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Property profile

808 New Franklin Rd Lagrange, GA 30240

OFF-MARKET
Auto shops
Property ID
US22-1810276
13,644 SF 3.04 ac lot Built 1993
Last sale Feb 2025 · $2,774,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 13,644-square-foot auto shop in LaGrange, Georgia, situated on a 3.8-acre lot at 808 New Franklin Rd, zip code 30240. The property is currently 100% occupied under a 20-year absolute triple-net (NNN) lease with a prominent tenant, commencing September 1, 2022, and expiring August 31, 2042. This leaves a substantial remaining lease term of approximately 17.8 years. The current annual net operating income (NOI) stands at $220,816, representing…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$392k
Assessed land$215k
Assessed improvement$177k
Effective rate5.68%

Value estimate

· Oct 2026
$1.28M
$1.15M – $1.41M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$132/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$51 – $205

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
16- CR-MX
JurisdictionTROUP

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.2
Dental Office12.2
Building Supply11.0

Location

808 New Franklin Rd Lagrange, GA 30240-1844
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2913 Pt, Lagrange, GA 30240-7541 $283,000 Apr 2024 4,100 SF
2898 Pt, Lagrange, GA 30240-8602 $220,000 Nov 2023 4,088 SF
3027 New Franklin, Lagrange, GA 30240-7705 $750,000 Apr 2023 9,000 SF
1409 New Franklin, Lagrange, GA 30240-9190 $180,000 Aug 2019 5,364 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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