Douglasville Flex Industrial/Retail
For Sale
$695,000
12081 Veterans Memorial Hwy, Douglasville, GA 30134
Corner parcel suitable for investment or owner-occupied use.
Property Size4,588 SF
Price / SF$151.48
Days on Market239
Property Features for 12081 Veterans Memorial Hwy
General Information
Standard status
Active
Size
4,588 SF
Property subtype
Industrial
Building Details
Year Built
1964
Listing Agency:
Keller Williams Realty Signature Partners
(404) 518-0114
Listed By:
Kris Holt · License #293205
(404) 518-0114
Source:
Cbcworldwide
Added: Dec 3, 2025
Changed: Jul 6
Last Checked: Apr 9 at 9:00PM
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
Investment Insights
Based on property information with market context.
Located approximately one mile from Downtown Douglasville, the property is situated at the corner of Veterans Memorial Highway and Connally Drive. The 4,588-square-foot building is zoned HI-Heavy Industrial, making it suitable for flex industrial use with potential for retail. The property features roll-up door access from the side street, with parking available in the front and back. It is easily accessible from all points. The property is offered to the market as an investment or for owner-occupied use. It is located 0.5 miles from access to Highway 92 and 1.5 miles from Interstate 20.
Key Highlights
- Prime corner parcel location on a main corridor in Downtown Douglasville
- Zoned HI‑Heavy Industrial, offering flexible usage options
- 4,588‑SF building suitable for flex industrial or retail
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.5k | $9.48 |
| − Vacancy | −$3.6k | −$0.78 |
| EGI | $39.9k | $8.70 |
| − OpEx | −$12.0k | −$2.61 |
| NOI | $27.9k | $6.09 |
4,588 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$921.9K
$806.7K – $1.08M
NOI $64,532 @ 7.0% cap · market cap 9.29%
Second Best
Industrial
$399.3K
$349.4K – $465.8K
NOI $27,949 @ 7.0% cap · market cap 4.02%
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
Property Profile
Current Use
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Corner parcel suitable for investment or owner-occupied use.
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 $695,000.
What are key features of this property?
This property features: Prime corner parcel location on a main corridor in Downtown Douglasville; Zoned HI‑Heavy Industrial, offering flexible usage options; 4,588‑SF building suitable for flex industrial or retail
