257 Dekalb Industrial Way Decatur, GA 30030-2203
Property profile & analytics
257 Dekalb Industrial Way Decatur, GA 30030-2203
- Warehouses
- 8,250 SF
- 1.69 lot acres
Property ID
US22-1275851
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
- Neil's Restorations / Auto Repair Shop
- TRUE Automotive / Auto Repair Shop
Property Details for 257 Dekalb Industrial Way
- Year built
- 1958
- Lot size
- 1.69 lot acres
- Property size
- 8,250 SF
- Zone code
- M
- Property type
- Warehouses
- APN
- 18 008 04 006
- APU
- 1800804006
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,990,000
- ML approach
- $2,865,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,827,000
Market price range: $679k - $1.83M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $3,940,000
- OFFICE BUILDING
- $2,545,000
- AUTO REPAIR, GARAGE
- $2,180,000
- RETAIL STORES
- $1,920,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.2754
- Latitude
- 33.7835
- 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
$35,732
$109,827
$674,653
$784,480
-
$274,568
$1,686,632
$1,961,200
