Office Unit with Display
New
For Sale
$595,000
12365 Veterans Memorial Highway, Douglasville, GA 30134
A tenant is in place, with private offices, a conference room, and an open work area.
Property Size2,400 SF
Price / SF$247.92
Days on Market7
Property Features for 12365 Veterans Memorial Highway
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Office
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,562
Amenities
lobby
receptionist window
conference room
breakroom
restrooms
floor to ceiling windows
downtown plaza access
Building Details
Building Size
2,400 SF
Year Built
1900
Tenancy
Single
Listing Agency:
Magnolia One Realty
Listed By:
JIM POLOF · License #344304
(678) 444-5601
Source:
Beacham
Added: Oct 28
Changed: Nov 1
Last Checked: Nov 1 at 3:19PM
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 Magnolia One Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this 2,400-square-foot office unit has a welcoming lobby, reception window, conference room, two private offices, and an open work area. The layout also includes a breakroom with a sink and two unisex restrooms. Floor-to-ceiling windows span the front of the space, and a rear door provides access to the downtown plaza area.
Located in Historic Downtown Douglasville, the property has street parking at the front and access to a parking deck behind the building off Church St. The plaza includes a fountain, cornhole, and ping pong. A tenant is currently in place.
Located in Historic Downtown Douglasville, the property has street parking at the front and access to a parking deck behind the building off Church St. The plaza includes a fountain, cornhole, and ping pong. A tenant is currently in place.
Key Highlights
- 2,400‑square‑foot office unit built in 1900
- Existing tenant in place
- Includes a lobby, reception window, conference room, two private offices, and an open work area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,139
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,780
$642.8K
Cap Rate 7%
$459,129
$459.1K
Cap Rate 9%
$357,100
$357.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$57.3K $23.87/SF
− Vacancy
−$14.4K −$6.02/SF
EGI
$42.9K $17.85/SF
− OpEx
−$10.7K −$4.46/SF
NOI
$32.1K $13.39/SF
Area
Douglas County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,780
Cap Rate 7%
$459,129
Cap Rate 9%
$357,100
Alternative Uses
Best Use
Office B
$459.1K
$401.7K – $535.7K
NOI $32,139 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$670.9K
$587.0K – $782.7K
NOI $46,962 @ 7.0% cap · market cap 7.89%
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
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A tenant is in place, with private offices, a conference room, and an open work area.
Where is this office unit located?
The property is located at 12365 Veterans Memorial Highway Douglasville, GA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,400‑square‑foot office unit built in 1900; Existing tenant in place; Includes a lobby, reception window, conference room, two private offices, and an open work area
