890 Sleepy Hollow RdPowder Springs, GA 30127

  • Retail properties
  • 11,000 SF
For Sale
$945,000 View listing

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
890 Sleepy Hollow Rd, Powder Springs, Georgia

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

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
$2,219
$12,000
$73,108
$85,108
-
$30,000
$182,770
$212,770

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