Property profile

2671 Panola Rd Lithonia, GA 30058

FOR SALE
Auto shops
Property ID
US22-0164356
9,715 SF 2 ac lot Built 2002
Trust Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving multi-tenant commercial property located at 2671 Panola Rd, Lithonia, GA 30058. The property, a Class B building constructed in 2002 and extensively renovated in 2020, boasts a substantial 9,715 square feet situated on a generous 2-acre lot (85,614 sq ft). Currently operating as a successful car wash and quick oil change center with three service bays, this established business has enjoyed 22 years of operation, generating a reported cash flow of $347,500. The property is zoned C1, allowing for a variety of uses. The building features a blend of auto shop and executive office space, making it ideal for a diverse range of tenants. The sale includes the established business and all associated assets. This multi-tenant setup provides multiple income streams, enhancing the overall return on investment. The asking price is $1,750,000, representing a compelling opportunity for a savvy investor seeking a profitable, established business with significant growth potential. The property's location east of Atlanta, just off I-20, ensures excellent visibility and accessibility. This is a turnkey operation ready for immediate ownership and continued success. The property is held under an LLC ownership structure and is offered for sale by owner.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2002
Total area 9,715 SF
Lot 2 ac (87,294 SF)
Zoning code C1
APN 16 041 04 012
UPID US22-0164356

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
  • Car Wash

Location

2671 Panola Rd Lithonia, GA 30058
Lithonia metro Census 23214 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2025
Last sale
$450,000
6 recorded transactions
2025
Price N/A
2024
Price N/A
2021
Price N/A
2020
Price N/A
2019
Price N/A
2016
Price N/A

Zoning & alternative use

C1 · Lithonia, GA
Zoning description

The purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient local retail shopping and service areas within the city for all residents

General category COMMERCIAL

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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