Commercial Land with Highway
For Sale
$1,200,000
11560 Veterans Memorial Highway, Douglasville, GA 30134
General commercial zoning and a position along US-78 support a range of commercial development possibilities.
Property Size3,792 SF
Price / SF$316.46
Days on Market938
Property Features for 11560 Veterans Memorial Highway
General Information
Standard status
Active
Size
3,792 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
GC -
Taxes and HOA fees
Annual Taxes
$4,486
Building Details
Building Size
3,792 SF
Year Built
1987
Buildings
1
Listing Agency:
BHHS Georgia Properties
(770) 421-8600
Listed By:
Willie Smith · License #405521
(404) 966-0336
Source:
Connersmithrealty
Added: Apr 2, 2024
Changed: Oct 25
Last Checked: Oct 26 at 3:54AM
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 BHHS Georgia Properties
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Investment Insights
Based on property information with market context.
This 7.46-acre commercial land parcel in Douglasville includes 899 feet of frontage on US-78, with an indicated daily traffic count of 11,200 vehicles. The site has rolling terrain, remnants of a former car wash, and a 200-foot well. Zoning is listed as GC - for general commercial use.
An active railroad runs adjacent to the property. The parcel is addressed on Veterans Memorial Highway in Douglasville, Georgia.
An active railroad runs adjacent to the property. The parcel is addressed on Veterans Memorial Highway in Douglasville, Georgia.
Key Highlights
- 7.46‑acre commercial land parcel
- 899 feet of frontage on US‑78
- Displays to 11,200 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,939
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,218,780
$1.2M
Cap Rate 7%
$870,557
$870.6K
Cap Rate 9%
$677,100
$677.1K
Market Conditions
NOI Build-Up for 3,792 SF
Gross rent
$87.4K $23.04/SF
− Vacancy
−$6.1K −$1.61/SF
EGI
$81.3K $21.43/SF
− OpEx
−$20.3K −$5.36/SF
NOI
$60.9K $16.07/SF
Area
Douglas County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,218,780
Cap Rate 7%
$870,557
Cap Rate 9%
$677,100
Alternative Uses
Best Use
Specialty Retail
$870.6K
$761.7K – $1.02M
NOI $60,939 @ 7.0% cap · market cap 5.08%
Second Best
Retail
$761.9K
$666.7K – $888.9K
NOI $53,336 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.06M
$927.5K – $1.24M
NOI $74,201 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - General commercial zoning and a position along US-78 support a range of commercial development possibilities.
Where is this commercial land located?
The property is located at 11560 Veterans Memorial Highway Douglasville, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7.46‑acre commercial land parcel; 899 feet of frontage on US‑78; Displays to 11,200 vehicles per day
