Flex Space with Roll-Up
For Sale
$695,000
12081 Veterans Memorial Highway, Douglasville, GA 30134
Commercial Sale, Douglasville, GA
Property Size4,588 SF
Lot Size0.30 Acres
Price / SF$151.48
Days on Market349
Property Features for 12081 Veterans Memorial Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Level
Directions
GPS Friendly
Standard status
Active
APN
0825182A008
Size
4,588 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
1034
Utilities
Utilities
Electricity Available
Building Details
Year built
1964
Building materials
Block
Listing Agency:
Keller Williams Realty
(678) 631-1700
Listed By:
Thomas Holt
(404) 518-0114
Added: Oct 1, 2025
Changed: Aug 19
Last Checked: Sep 14 at 2:06AM
MLS# 10616268
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,588-square-foot flex property occupies a 0.3-acre corner parcel and was built in 1964 with block construction. A roll-up door provides access from the side street, while parking is available both in front of and behind the building. The HI-Heavy Industrial zoning accommodates the property’s industrial profile, with potential for suitable retail use also identified.
The property sits along one of Downtown Douglasville’s main corridors at 12081 Veterans Memorial Highway. Its corner position provides ingress and egress from multiple directions, and electricity is available. The building is currently occupied and may suit an investment or owner-occupied acquisition.
The property sits along one of Downtown Douglasville’s main corridors at 12081 Veterans Memorial Highway. Its corner position provides ingress and egress from multiple directions, and electricity is available. The building is currently occupied and may suit an investment or owner-occupied acquisition.
Key Highlights
- 4,588‑square‑foot building on a 0.3‑acre corner parcel
- HI‑Heavy Industrial zoning
- Roll‑up door access from the side street
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
4.02%
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 4.02%
Second Best
Flex RnD
$382.1K
$334.3K – $445.8K
NOI $26,745 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,777 @ 7.0% cap · market cap 12.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - HI-Heavy Industrial-zoned property with parking, side-street access, and potential for suitable retail use.
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 $695,000.
What are key features of this property?
This property features: 4,588‑square‑foot building on a 0.3‑acre corner parcel; HI‑Heavy Industrial zoning; Roll‑up door access from the side street
