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    Converted Co-Working Office Space Title is generated by Realmo AI

    12461 Veterans Memorial Hwy, Douglasville, GA 30134

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    Co-working office space in Douglasville's Historic Downtown Business District.

    Type:Office
    Property size:
    15,000 SF
    Price / SF:
    $150/SF
    Added:
    Nov 20, 2025
    Days on Market:
    230
    Last Refresh:
    Jul 5 at 6:52 am

    Property Features for 12461 Veterans Memorial Hwy

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Property subtype
    Office

    We can help!

    Contact an agent
    Josh Wolfort

    Listing office Cone Commercial Real Estate

    Listing date Nov 20, 2025

    Source Crexi

    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 Cone Commercial Real Estate

    HighLights

    • Converted Co‑Working Office Space with 74 individual offices
    • Includes $75,000 worth of furniture
    • Additional +-1,000 SF separate building offers expansion possibilities
    • Prime location in the Historic Downtown Business District
    • Convenient access to I‑20, Atlanta, and Hartsfield‑Jackson International Airport
    • Amenities such as controlled access, security system, and property manager enhance tenant appeal

    Overview

    Station Loft Works is a converted co-working office space located in Douglasville, Georgia, serving as a business hub for professionals, entrepreneurs, start-ups, and small businesses. The premises features 74 individual offices and an additional approximately 1,000-square-foot separate building. The property includes conference rooms and $75,000 worth of furniture. Amenities include controlled access fenced lot, high ceilings, natural light, partitioned offices, property manager, reception area, and a security system. Situated in the Historic Downtown Business District, Station Loft Works is conveniently located within walking distance of the new Town Green and Amphitheater, Chamber of Commerce, City Hall, Douglasville Convention Center, and various restaurants and retail offerings. The property is strategically located near I-20, Atlanta, and Hartsfield-Jackson International Airport. The property size is 15,000 square feet.

    Local Financial Insights For Office B

    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 $358.1k $23.87
    − Vacancy −$90.2k −$6.02
    EGI $267.8k $17.85
    − OpEx −$67.0k −$4.46
    NOI $200.9k $13.39
    15,000 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.87M
    $2.51M – $3.35M (±1% cap)
    NOI $200,866 @ 7.0% cap · market cap 8.93%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.19M
    $3.67M – $4.89M (±1% cap)
    NOI $293,515 @ 7.0% cap · market cap 13.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Suggested Use

    Big Box & Wholesale Store Parking Lot & Garage Electrical Service Building Supply Pharmacy Furniture & Home Goods Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Douglasville
    County
    Douglas
    State
    Georgia
    Longitude
    -84.7795
    Latitude
    33.7728

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    FAQs

    What type of property is this?
    Coworking space - Co-working office space in Douglasville's Historic Downtown Business District.
    Where is this coworking space located?
    The property is located at 12461 Veterans Memorial Hwy Douglasville, GA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Converted Co‑Working Office Space with **74 individual offices**; Includes **$75,000 worth of furniture**; Additional +-1,000 SF separate building offers expansion possibilities
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Josh Wolfort
    Real Estate License ID: GA
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