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Property profile & analytics

3846 Covington Hwy Decatur, GA 30032-2602

  • Auto shops
  • 1,417 SF
  • 0.47 lot acres
OFF-MARKET
Last Sale
Sep 14, 2023
$160,000
Value Estimations
$165,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US22-0631562
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.

Current Use by Public Records

  • Good Hands Auto Services / Auto Repair Shop
  • B & L Auto Repair / Auto Repair Shop

Property Details for 3846 Covington Hwy

Year built
1956
Construction
WOOD FRAME
Lot size
0.47 lot acres
Property size
1,417 SF
Zone code
C2
Property type
Auto shops
APN
15 220 06 003
APU
1522006003

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $165,000
    ML approach
    $120,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $173,000
    Market price range: $74.5k - $227k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Decatur
County
Dekalb
State
Georgia
Longitude
-84.2421
Latitude
33.7604
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
$2,652
$41,160
$10,880
$52,040
-
$102,900
$27,200
$130,100
More about this property
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