EXHIBIT 13

[FRONT COVER]
                                                               abrams industries
                                                              2000 annual report
75

years
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[INSIDE FRONT COVER]

                                    Established in 1925, Abrams Industries, Inc.
                                    (the   "Company")   engages  in   commercial
BUSINESS DESCRIPTION                construction and real estate  investment and
                                    development   through   its   wholly   owned
                                    subsidiaries.   Abrams  Construction,   Inc.
                                    builds and renovates retail stores, shopping
                                    centers,   distribution  and   manufacturing
                                    facilities,  and  engages in other  types of
                                    commercial construction.  Abrams Properties,
                                    Inc.   currently  controls  over  2  million
                                    square  feet  of  shopping  centers  in  the
                                    Midwest  and  Southeast  and   approximately
                                    200,000 square feet of office  properties in
                                    metropolitan Atlanta, Georgia.





TABLE OF CONTENTS


Annual Meeting and Other Information.......IFC

Letter to Shareholders.......................1

Summary Financial Data.......................2

Form 10-K....................................3

Directors, Officers and Directory...........40


                                    The Annual Meeting of Shareholders of Abrams
                                    Industries,  Inc.  will be held at 4:00 p.m.
 ANNUAL MEETING                     on  Wednesday,   August  23,  2000,  at  the
 INFORMATION                        Corporate  Headquarters,  1945 The Exchange,
                                    Suite 300, Atlanta, Georgia.




                                    SunTrust  Bank
TRANSFER AGENT                      Post Office Box 4625
                                    Atlanta, Georgia 30302

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[75
years - appears on printed version as a graphic]



DEAR FELLOW SHAREHOLDERS:


Twelve  months ago, we entered our 75th year,  Fiscal 2000,  facing  significant
challenges. Although our core Construction Segment had recorded over a decade of
uninterrupted   earnings  growth,   and  despite  our  diversified  Real  Estate
investment  portfolio having produced cash flows at steadily  increasing levels,
Abrams Industries'  shareholder value consistently failed to grow in relation to
the overall stock market. Poor corporate clarity, excess balance sheet leverage,
and years of inconsistent earnings growth restrained our stock's performance. In
June 1999, we determined  that in order to unlock the per share price, we had to
begin to  eliminate a structural  barrier in the mix of our assets.  Accordingly
the Board of Directors  commenced  an in-depth  investigation  of strategic  and
financial alternatives that might be available.



In connection with that investigation:

*   During the third  quarter,  we decided to  discontinue  the  operations  and
    liquidate the assets of the  Company's  fifty-three  year-old  Manufacturing
    Segment. The implementation of the plan of liquidation resulted in a pre-tax
    charge to  earnings of  approximately  $2,750,000.  The Company  disposed of
    substantially all of its manufacturing  assets prior to the fiscal year end,
    April 30, 2000.
*   Proceeds from the eminent  domain  conveyance  of the Company's  former wood
    manufacturing  facility  in  downtown  Atlanta,  and  from  the  sale of the
    Company's  former  manufacturing  headquarters  facility in Douglas  County,
    Georgia, were used in the reduction of the Company's interest rate sensitive
    debt,  which was  decreased  by  approximately  52% by fiscal year end.
*   We streamlined  our real estate strategy by entering into a letter of intent
    to outsource the asset management and property  management  functions of our
    commercial real estate portfolio,  and shifted our strategic focus away from
    operating  activities to a  concentration  on the  investment  nature of our
    portfolio of assets.
*   Throughout  the year,  we focused on improving  the quality of  construction
    revenues.

Also, we  strengthened  your  Company's  Board of Directors with the addition of
three new outside  directors:  David L.  Abrams,  an  attorney  with the firm of
Sutherland Asbill & Brennan LLP, Gilbert L. Danielson, Executive Vice President,
Chief  Financial  Officer  and  Director  of Aaron  Rents,  Inc.,  and Robert T.
McWhinney,  Jr.,  President  and  Chief  Executive  Officer  of Stone &  Webster
Management  Consultants,  Inc.;  and two new key  inside  directors:  Melinda S.
Garrett, our Chief Financial Officer,  and B. Michael Merritt,  President of the
Construction  Segment. The Board is now comprised of five inside and six outside
directors.


