Douglasville Flex Industrial/Retail
For Sale
$625,000
12081 Veterans Memorial Highway, Douglasville, GA 30134
4,588 SF building on a corner parcel for sale.
Property Size4,588 SF
Price / SF$136.22
Days on Market163
Property Features for 12081 Veterans Memorial Highway
General Information
Standard status
Active
Size
4,588 SF
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$1,034
Building Details
Building Size
4,588 SF
Year Built
1964
Listing Agency:
Keller Williams Realty Signature Partners
Listed By:
Kris Holt · License #293205
(404) 518-0114
Source:
Evatlanta
Added: Mar 26
Changed: Sep 3
Last Checked: Sep 4 at 12:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Signature Partners
Investment Insights
Based on property information with market context.
Located along one of Downtown Douglasville's main corridors, this property features a 4,588-SF building zoned HI-Heavy Industrial. The property is a corner parcel that offers potential for flex industrial space, with roll-up door access from the side street. Parking is available in both the front and back of the building, and the property may also be suitable for retail use. It offers easy ingress and egress from all points. The property is currently occupied and is offered to market as an investment or for owner-occupied use.
Key Highlights
- Prime corner parcel location on a main Downtown Douglasville corridor.
- Zoned HI‑Heavy Industrial, offering versatile usage options.
- 4,588‑SF building suitable for flex industrial or retail.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,949
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$558,980
$559.0K
Cap Rate 7%
$399,271
$399.3K
Cap Rate 9%
$310,544
$310.5K
Market Conditions
NOI Build-Up for 4,588 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$43.5K $9.48/SF
− Vacancy
−$3.6K −$0.78/SF
EGI
$39.9K $8.70/SF
− OpEx
−$12.0K −$2.61/SF
NOI
$27.9K $6.09/SF
Area
Douglas County, GA
Vacancy
8.20%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$558,980
Cap Rate 7%
$399,271
Cap Rate 9%
$310,544
Alternative Uses
Best Use
Industrial
$399.3K
$349.4K – $465.8K
NOI $27,949 @ 7.0% cap · market cap 4.47%
Second Best
Flex RnD
$382.1K
$334.3K – $445.8K
NOI $26,745 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,777 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30134, GA
46,874
Population
17,233
Households
2.7
Avg Household Size
35
Median Age
25%
College-Educated
90%
High-School Grad
52.1 sq mi
ZIP Area
900
Density / Sq Mi
$73,699
Median Household Income
$40,753
Median Earnings
$1,272
Median Rent
$244,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 4,588 SF building on a corner parcel for sale.
Where is this flex space located?
The property is located at 12081 Veterans Memorial Highway Douglasville, GA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Prime corner parcel location on a main Downtown Douglasville corridor.; Zoned HI‑Heavy Industrial, offering versatile usage options.; 4,588‑SF building suitable for flex industrial or retail.
