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Property profile & analytics
OFF-MARKET
Auto shops
10601 Commerce St Summerville, GA 30747-1420
Individually Owned
5-yr Hold
Free & Clear
Property ID
US22-3206824
Property summary
AI-generated overview
This exceptional 15,000 square foot Class A property, located at 10601 Commerce St, Summerville, GA 30747, is a meticulously restored 1952 Chevrolet dealership, now a captivating car museum. Completely renovated in 2022, this single-story building boasts a unique blend of vintage charm and modern amenities. Features include a fully operational indoor gas station with vintage pumps, and a hip-hop diner. The property sits on a commercially zoned lot and offers 100% occupancy. The asking price is $3,275,000, translating to $218.33 per square foot. Seller financing is available. This turnkey operation presents a rare opportunity to own a piece of automotive history in a picturesque Georgia setting, conveniently located near Atlanta and Chattanooga. The property's historical significance, combined with its unique features and high occupancy rate, makes it an attractive investment. Please note that the cars and corvettes are not included in the sale
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1952
Construction
STEEL FRAME
Total area
12,482 SF
Lot
0.92 ac (40,075 SF)
APN
00S32-00000-033-000
UPID
US22-3206824
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Greg Wyatt Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Greg Wyatt · 5 yrs held
Greg Wyatt
since 2020
Last sale
$250,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Summerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,926
Tax year 2023
Assessed value
$211,120
Assessed 2023
Previous assessed
$219,853
-4.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$37,520
Assessed improvement
$173,600
Land market value
$93,800
Improvement market value
$434,000
Total market value
$527,800
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1952
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
12,482 SF
Lot
0.92 ac (40,075 SF)
APN
00S32-00000-033-000
UPID
US22-3206824
Jurisdiction
CHATTOOGA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1952
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Greg Wyatt
Individual
Free & Clear · 5 yrs held
Mailing address
905 YORK RD, SUMMERVILLE, GA 30747-6135
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2020
—
Greg Wyatt
Joseph Jackson
Quit Claim Deed
related
—
Aug 14, 2020
$250,000
Greg Wyatt
Kojack North LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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