8326 Tara BlvdJonesboro, GA 30236

  • Retail properties
  • 9,064 SF
For Sale
$2,400,000 View listing

Property Details for 8326 Tara Blvd

Year built
1987
Lot size
1.01 AC
Property size (Sq ft)
9,064 SF
Zone code
C
Property type
Retail properties
Property subtype
Auto shops
APN
13-239D- A-004
APU
13239DA004

Description

This exceptional commercial property, situated at 8326 Tara Boulevard in Jonesboro, Georgia, presents a unique investment opportunity. Spanning 18,124 square feet across two floors (9,064 sq ft each), this building is currently utilized as an automotive collision center, boasting a 34-year history and strong reputation for quality workmanship. Constructed from durable precast concrete, the building features an impressive 88-foot span width with a 44-foot center support, offering significant flexibility for redesign and repurposing to suit a variety of business needs. Internal stairwells connect the two floors, and restrooms are conveniently located on both levels. The property sits on a 1.01-acre lot. This offering also includes the potential acquisition of adjacent parcels containing a duplex and a single-family residence, currently generating rental income. These additional properties could serve as employee housing, management perks, or simply provide supplemental income streams. The sale of these adjacent properties is separate from the main building. Interested parties should refrain from contacting occupants at the property regarding the sale. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,694,743
    6.5%
    $1,564,378
    7%
    $1,452,637
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,455,420
    Geo Method
    $4,455,420
  • Alternative Use

    Use
    Valuation
    Residential
    $1,319,612
    Hospitality
    $1,208,757
    Educational
    $1,005,672
    Medical
    $1,040,258
    Retail
    $1,564,378
8326 Tara Blvd, Jonesboro, Georgia

Location Insight

City
Jonesboro
County
Clayton
State
Georgia
Latitude
33.5259
Longitude
-84.3625
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
2024
$12,607
$52,800
$270,360
$323,160
-
$132,000
$675,900
$807,900

FAQs

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