Douglasville Flex Industrial/Retail
For Sale
$625,000
12081 Veterans Memorial Hwy, Douglasville, GA 30134
4,588 SF building on a corner parcel for sale.
Property Size4,588 SF
Price / SF$136.22
Days on Market211
Property Features for 12081 Veterans Memorial Hwy
General Information
Standard status
Active
Size
4,588 SF
Building Details
Year Built
1964
Listing Agency:
Keller Williams Realty Signature Partners
Listed By:
Kris Holt · License #293205
(404) 518-0114
Source:
Annakintown
Added: Mar 26
Changed: Oct 8
Last Checked: Oct 20 at 11:00PM
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
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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 / 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
$1.28M
$1.12M – $1.50M
NOI $89,777 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
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
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 on a corner parcel for sale.
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 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.
