2671 Panola Rd Lithonia, GA 30058
Property profile & analytics
2671 Panola Rd Lithonia, GA 30058
- Auto shops
- 9,715 SF
- 2.00 lot acres
Property ID
US22-0164356
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
- Night Owl Automotive Repair / Auto Repair Shop
- Cartopia Car Wash and Oil Lube / Car Wash
Property Details for 2671 Panola Rd
- Year built
- 2002
- Lot size
- 2.00 lot acres
- Property size
- 9,715 SF
- Zone code
- C1
- Property type
- Auto shops
- APN
- 16 041 04 012
- APU
- 1604104012
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lithonia
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.1684
- Latitude
- 33.7103
- 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
$30,584
$274,960
$345,120
$620,080
-
$687,400
$862,800
$1,550,200
