890 Sleepy Hollow RdPowder Springs, GA 30127
- Retail properties
- 11,000 SF
Property Details for 890 Sleepy Hollow Rd
- Year built
- 1992
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 11,000 SF
- Zone code
- B2-0
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 246.1.4.009.0000
- APU
- 246140090000
Description
This exceptional opportunity presents a turnkey automotive body shop ideally situated in Powder Springs, Georgia. Priced at $945,000, this 11,000 square foot facility boasts a prime location at 890 Sleepy Hollow Rd, with convenient access and high visibility. The property sits on two parcels totaling two acres, encompassing a Class D building constructed in 1992. The building features five drive-in doors – three facing the street and two on the side – providing ample access for vehicles. The interior is equipped with two air conditioning units. All existing equipment is included in the sale, with a detailed list available upon request. The property is currently nearly fully occupied (97% occupancy). The permitted zoning is B-2 and R-2, offering flexibility for potential future uses. The property's APN numbers are 246140090000 and 246140080000. This is a rare chance to acquire a well-established and profitable business in a thriving market. The price per square foot is $85.91. This turnkey operation is ready for immediate income generation. Don't miss this chance to own a successful automotive business in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,420,026
- 6.5%
- $3,156,946
- 7%
- $2,931,450
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,515,310
- Geo Method
- $5,407,063
-
Alternative Use
- Use
- Valuation
- Residential
- $2,663,002
- Hospitality
- $2,439,296
- Educational
- $2,029,466
- Medical
- $2,099,262
- Retail
- $3,156,946
Location Insight
- City
- Powder Springs
- County
- Paulding
- State
- Georgia
- Latitude
- 33.8031
- Longitude
- -84.7311
- 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
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