783 Lakeview Dr Rossville, GA 30741
Property profile & analytics
783 Lakeview Dr Rossville, GA 30741
- Auto shops
- 1,304 SF
- 0.36 lot acres
Property ID
US22-2791235
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.
Location Intelligence
Current Use by Public Records
- Auto shops
Property Details for 783 Lakeview Dr
- Year built
- 1950
- Construction
- STEEL FRAME
- Lot size
- 0.36 lot acres
- Property size
- 1,304 SF
- Zone code
- C-1
- Property type
- Auto shops
- APN
- 0001A133
- APU
- 0001A133
Description
This exceptional investment opportunity presents a 2,754 square foot, single-tenant auto repair facility situated on a 0.36-acre lot at 783 Lakeview Dr, Rossville, GA 30741. The property, built in 1950 and renovated in 2015, boasts a Class C rating and is currently operating under a Net Lease (NNN) agreement. The existing lease, with a single tenant, commenced December 1st, 2023, and expires December 31st, 2025, leaving 1.1 years remaining. The current annual Net Operating Income (NOI) stands at $31,200, yielding an attractive 8.32% capitalization rate. The asking price is $375,000, translating to $136.17 per square foot. The property is zoned (C1) Neighborhood Commercial District in Catoosa County, GA, and benefits from a prime location offering convenient access to East Ridge and Ringgold. The tenant is responsible for all property taxes, insurance, and maintenance, minimizing the owner's operational responsibilities. This is a turnkey investment opportunity with a strong tenant history and a high return potential. The property features one building, one story, and is 100% occupied. There are no rent bumps or lease options included in the current agreement. The property is owned by an LLC.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Rossville
- County
- Catoosa
- State
- Georgia
- Longitude
- -85.2602
- Latitude
- 34.9805
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-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
$617
$14,560
$12,982
$27,542
-
$36,400
$32,456
$68,856
