270 Fairview RdEllenwood, GA 30294

Property Details for 270 Fairview Rd

Year built

1992

Construction

STEEL FRAME

Lot size

0.83 AC

Property size (Sq ft)

2,100 SF

Zone code

C1

Property type

Retail properties

Property subtype

Auto shops

APN

025-01030001

APU

2501030001

Description

This exceptional investment opportunity presents a portfolio of four vacant commercial buildings totaling approximately 33,000 square feet, ideally situated at 242-282 Fairview Rd, Ellenwood, GA 30294, in Henry County. Currently configured as an auto shop, this property offers significant potential for a variety of uses. The asking price is $4,350,000. The sale includes the transfer of an established NAPA franchise, adding considerable value to the acquisition. Furthermore, the new owner will inherit approximately $500,000 or more in existing inventory, providing an immediate operational advantage. Each building is currently vacant, allowing for immediate customization and occupancy by the new owner. The property's prime location in Ellenwood, Georgia offers excellent visibility and accessibility, making it an attractive proposition for both investors and owner-operators seeking a turnkey business opportunity. The substantial square footage and included inventory represent a compelling investment package in a thriving market. This is a rare chance to acquire a well-established business with significant existing assets. The property is ready for immediate development or operation, presenting a unique opportunity for significant return on investment. Detailed financial information and property specifics are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $392,648

  6.5%

  $362,444

  7%

  $336,555

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,032,258

  Geo Method

  $1,032,258

• Alternative Use

  Use

  Valuation

  Residential

  $305,735

  Hospitality

  $280,052

  Educational

  $233,000

  Medical

  $241,013

  Retail

  $362,444

Location Insight

City

Ellenwood

County

Henry

State

Georgia

Latitude

33.6195

Longitude

-84.2447

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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