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Property profile & analytics
OFF-MARKET
Auto shops

3846 Covington Hwy Decatur, GA 30032-2602

1,417 SF 0.47 ac lot Built 1956
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US22-0631562
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-established auto shop located at 3846 Covington Highway in Decatur, Georgia. The property, built in 1956, sits on a sizable 0.47-acre lot and features a single building ideally suited for continued automotive use or potential redevelopment. Priced at $400,000, this retail property offers significant potential for return on investment. The property's convenient location in Dekalb County, Georgia, zip code 30032, provides easy access to major transportation routes and a thriving customer base. The existing structure provides ample space for various automotive services, offering immediate income potential for a new owner. The 0.47-acre lot allows for expansion or future development possibilities, catering to a range of business needs. This is a rare chance to acquire a well-positioned, established business in a desirable location. The property's history and current configuration offer a solid foundation for continued success or a fresh start for a new venture. Serious inquiries are encouraged to explore the full potential of this Decatur, Georgia commercial property. The property is classified as retail, with a subtype of auto shop and business. This presents a unique opportunity for both established businesses and new entrepreneurs looking to enter the thriving Decatur market.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1956
Construction WOOD FRAME
Total area 1,417 SF
Lot 0.47 ac (20,604 SF)
Zoning code C2
APN 15 220 06 003
UPID US22-0631562
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Good Hands Auto Services Auto Repair Shop
  • B & L Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Annak LLC · 2 yrs held
Annak LLC
since 2023
Last sale
$160,000
2 recorded transactions
2023
Price N/A
2010
$160,000
Zoning & alternative use
C2 · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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