2385 Peachtree Pkwy Cumming, GA 30041-7227
Property profile & analytics
2385 Peachtree Pkwy Cumming, GA 30041-7227
- Auto shops
- 4,926 SF
- 1.01 lot acres
Property ID
US22-1049638
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.
Location Intelligence
Current Use by Public Records
- Express Oil Change & Tire Engineers / Auto Repair Shop
Property Details for 2385 Peachtree Pkwy
- Year built
- 2017
- Lot size
- 1.01 lot acres
- Property size
- 4,926 SF
- Zone code
- CBD
- Property type
- Auto shops
- APN
- 112 013
- APU
- 112013
Description
This exceptional investment opportunity presents a 4,728 square foot Express Oil Change & Tire Engineers located at 2385 Peachtree Pkwy, Cumming, GA 30041. The property, built in 2007 and situated on 1.01 acres, benefits from a new 20-year absolute triple-net (NNN) lease commencing December 10, 2023, and expiring December 9, 2043. The lease includes four 5-year renewal options and attractive 10% rent increases every five years, ensuring consistent income growth. The tenant, Express Oil Change & Tire Engineers, is backed by a corporate guarantee from Mavis Express Services TopCo Corp., a highly reputable company with over 1,100 locations. This prime location boasts exceptional visibility on Peachtree Pkwy (26,000+ vehicles per day) with convenient ingress and egress. The property is an outparcel to a Walmart Supercenter and adjacent to a Target and Home Depot, drawing a combined 2.9 million annual visits. Cumming, GA, is an affluent suburb of Atlanta with a strong average household income of $194,193 within a 3-mile radius and projected 13.5% population growth by 2027. The property generates a Net Operating Income (NOI) of $200,000, resulting in a 5.65% cap rate. This is a fee-simple ownership opportunity with a 100% occupancy rate. The asking price is $3,540,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,015,000
- ML approach
- $2,960,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,832,000
Market price range: $768k - $3.01M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.1764
- Latitude
- 34.1011
- 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
$13,894
$484,800
$81,784
$566,584
-
$1,212,000
$204,460
$1,416,460
