Technical
Financial
Distress signals
Property profile

2659 Sylvan Rd East Point, GA 30344

OFF-MARKET
Auto shops
Property ID
US22-0722047
7,990 SF 0.83 ac lot Built 1964
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional East Point, Georgia commercial property, located at 2659 Sylvan Road, presents a unique investment opportunity. The 0.826-acre lot houses a single-story, all-brick building totaling over 8000 square feet. Built in 1964, the structure boasts six bays, three equipped with hydraulic lifts and two additional lifts, ideal for automotive repair or similar businesses. A separate vehicle shed with an open metal canopy provides additional covered storage space. The property's current configuration includes a functioning auto mechanic shop and body shop, complete with a paint booth. Multiple rooms offer flexibility for office space, retail space, storage, or a customer waiting area. The property features easy ingress and egress, with multi-directional access and multiple entrance/exit doors. Its high-traffic location ensures excellent visibility and accessibility. The property is being sold "as is." This versatile property is well-suited for a variety of businesses seeking a high-volume location in a thriving area. The asking price is $595,000.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1964
Construction WOOD
Total area 7,990 SF
Lot 0.83 ac (35,981 SF)
Zoning code R2
APN 14 012400140378
UPID US22-0722047

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

2659 Sylvan Rd East Point, GA 30344-6749
East Point metro Census 11100 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R2 · East Point, GA
Zoning description

The R2 District is intended to provide land areas devoted to medium density residential uses. The District also provides for closely related uses. Land areas zoned R-2 are further intended to provide a transition between…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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