Freestanding Retail
For Sale
Contact for pricing
3150 Highway 5, Douglasville, GA 30135
C-H-zoned commercial property with expansive retail floor area and dedicated stockroom space.
Property Size22,570 SF
Price / SF$154.85
Days on Market93
Property Features for 3150 Highway 5
General Information
Standard status
Active
Size
22,570 SF
Property subtype
Retail, Industrial
Zoning
C-H
Lease Type
NNN
Additional Details
Office Build-Out
72 SF
Building Details
Year Built
1988
Year Renovated
2016
Buildings
1
Units
1
Tenancy
Single
Building Size
22,570 SF
Listing Agency:
Powell Property Group, Inc.
(706) 219-2190
Listed By:
Dennis Powell · License #GA 275704
Source:
Crexi
Added: May 30
Changed: Aug 30
Last Checked: Aug 30 at 6:11AM
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 Powell Property Group, Inc.
Investment Insights
Based on property information with market context.
Built in 1988, this freestanding retail warehouse contains 22,570 SF arranged for both customer-facing retail and back-of-house storage. The building provides 14,750 SF of open retail area, approximately 8,000 SF of stockroom space, and a 6' x 12' office, creating a practical combination of sales and support areas.
The property is located at 3150 Highway 5 in Douglasville, Georgia, within Douglas County. The county sits approximately twenty-five miles west of the Georgia State Capitol in Atlanta and thirty miles east of the Georgia-Alabama state line. Interstate 20 runs east to west through the county. The property is zoned C-H, and showings are available by appointment only.
The property is located at 3150 Highway 5 in Douglasville, Georgia, within Douglas County. The county sits approximately twenty-five miles west of the Georgia State Capitol in Atlanta and thirty miles east of the Georgia-Alabama state line. Interstate 20 runs east to west through the county. The property is zoned C-H, and showings are available by appointment only.
Key Highlights
- 22,570 SF freestanding retail warehouse building
- 14,750 SF of open retail area
- Approximately 8,000 SF of stockroom space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$317,456
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,349,120
$6.3M
Cap Rate 7%
$4,535,086
$4.5M
Cap Rate 9%
$3,527,289
$3.5M
Market Conditions
NOI Build-Up for 22,570 SF
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.
Gross rent
$495.6K $21.96/SF
− Vacancy
−$42.1K −$1.87/SF
EGI
$453.5K $20.09/SF
− OpEx
−$136.1K −$6.03/SF
NOI
$317.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,349,120
Cap Rate 7%
$4,535,086
Cap Rate 9%
$3,527,289
Alternative Uses
Best Use
Retail
$4.54M
$3.97M – $5.29M
NOI $317,456 @ 7.0% cap · market cap 9.08%
Second Best
Warehouse
$2.37M
$2.07M – $2.76M
NOI $165,683 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$6.31M
$5.52M – $7.36M
NOI $441,643 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,015
Businesses Nearby
Explore this area
Business Placement
Demographics for 30135, GA
67,508
Population
23,823
Households
2.8
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
83.6 sq mi
ZIP Area
808
Density / Sq Mi
$92,991
Median Household Income
$48,265
Median Earnings
$1,550
Median Rent
$277,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - C-H-zoned commercial property with expansive retail floor area and dedicated stockroom space.
Where is this retail space located?
The property is located at 3150 Highway 5 Douglasville, GA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: 22,570 SF freestanding retail warehouse building; 14,750 SF of open retail area; Approximately 8,000 SF of stockroom space
