2659 Sylvan RdEast Point, GA 30344

Property Details for 2659 Sylvan Rd

Year built

1964

Construction

WOOD

Lot size

0.83 AC

Property size (Sq ft)

7,990 SF

Zone code

R2

Property type

Auto shops

APN

14 012400140378

APU

14012400140378

Description

This exceptional East Point, Georgia commercial property, located at 2659 Sylvan Road, presents a unique investment opportunity. The 0.826-acre lot houses a single-story, all-brick building totaling over 8000 square feet. Built in 1964, the structure boasts six bays, three equipped with hydraulic lifts and two additional lifts, ideal for automotive repair or similar businesses. A separate vehicle shed with an open metal canopy provides additional covered storage space. The property's current configuration includes a functioning auto mechanic shop and body shop, complete with a paint booth. Multiple rooms offer flexibility for office space, retail space, storage, or a customer waiting area. The property features easy ingress and egress, with multi-directional access and multiple entrance/exit doors. Its high-traffic location ensures excellent visibility and accessibility. The property is being sold "as is." This versatile property is well-suited for a variety of businesses seeking a high-volume location in a thriving area. The asking price is $595,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,557,819

  6.5%

  $1,437,986

  7%

  $1,335,273

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,927,494

  Geo Method

  $3,927,494

• Alternative Use

  Use

  Valuation

  Residential

  $1,212,995

  Hospitality

  $1,111,097

  Educational

  $924,420

  Medical

  $956,212

  Retail

  $1,437,986

Location Insight

City

East Point

County

Fulton

State

Georgia

Latitude

33.6825

Longitude

-84.419

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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