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    Property profile & analytics

    6957 Hwy 92 Woodstock, GA 30189-3452

    • Auto shops
    • 8,226 SF
    • 0.48 lot acres
    OFF-MARKET
    Last Sale
    Feb 20, 2024
    $650,000
    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1057140
    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

    • Auto shops

    Property Details for 6957 Hwy 92

    Year built
    1989
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.48 lot acres
    Property size
    8,226 SF
    Zone code
    GC
    Property type
    Auto shops
    APN
    15N06D 059
    APU
    15N06D059

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $650,000
      ML approach
      $650,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $542,000
      Market price range: $477k - $2.64M

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.5721
    Latitude
    34.0874
    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
    $3,060
    $83,600
    $32,835
    $116,435
    -
    $209,000
    $82,087
    $291,087

    Comparable in this City

    • Value Estimation
      $505,000
      18,000 SF

      117 Dixie Ct

      AUTO REPAIR, GARAGE • 18,000 SF
      117 Dixie Ct, Woodstock, GA 30189-7279
      View Details
    • Value Estimation by Request
      12,000 SF

      6406 Bells Fry Rd

      AUTO REPAIR, GARAGE • 12,000 SF
      6406 Bells Fry Rd, Woodstock, GA 30189-8175
      View Details
    • Value Estimation by Request
      6,360 SF

      8615 Hwy 92

      AUTO REPAIR, GARAGE • 6,360 SF
      8615 Hwy 92, Woodstock, GA 30189-3693
      View Details
    • Value Estimation by Request
      9,000 SF

      7853 Hwy 92

      AUTO REPAIR, GARAGE • 9,000 SF
      7853 Hwy 92, Woodstock, GA 30189-3597
      View Details
    • Value Estimation by Request
      3,600 SF

      509 Industrial Dr

      AUTO REPAIR, GARAGE • 3,600 SF
      509 Industrial Dr, Woodstock, GA 30189
      View Details
    • Value Estimation
      $715,000
      15,412 SF

      2010 Eagle Dr

      AUTO REPAIR, GARAGE • 15,412 SF
      2010 Eagle Dr, Woodstock, GA 30189-6993
      View Details

    Similar Nearby for Sale

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      Freestanding Retail/Office/Flex Building For Sale

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      100% leased retail center with high-traffic location and anchor.
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    • $900,000
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      Woodstock Storefront on High-Traffic Road

      0.96-acre commercial property with 3,550+/- square-foot building in Woodstock.
      6449 Bells Ferry Rd, Woodstock, GA 30189
      View Details
    • $2,100,000
      6.04 Acres

      Level Lot on Bells Ferry

      Cleared 6.04-acre lot with utilities in Woodstock, Georgia.
      6400 Bells Ferry Rd, Woodstock, GA 30189
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    • $360,000
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      Woodstock Warehouse: Prime Industrial Lot

      31,406 SF Warehouse; Buildable Lot
      540 Industrial Dr, Woodstock, GA 30189
      View Details
    • New
      $350,000
      Pending

      Residential Lot with Lake Access

      Gently sloping residential lot with permitted dock and boat slip.
      209 Little Victoria Rd, Woodstock, GA 30189
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    Similar Nearby for Lease

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      5,040 SF

      Retail Space in Towne Lake

      Retail property in Woodstock's Towne Lake community available for lease.
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      Retail Space in Woodstock Square

      Premier shopping destination with national retailers and beauty services.
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      399,569 SF

      Woodstock Square Retail Center

      Georgia Power Center: 3,500 SF Available
      120-142 Woodstock Square Ave, Woodstock, GA 30189
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    • Contact for pricing
      218,859 SF

      Woodstock Square Retail Space

      Prime Woodstock Retail, 3,500 SF Available
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    • Contact for pricing
      14,450 SF

      Prime Woodstock Office Space

      Executive Suites, 3,155 sq ft Available
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    • Contact for pricing
      17,500 SF

      Woodstock Retail Center: Prime Location

      17,500 SF Retail Space Available in Woodstock, GA
      200 Parkbrooke Dr, Woodstock, GA 30189
      View Details
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    6957 Hwy 92
    Woodstock, GA 30189-3452
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    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
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