Technical
Financial
Distress signals
Property profile

1200 Central Ave East Point, GA

FOR SALE
Auto shops
Property ID
US22-4548619
5,332 SF 0.23 ac lot Built 1954
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a stand-alone, one-story stucco industrial building with a basement level, located in the Atlanta area near major interstate access and the Hartsfield Airport corridor. It is zoned I-1 (light industrial) under the City of East Point, and sits southwest of Atlanta with access from Central and Norman Berry Drive, adjacent to Hapeville and College Park. The building includes two drive-in doors and provides on-site parking. It was historically used as an audio and repair shop and is configured to accommodate reconfiguration, with readiness for rehab or renovation. The parcel includes the land and the building.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1954
Construction WOOD
Total area 5,332 SF
Lot 0.23 ac (9,975 SF)
Zoning code I1
APN 14 013100160377
UPID US22-4548619

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1200 Central Ave East Point, GA
East Point metro Census 12300 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2023
Last sale
$230,000
6 recorded transactions
2023
$230,000
2023
Price N/A
2019
$135,000
2019
Price N/A
2015
$45,000
2015
Price N/A

Zoning & alternative use

I1 · East Point, GA
Zoning description

The intent of I1 District, is to provide areas within the city for the manufacture, storage, sale and distribution of goods and the conduct of related commercial and industrial activities. The I1 District is comprised ex…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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