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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Automotive properties
6740 Oakley Industrial Blvd Union City, GA 30291-5125
Entity Owned
7-yr Hold
Free & Clear
Property ID
US22-4355220
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2001
Total area
12,818 SF
Lot
3.5 ac (152,460 SF)
Zoning code
M1
APN
09F140000611201
UPID
US22-4355220
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
-
Carvana Union City Car Dealership
-
Cobra Kai: LaRusso Auto Group Cultural Landmark
-
Atlanta Motors Superstore Car Dealership
-
Gravity Autos South Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Simba Relaty LLC · 7 yrs held
Simba Relaty LLC
since 2019
2 recorded transactions
Zoning & alternative use
M1 · Union City, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$63 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,065
Tax year 2023
Assessed value
$640,000
Assessed 2023
Previous assessed
$640,000
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$247,520
Assessed improvement
$392,480
Land market value
$618,800
Improvement market value
$981,200
Total market value
$1,600,000
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2001
Heating
NONE
Stories
1
Total area
12,818 SF
Lot
3.5 ac (152,460 SF)
Zoning code
M1
APN
09F140000611201
UPID
US22-4355220
Jurisdiction
FULTON
Zoning & alternative use
M1 · Union City, GA
Zoning M1 · permitted uses
M1 · Union City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Stories
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
Simba Relaty LLC
Entity
Free & Clear · 7 yrs held
Mailing address
3740 DAVINCI CT STE #350, NORCROSS, GA 30092-7614
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2019
$1,500,000
Simba Relaty LLC
Ssc Realty 2 LLC
Grant Deed
—
Jun 16, 2008
$2,300,000
Ssc Realty 2 LLC
Infiniti Of Union City LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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