Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6740 Oakley Industrial Blvd Union City, GA 30291-5125
    Back to Search
    Property profile & analytics

    6740 Oakley Industrial Blvd, Union City, GA 30291-5125

    View on Map
    • Automotive properties
    • 12,818 SF
    • 3.50 lot acres
    Off-Market
    Property ID
    US22-4355220
    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.
    Value Estimations
    $805,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Carvana Union City / Car Dealership
    • Cobra Kai: LaRusso Auto Group / Cultural Landmark
    • Atlanta Motors Superstore / Car Dealership
    • Gravity Autos South / Car Dealership

    Property Details for 6740 Oakley Industrial Blvd

    Year built
    2001
    Lot size
    3.50 lot acres
    Zone code
    M1
    Property type
    Automotive properties
    APN
    09F140000611201
    APU
    09F140000611201

    Description

    This exceptional investment opportunity presents a 12,818-square-foot Carvana auto shop in Union City, Georgia, boasting a strong 7.50% cap rate and a substantial NOI of $241,955. Located on a 3.5-acre lot at 6740 Oakley Industrial Blvd, this property benefits from a corporate guarantee (NYSE: CVNA) and a 7-year net lease (NN) with 4.1 years remaining, including 2% annual rent bumps and option periods. Built in 2001 and renovated in 2021, the property enjoys 100% occupancy and is situated in a high-traffic area near major dealerships and industrial distribution centers, less than a mile from I-85 and Atlanta Metro Studios. The Atlanta MSA's robust growth, projected population increase, and high job creation further enhance this investment's appeal. The asking price of $3,226,072 represents a compelling $251.68 per square foot, below replacement cost. This prime location within a densely populated market offers significant long-term growth potential. The lease commenced December 20, 2021, and expires December 31, 2028, with renewal options available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Fulton
    State
    Georgia
    Longitude
    -84.5233
    Latitude
    33.569
    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
    2023
    $18,065
    $247,520
    $392,480
    $640,000
    -
    $618,800
    $981,200
    $1,600,000

    Comparable in this City

    • Value Estimation
      $2,400,000
      32,356 SF

      4025 Jonesboro Rd

      VEHICLE SALES, RENTALS
      4025 Jonesboro Rd, Union City, GA 30291-2261
      View Details
    • Value Estimation by Request
      2,250 SF

      6755 Jonesboro Rd

      VEHICLE SALES, RENTALS
      6755 Jonesboro Rd, Union City, GA 30291
      View Details
    • Value Estimation by Request
      5,302 SF

      4301 Jonesboro Rd

      VEHICLE SALES, RENTALS
      4301 Jonesboro Rd, Union City, GA 30291
      View Details
    • Value Estimation
      $1,015,000
      9,770 SF

      4115 Jonesboro Rd

      VEHICLE SALES, RENTALS
      4115 Jonesboro Rd, Union City, GA 30291-2251
      View Details
    • Value Estimation
      $2,045,000
      21,422 SF

      4197 Jonesboro Rd

      VEHICLE SALES, RENTALS
      4197 Jonesboro Rd, Union City, GA 30291-2265
      View Details
    • Value Estimation
      $3,735,000
      112,220 SF

      4310 Jonesboro Rd

      VEHICLE SALES, RENTALS
      4310 Jonesboro Rd, Union City, GA 30291-2002
      View Details

    Similar Nearby for Sale

    • $5,455,900

      Union City DriveTime Investment

      NNN leased DriveTime on 4.72 acres near I-85.
      4295 Jonesboro Rd, Union City, GA 30291
      View Details
    • $30,000
      0.67 Acres

      I-85 Commercial Land Opportunity

      Unimproved commercial land along I-85, minutes from downtown Atlanta.
      I-85, Union City, GA 30291
      View Details
    • Contact for pricing
      12,014 SF

      Dollar General Investment Opportunity

      Dollar General property for sale, publicly traded company.
      6641 Roosevelt Hwy, Union City, GA 30291
      View Details
    • Contact for pricing
      1,300 SF

      Union City Retail Investment Opportunity

      Recently renovated retail property in rapidly growing Union City area.
      5037 Union St, Union City, GA 30291
      View Details
    • $980,000
      12,014 SF

      Dollar General Investment Opportunity

      NNN leased Dollar General with investment grade credit.
      6641 Roosevelt Hwy, Union City, GA 30291
      View Details
    • $2,400,000
      800 SF

      Checkers Restaurant - Union City, GA

      High-ROI Checkers Restaurant Investment
      4788 Jonesboro Rd, Union City, GA 30291
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo

      Retail Space in Union City

      Retail space available for lease in Union City, Georgia.
      6547 Roosevelt Hwy, Union City, GA 30291
      View Details
    • Contact for pricing

      Retail Center Near I-85 Exit

      100,002 SF center near I-85 and Atlanta Airport.
      4720 Jonesboro Rd, Union City, GA 30291
      View Details
    • Contact for pricing

      Retail and Office Plaza Space

      Two-story retail and office spaces available next to Super Wal-Mart.
      6740 Shannon Pkwy, Union City, GA 30291
      View Details
    • Contact for pricing

      Retail or Commercial Ground Lease

      Ground lease site available at Flat Shoals Road & Shannon Parkway.
      City Flt Shl Rd Un, Union City, GA 30291
      View Details
    • Contact for pricing
      25,500 SF

      Union City Retail Space Available

      Retail space in Union City near major retailers and airport.
      6851 Shannon Pkwy, Union City, GA 30291
      View Details
    • Contact for pricing

      Commercial Space in Union City

      Commercial space available for rent in Union City, Georgia.
      6525 Mall Blvd, Union City, GA 30291
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6740 Oakley Industrial Blvd
    Union City, GA 30291-5125
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6740 Oakley Industrial Blvd, Union City, GA, 30291
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!