HERE ARE A FEW OPERATING HIGHLIGHTS FROM FISCAL 2000:
*   Lower volume from a key customer early in the year and a renewed emphasis on
    improving  revenue quality led to a decline in sales and profits at our core
    Construction Segment.  Perhaps validating the truism that sometimes you have
    to contract before you can expand,  however,  Abrams  Construction ended the
    year with solid  earnings  in the fourth  quarter and a record  backlog,  up
    approximately 32% from a year ago.
*   As a consequence of our analysis of strategic alternatives,  the Real Estate
    Segment sold its  award-winning  Abrams  Riverside  manufacturing  facility,
    which the Company developed and constructed two years earlier,  at a pre-tax
    gain of approximately $2.4 million,  or approximately 28% above our net book
    value.
*   When the decision was made several  years ago to relocate our  manufacturing
    headquarters to the Abrams  Riverside  facility,  the Company elected not to
    sell the former wood manufacturing  facility at prices offered at that time.
    The Company instead  believed the ongoing growth of Atlanta would lead to an
    increase in demand for existing  downtown  properties,  and thus over time a
    much higher  valuation could be realized.  That strategy proved correct,  as
    the  building  was  conveyed  to the State of Georgia  this year  through an
    eminent   domain   proceeding  for  $4.5  million  cash.  We  are  deferring
    recognition of the resulting pre-tax gain of approximately $2.8 million,  or
    176% above our depreciated basis, pending resolution of legal appeals of the
    awarded valuation by both the State and the Company.
*   For the year ended April 30,  2000,  inclusive of gains  recognized  on real
    estate  sales,  we recorded  net  earnings  from  continuing  operations  of
    $2,367,190  compared to a net loss from  continuing  operations of $39,599 a
    year  ago.  Revenues  from  continuing   operations  increased  slightly  to
    $174,579,492,  up from $172,201,090 for the same period last year. Inclusive
    of discontinued operations and extraordinary expenses,  there was a net loss
    of $456,605 in 2000 compared to a net loss of $676,031 in 1999.
<PAGE>

WE ENTER OUR 76TH YEAR, FISCAL 2001, WITH CONFIDENCE, STRENGTH AND MOMENTUM.
Overall,  our Company is now leaner and more efficient,  and well positioned for
growth,  profitability  and  success.  In order to create  new  growth,  we will
continue to examine available  business  opportunities  that are tightly focused
within our core competencies.  We expect to continue to refine corporate clarity
and to look for ways to manage and reduce our overall  administrative  expenses.
We are optimistic  about our prospects in the new  millennium,  and have a clear
understanding about what we must accomplish in order to obtain consistent growth
in shareholder value.



Sincerely,



/s/ Alan R. Abrams                           /s/ J. Andrew Abrams
Alan R. Abrams                               J. Andrew Abrams
Co-Chairman of the Board                     Co-Chairman of the Board
President and Chief Executive Officer





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[75
years  - appears on printed version as a graphic]

      SUMMARY FINANCIAL DATA*

<TABLE>
<CAPTION>
                                          Years Ended                                Years Ended
                                           April 30,                                  April 30,
                                    ---------------------            %          ---------------------            %
                                    2000              1999         CHANGE       1999             1998         CHANGE
---------------------------------------------------------------------------------------------------------------------
<S>                              <C>              <C>                <C>      <C>              <C>                <C>
Revenues from Continuing
    Operations                   $174,579,492     $172,201,090       1        $172,201,090     $163,586,356       5
---------------------------------------------------------------------------------------------------------------------
Net Earnings (Loss) from
    Continuing Operations        $  2,367,190     $    (39,599)     N/A       $    (39,599)    $  2,694,211      N/A
---------------------------------------------------------------------------------------------------------------------
Net Earnings (Loss) per Share
    from Continuing Operations   $       0.80     $      (0.01)     N/A       $      (0.01)    $       0.92      N/A
---------------------------------------------------------------------------------------------------------------------
Cash Dividends per Share         $       0.16     $       0.20     (20)       $       0.20     $       0.19       5
---------------------------------------------------------------------------------------------------------------------
Shareholders' Equity             $ 22,346,138     $ 23,272,560      -4        $ 23,272,560     $ 24,535,863      -5
---------------------------------------------------------------------------------------------------------------------
Return from Continuing
    Operations on Average
    Shareholders' Equity                10.4%            -0.2%      N/A              -0.2%            11.5%     N/A
---------------------------------------------------------------------------------------------------------------------
</TABLE>

*For complete 5 year review, see "Item 6. Selected Financial Data" in Form 10-K.


CONSTRUCTION
                                         Total                  Operating
Years Ended April 30                   Revenues                 Earnings
-------------------------------------------------------------------------
2000                                $144,083,906               $3,147,237
-------------------------------------------------------------------------
1999                                $160,611,412               $4,084,633
-------------------------------------------------------------------------
1998                                $146,618,881               $3,506,219
-------------------------------------------------------------------------
1997                                $ 98,460,046               $3,088,094
-------------------------------------------------------------------------
1996                                $108,437,335               $2,806,030
-------------------------------------------------------------------------


Note:  Total revenues and operating  earnings  include  revenues  generated from
intercompany sources of $1,114,823, $5,026,181, $345,048, and $792,213, in 1999,
1998, 1997, and 1996, respectively.  In computing operating earnings,  allocated
parent  expenses  and income  taxes have not been  considered.  (For  additional
information, see Note 14 to Consolidated Financial Statements herein.)


