Central, East Point, GA 30344-4923 $32,000 Nov 2018 6,561 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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