2671 Panola Rd, Lithonia, GA 30058
For Sale
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.
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Night Owl Automotive Repair Auto Repair Shop
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Cartopia Car Wash and Oil Lube Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Lithonia, GALithonia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.