REAL ESTATE

                                                               Operating
                                        Total                   Earnings
Years Ended April 30                   Revenues                 (Loss)
-------------------------------------------------------------------------
2000                                 $32,025,436              $ 4,807,481
-------------------------------------------------------------------------
1999                                 $14,202,578              $  (226,053)
-------------------------------------------------------------------------
1998                                 $22,082,012              $ 2,882,490
-------------------------------------------------------------------------
1997                                 $21,132,159              $ 1,003,370
-------------------------------------------------------------------------
1996                                 $11,473,415              $(1,261,552)
-------------------------------------------------------------------------


Note:  Total revenues and operating  earnings  include  revenues  generated from
intercompany sources of $1,576,990,  $1,485,038, and $200,615 in 2000, 1999, and
1998, respectively.  In computing operating earnings,  allocated parent expenses
and income taxes have not been considered. (For additional information, see Note
14 to Consolidated Financial Statements herein.)

                                       2

<PAGE>

FOUNDER
ALFRED R. ABRAMS
(1899-1979)

CHAIRMAN EMERITUS
BERNARD W. ABRAMS

BOARD OF DIRECTORS
      ALAN R. ABRAMS (E)
      Co-Chairman of the Board
      Chief Executive Officer and President
      Abrams Industries, Inc.

      J. ANDREW ABRAMS (E)
      Co-Chairman of the Board
      Vice President - Business Development
      Abrams Industries, Inc.

      EDWARD M. ABRAMS (E)
      Chairman of the Executive Committee
      Abrams Industries, Inc.

      DAVID L. ABRAMS
      Attorney
      Sutherland Asbill & Brennan LLP

      GILBERT L. DANIELSON (A)
      Executive Vice President, Chief Financial Officer
      Aaron Rents, Inc.

      MELINDA S. GARRETT (E)
      Chief Financial Officer
      Abrams Industries, Inc.
      Chief Financial Officer, Vice President
      Abrams Properties, Inc.

      PAULA LAWTON BEVINGTON (A) (C)
      Chairman
      Servidyne Systems, Inc.

      ROBERT T. MCWHINNEY, JR. (C)
      President, Chief Executive Officer
      Stone & Webster Management Consultants, Inc.

      B. MICHAEL MERRITT (E)
      President
      Abrams Construction, Inc.

      L. ANTHONY MONTAG (C)
      Chief Executive Officer
      A. Montag & Associates, Inc.

      FELKER W. WARD, JR. (A) (C)
      Chairman of the Board
      Pinnacle Investment Advisors, Inc.


Committees:

E-Executive

A-Audit

C-Compensation


OFFICERS OF ABRAMS INDUSTRIES, INC. AND SUBSIDIARIES
      Alan R. Abrams
      J. Andrew Abrams
      Gerald T. Anderson II
      Janis H. Fowler
      Melinda S. Garrett
      George W. Hodges, Jr.
      B. Michael Merritt
      James D. O'Donnell
      Rick A. Paternostro
      Brennon E. Smith
      Thomas F. Stock


PARENT COMPANY
ABRAMS INDUSTRIES, INC.
      1945 The Exchange
      Suite 300
      Atlanta, Georgia 30339-2029
      (770) 953-0304
      (770) 953-9922 (FAX)
      www.abramsindustries.com


CONSTRUCTION SEGMENT
ABRAMS CONSTRUCTION, INC.
      1945 The Exchange
      Suite 350
      Atlanta, Georgia 30339-2029
      (770) 952-3555
      (770) 952-4010 (FAX)
      www.aciatl.com


REAL ESTATE SEGMENT
ABRAMS PROPERTIES, INC.
      1945 The Exchange
      Suite 400
      Atlanta, Georgia 30339-2029
      (770) 953-1777
      (770) 953-9922 (FAX)
      www.abramsproperties.com




<PAGE>
[INSIDE BACK COVER]




                               In Appreciation of

                               Bernard W. Abrams

                               Chairman Emeritus



Mr.  Bernard W.  Abrams,  Abrams  Industries'  Chairman  Emeritus  and long time
leader,  retired  as a  Director  of the  Company  this  year  after 47 years of
service, on his 75th birthday, January 21, 2000.

Bernie was born in 1925 in West Palm Beach,  Florida, as the first son of Alfred
R. Abrams  (1899-1979),  our Company  founder.  A graduate of the United  States
Military  Academy,  Bernie bravely served his country in peace and in war in the
United States Army, before joining the Company in 1952. Mr. "B.W." has helped to
lead our Company with  distinction  and integrity for almost five decades,  as a
Director,  as Chairman  of the Board and Chief  Executive  Officer  from 1972 to
1995,  as  Chairman  of the  Executive  Committee  from  1995 to 1998,  and most
recently as Chairman Emeritus.

The Board of Directors of Abrams  Industries,  Inc., for itself and representing
the shareholders  and past and present  employees,  expresses our  gratefulness,
admiration  and highest  regard for our  "Chief,"  Bernard W.  Abrams,  soldier,
businessman, community leader and our friend.

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[BACK COVER]


                              [LOGO APPEARS HERE]

                            ABRAMS INDUSTRIES, INC.
                             CORPORATE HEADQUARTERS
                               1945 The Exchange
                                   Suite 300
                          Atlanta, Georgia 30339-2029
                                 (770) 953-0304
                               FAX (770) 953-9922
                            www.abramsindustries.com