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Mixed-Use Building with Private Rooms
New
For Sale
$649,000

12337 Veterans Memorial Highway, Douglasville, GA 30134

Interior spaces include a reception area, open workspace, private rooms, an office, a kitchen area and two restrooms.

Property Size1,900 SF
Price / SF$218.67
Days on Market5

Property Features for 12337 Veterans Memorial Highway

General Information

Standard status Active
Size 1,900 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Amenities

0.07 acres, Level
Public Sewer
Parcel Number: 0017015E004, Annual Amount: $8,970, Year: 2025
Central Air, Electric
Central
Listing ID: 10872817, Standard Status: Active, MLS Status: New, On market as of 2026-10-14, 1 day on market, Special Conditions: As Is, Historic
On Street
Built in 1900, Construction Materials: Brick
County/Parish: Douglas
Resale
Electricity Available, High Speed Internet, Phone Available, Water Available, Water Source: Public
Close Of Escrow

Building Details

Building Size 1,900 SF
Year Built 1900
Buildings 1
Listing Agency: Landmark Commercial & Residential
Listed By: Eric Yang · License #292628
Source: Blackstreaminternational
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 1:59PM

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 Landmark Commercial & Residential

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Investment Insights

Based on property information with market context.

This 2,968-square-foot mixed-use building was constructed in 1900 and is currently vacant. Its interior includes a reception area, open space, multiple private rooms, an office, a kitchen area and two restrooms. Bathroom improvements and a newer HVAC system are among the building’s updates.

The property is on Veterans Memorial Highway (US-78) in the historic downtown commercial district of Douglasville.

Key Highlights

  • 2,968‑square‑foot mixed‑use building
  • Interior includes reception, open space, multiple private rooms, an office and kitchen area
  • Two restrooms; bathroom upgrades and newer HVAC system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,746
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$834,920 $834.9K
Cap Rate 7%
$596,371 $596.4K
Cap Rate 9%
$463,844 $463.8K
Market Conditions
NOI Build-Up for 2,968 SF
Gross rent
$65.2K $21.96/SF
− Vacancy
−$5.5K −$1.87/SF
EGI
$59.6K $20.09/SF
− OpEx
−$17.9K −$6.03/SF
NOI
$41.7K $14.07/SF
Area
Douglas County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$834,920
Cap Rate 7%
$596,371
Cap Rate 9%
$463,844

Alternative Uses

Best Use
Retail
$596.4K
$521.8K – $695.8K (±1% cap)
NOI $41,746 @ 7.0% cap · market cap 6.43%
Second Best
Mixed Use
$515.2K
$450.8K – $601.0K (±1% cap)
NOI $36,061 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$829.7K
$726.0K – $968.0K (±1% cap)
NOI $58,077 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Parking Lot & Garage Electrical Service Daycare Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Interior spaces include a reception area, open workspace, private rooms, an office, a kitchen area and two restrooms.
Where is this mixed-use property located?
The property is located at 12337 Veterans Memorial Highway Douglasville, GA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 2,968‑square‑foot mixed‑use building; Interior includes reception, open space, multiple private rooms, an office and kitchen area; Two restrooms; bathroom upgrades and newer HVAC system
More about this property
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