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Property profile & analytics
OFF-MARKET Estimated value $2,915,000
Warehouses

257 Dekalb Industrial Way Decatur, GA 30030-2203

8,250 SF 1.69 ac lot Built 1958
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1275851
Property summary
AI-generated overview

This exceptional investment opportunity presents a ±19,350 square foot, single-tenant auto repair facility located at 257 Dekalb Industrial Way, Decatur, GA 30030. The property, built in 1958 and extensively renovated in 2024 ($250,000 in improvements), sits on approximately 1.69 acres and includes ±40 parking spaces. The building is currently leased to True Automotive under a corporate-guaranteed, Triple Net (NNN) lease with a 15-year initial term and four 5-year renewal options. Rent increases by 10% every five years, providing excellent inflation protection. The current Net Operating Income (NOI) is $271,430, representing a 7.00% cap rate on the asking price of $3,877,572. A portion of the property (approximately 10%) is subleased for $42,000 annually, though this area lacks direct street access. This turnkey investment offers a secure, long-term income stream with a strong, established tenant in a desirable location. The property's recent renovations include a completely updated lobby, ensuring a modern and appealing space for the tenant and future growth. The lease structure, combined with the tenant's financial strength and the property's strategic location, makes this an attractive opportunity for investors seeking stable, long-term returns.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1958
Total area 8,250 SF
Lot 1.69 ac (73,529 SF)
Zoning code M
APN 18 008 04 006
UPID US22-1275851
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
  • Neil's Restorations Auto Repair Shop
  • TRUE Automotive Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.87M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$2.92M
Owner & transaction history
Radd Decatur LLC · 4 yrs held
Radd Decatur LLC
since 2022
Last sale
$2.9M
6 recorded transactions
2025
Price N/A
2025
Price N/A
2022
$2.9M
2020
$859,700
2011
$618,500
1969
Price N/A
Zoning & alternative use
M · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.9M +218.4%
Office building $2.5M +105.7%
Auto repair, garage $2.2M +76.1%
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