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    2262 Township Ln Tucker, GA 30084
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    2262 Township Ln, Tucker, GA 30084

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    • Auto shops
    • 2,073 SF
    • 0.12 lot acres
    For Sale
    $800,000
    View Listing →
    Free Standing Auto Repair Facility For Sale
    $800,000
    2,100 SF

    Free Standing Auto Repair Facility

    2,100 SF auto repair facility adjacent to Downtown Tucker.

    2262 Township Ln, Tucker, GA
    View Listing
    Property ID
    US22-1831573
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • DJ Auto Service / Auto Repair Shop

    Property Details for 2262 Township Ln

    Year built
    1966
    Construction
    WOOD FRAME
    Lot size
    0.12 lot acres
    Zone code
    C2
    Property type
    Auto shops
    APN
    18 213 15 015
    APU
    1821315015

    Description

    This exceptional 2,100 square foot auto shop located at 2262 Township Ln, Tucker, GA 30084, is now available for purchase at $800,000. The property is a single-tenant retail space, ideally suited for continued automotive repair operations. The building features three bay doors, and includes existing equipment. The property boasts a strong sales history, exceeding $500,000 in annual revenue in the past year, notably without weekend operations, suggesting significant untapped potential. Major mechanical approvals are already in place, simplifying the transition for a new owner. The asking price equates to $380.95 per square foot. The property is available for occupancy starting May 16, 2023. Showings are strictly by appointment only, after 7:00 PM on weekdays and anytime on weekends. Please do not visit the property unannounced during the work week.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucker
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2165
    Latitude
    33.8509
    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
    $1,648
    $20,720
    $13,040
    $33,760
    -
    $51,800
    $32,600
    $84,400

    Comparable in this City

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      1,080 SF

      4971 Lavista Rd

      AUTO REPAIR, GARAGE
      4971 Lavista Rd, Tucker, GA 30084-4437
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      6,800 SF

      4170 Lawrenceville Hwy

      AUTO REPAIR, GARAGE
      4170 Lawrenceville Hwy, Tucker, GA 30084-4715
      View Details
    • Value Estimation
      $690,000
      9,461 SF

      2064 Northlake Pkwy

      AUTO REPAIR, GARAGE
      2064 Northlake Pkwy, Tucker, GA 30084-7074
      View Details
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      2,190 SF

      2288 4th St

      AUTO REPAIR, GARAGE
      2288 4th St, Tucker, GA 30084-4717
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    • Value Estimation by Request
      4,121 SF

      4410 Hugh Howell Rd

      AUTO REPAIR, GARAGE
      4410 Hugh Howell Rd, Tucker, GA 30084-4905
      View Details

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      Prime Commercial Property in Tucker

      High-visibility commercial property with existing tenants and development potential.
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    • Contact for pricing
      2,100 SF

      Free Standing Auto Repair Facility

      2,100 SF auto repair facility adjacent to Downtown Tucker.
      2262 Township Ln, Tucker, GA 30084
      View Details
    • $1,100,000
      0.21 Acres

      Versatile Commercial Property in Tucker

      Prime commercial space with rental house in vibrant Tucker City.
      4297 Hugh Howell Rd, Tucker, GA 30084
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    Similar Nearby for Lease

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      Automotive Showroom and Service Facility

      Turn-key automotive showroom and service facility in Gwinnett County.
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      View Details
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      Tucker Corner Lot For Lease

      0.97 acre corner lot in Tucker, Georgia for lease.
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      Freestanding Restaurant in Tucker Retail

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      Northlake Power Center Retail Space

      Retail spaces available in a high-traffic power center.
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      Tucker Retail Space For Lease

      Retail space available at a signalized intersection in Tucker, GA.
      3853 Lawrenceville Hwy, Tucker, GA 30084
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      Retail Space Near Lavista Road

      Retail space available near Lavista and Briarcliff Road intersection.
      3900 Lavista Rd, Tucker, GA 30084
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    View Listing
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    2262 Township Ln
    Tucker, GA 30084
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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