2262 Township LnTucker, GA 30084

Property Details for 2262 Township Ln

Year built

1966

Construction

WOOD FRAME

Lot size

0.12 AC

Property size (Sq ft)

2,073 SF

Zone code

C2

Property type

Retail properties

Property subtype

Auto shops

APN

18 213 15 015

APU

1821315015

Description

This exceptional 2,100 square foot auto shop located at 2262 Township Ln, Tucker, GA 30084, is now available for purchase at $800,000. The property is a single-tenant retail space, ideally suited for continued automotive repair operations. The building features three bay doors, and includes existing equipment. The property boasts a strong sales history, exceeding $500,000 in annual revenue in the past year, notably without weekend operations, suggesting significant untapped potential. Major mechanical approvals are already in place, simplifying the transition for a new owner. The asking price equates to $380.95 per square foot. The property is available for occupancy starting May 16, 2023. Showings are strictly by appointment only, after 7:00 PM on weekdays and anytime on weekends. Please do not visit the property unannounced during the work week.

• CAP approach

  CAP return

  Valuation

  6%

  $654,757

  6.5%

  $604,391

  7%

  $561,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,018,986

  Geo Method

  $1,018,986

• Alternative Use

  Use

  Valuation

  Residential

  $509,827

  Hospitality

  $466,998

  Educational

  $388,537

  Medical

  $401,900

  Retail

  $604,391

Location Insight

City

Tucker

County

Dekalb

State

Georgia

Latitude

33.8509

Longitude

-84.2165

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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