Entity Owned Property summary
This exceptional 9,000-square-foot auto shop, built in 2014, is situated on a 2.12-acre corner lot at 2800 Browns Bridge Rd, Gainesville, GA 30504. Boasting a prime location with high traffic counts, ample parking, and marquee signage, this property offers significant investment potential. The building features six drive-in garages and is currently operating as a Napa-affiliated auto repair center, holding the top ranking in the Southeast. The property is zoned GB and offers a strong NOI of $198,185, resulting in a 6.61% cap rate. The asking price is $3,150,000, translating to $333.33 per square foot. While currently tenanted as a multi-tenant operation, the seller is open to various scenarios, including a sales leaseback. This presents a unique opportunity for investors seeking a high-performing asset in a desirable location. The property's strong performance and strategic location make it an attractive investment opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store
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Car Dealership
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Standard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
G-B · Gainesville, GAStandard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Standard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for G-B in Gainesville, GA.
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