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Property profile & analytics
OFF-MARKET Estimated value $775,000
Warehouses

223 Elbert St Elberton, GA 30635-2101

19,060 SF 1.45 ac lot Built 1965
Entity Owned 7-yr Hold Free & Clear
Property ID
US22-3538859
Property summary
AI-generated overview

This exceptional commercial property at 223 Elbert Street in Elberton, Georgia presents a remarkable business opportunity. Spanning 1.45 acres, the building boasts an impressive 19,060 square feet of versatile space, ideally situated on a high-traffic road. Originally owned by Claude Ray Ford, the property is a turn-key operation ready for immediate use. The expansive shop area is fully equipped with an extensive array of automotive tools and equipment, including four tire machines, four car lifts, five balancers, two compressors, one wheel aligner, and one brake lathe. Beyond the shop, the property includes two well-appointed administrative offices, perfect for management or administrative staff. A large showroom or waiting area provides ample space for customer interaction or display. The property's size and existing infrastructure offer a multitude of potential uses, from continuing the existing automotive business to adapting the space for a variety of other commercial ventures. This is a rare opportunity to acquire a substantial, fully equipped commercial building in a prime Elberton location. The asking price is $795,000.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1965
Construction STEEL FRAME
Total area 19,060 SF
Lot 1.45 ac (63,162 SF)
Zoning code ELBERTON
APN E18 056
UPID US22-3538859
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
  • M & M TIRE AND AUTO CARE LLC (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$775k
Owner & transaction history
M & M Tire And Auto Care LLC · 7 yrs held
M & M Tire And Auto Care LLC
since 2019
6 recorded transactions
2019
$165,000
2019
$450,000
2015
Price N/A
2011
Price N/A
2010
Price N/A
2010
$23,000
Zoning & alternative use
ELBERTON · Elberton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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