Corner Parcel in Downtown
12081 Veterans Memorial Hwy, Douglasville, GA
For Sale
$625,000
4,588-SF building zoned HI-Heavy Industrial, suitable for flex industrial/retail.
Property Size4,588 SF
Price / SF$136.22
Days on Market218
Property Features for 12081 Veterans Memorial Hwy
General Information
Standard status
Size
Taxes and HOA fees
Annual Taxes
Listing Agency:
Coldwell Banker Commercial Metro Brokers
Listed By:
Kris Holt · License GA #293205
(404) 495-8915
Source:
Exprealty
Added: Apr 8
Changed: Nov 9
Last Checked: Nov 10 at 9:51AM
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 Coldwell Banker Commercial Metro Brokers
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This corner parcel is located along one of Downtown Douglasville's main corridors. It includes a 4,588-SF building and is zoned HI-Heavy Industrial. The property is suitable as a flex industrial space, featuring roll-up door access from a side street. Parking is available in the front and back of the building, with potential for retail use. The property offers easy ingress and egress from all points. It is offered to the market as an investment or for owner-occupied use. The property is currently occupied.
Key Highlights
- Prime corner parcel in Downtown Douglasville's main 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 / Yr
$27,949
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
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
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 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
$1.46M
$1.28M – $1.70M
NOI $102,131 @ 7.0% cap · market cap 16.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 4,588-SF building zoned HI-Heavy Industrial, suitable for flex industrial/retail.
Where is this flex space located?
The property is located at 12081 Veterans Memorial Hwy 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 in Downtown Douglasville's main corridor.; Zoned HI‑Heavy Industrial, offering versatile usage options.; 4,588‑SF building suitable for flex industrial or retail.**
