3849 Panola RdStonecrest, GA 30038
- Retail properties
- 2,356 SF
Property Details for 3849 Panola Rd
- Year built
- 2019
- Lot size
- 1.24 AC
- Property size (Sq ft)
- 2,356 SF
- Zone code
- C1
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 16 020 01 013
- APU
- 1602001013
Description
This exceptional investment opportunity presents a fully operational, three-bay auto and tire shop ideally situated in Stonecrest, Georgia. The property encompasses a 1.24-acre lot with a 2,356 square foot main building constructed in 2019, boasting 168 feet of road frontage on Panola Road. The shop features three bays with overhead doors, facilitating easy access for vehicle servicing. Included in the sale is a substantial amount of equipment, including a large lift, wheel alignment machine, and two tire changing machines. Beyond the main building, the property includes two additional 900 square foot shops, perfect for storage or expansion, constructed on concrete slabs. A fenced perimeter enhances security and privacy. The interior comprises a well-appointed office area with a lobby, bathroom, and ample storage space. A smaller shed provides additional storage capacity. The property is zoned C1, allowing for versatile commercial use. Its prime location offers convenient access to Highway 212 and Panola Road, with close proximity to Highway 20 and Snapfinger Road, ensuring high visibility and accessibility. The area is characterized by a thriving commercial landscape, including numerous retail outlets, restaurants, and automotive businesses. The nearby Stonecrest Mall and recent residential developments contribute to a strong customer base. This turnkey operation is ready for immediate occupancy and presents a rare opportunity for a savvy investor or owner-operator. The asking price is $1,995,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $744,143
- 6.5%
- $686,901
- 7%
- $637,837
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,158,095
- Geo Method
- $1,158,095
-
Alternative Use
- Use
- Valuation
- Residential
- $579,427
- Hospitality
- $530,752
- Educational
- $441,579
- Medical
- $456,766
- Retail
- $686,901
Location Insight
- City
- Lithonia
- County
- Dekalb
- State
- Georgia
- Latitude
- 33.6722
- Longitude
- -84.1796
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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