Multi-Suite Flex Industrial
For Sale
$1,000,000
5727 Palazzo Way Douglasville, Douglasville, GA 30134
Metal flex building with two suites, multiple offices, and three roll-up doors on a General Commercial-zoned site.
Property Size8,400 SF
Price / SF$119.05
Days on Market35
Property Features for 5727 Palazzo Way Douglasville
General Information
Standard status
Active
Size
8,400 SF
Amenities
Carpet,Concrete,Tile
true
Public Records
Square Feet
Business Park
Public
Delivery Door
1.05
Fixtures,Furniture
Parking Lot
8400
Building Details
Building Size
8,400 SF
Year Built
2000
Listing Agency:
Buy Georgia Realty
(706) 480-5310
Listed By:
Dayne Kimsey
(706) 480-5310
Source:
Thesoldsquad
Added: Jul 20
Changed: Aug 23
Last Checked: Aug 22 at 10:12AM
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 Buy Georgia Realty
Investment Insights
Based on property information with market context.
This well-maintained metal building was built in 2000 and offers two distinct suites. Suite A is currently leased and includes offices and restrooms. Suite B is configured as church space while also offering flexibility for other commercial needs. The property includes multi-zoned HVAC, separate water and electric meters, multiple entrances, and a full-sized kitchen and breakroom. Additional features include attic storage on both sides, a 20-foot on-site storage container, and a concrete outdoor slab suitable for break or picnic use. Three 8’ x 10’ roll-up doors provide loading access and can be reconfigured for future expansion.
The property is located just off Fairburn Road with quick access to Interstate 20. It has ample parking in both the front and rear, supporting work trucks or fleet vehicles.
Zoned General Commercial, the building supports a broad range of uses including retail centers, financial institutions, professional and general office, training facilities, light industrial, logistics, and mixed operational space.
The property is located just off Fairburn Road with quick access to Interstate 20. It has ample parking in both the front and rear, supporting work trucks or fleet vehicles.
Zoned General Commercial, the building supports a broad range of uses including retail centers, financial institutions, professional and general office, training facilities, light industrial, logistics, and mixed operational space.
Key Highlights
- 8,400 SF metal commercial building on 1.05 acres, built in 2000, with two distinct suites
- Suite A is leased and generating $3,400 per month
- Suite B is configured as church space with versatility for other commercial uses
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
$51,172
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
5.12%
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%
$1,023,440
$1.0M
Cap Rate 7%
$731,029
$731.0K
Cap Rate 9%
$568,578
$568.6K
Market Conditions
NOI Build-Up for 8,400 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
$79.6K $9.48/SF
− Vacancy
−$6.5K −$0.78/SF
EGI
$73.1K $8.70/SF
− OpEx
−$21.9K −$2.61/SF
NOI
$51.2K $6.09/SF
Area
Douglas County, GA
Vacancy
8.20%
Lease Rate
$9.48 /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%
$1,023,440
Cap Rate 7%
$731,029
Cap Rate 9%
$568,578
Alternative Uses
Best Use
Industrial
$731.0K
$639.7K – $852.9K
NOI $51,172 @ 7.0% cap · market cap 5.12%
Second Best
Flex RnD
$699.5K
$612.1K – $816.1K
NOI $48,966 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$2.35M
$2.05M – $2.74M
NOI $164,369 @ 7.0% cap · market cap 16.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
766
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
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Similar Off Market Nearby
- South of Philly Restaurant & Mobile Catering Service — 8493 Hospital Dr Ste# 13, Douglasville, GA 30134
- Nicks's Tiny Resturant — 2078 Fairburn Rd #10, Douglasville, GA 30134
Frequently Asked Questions
What type of property is this?
Flex space - Metal flex building with two suites, multiple offices, and three roll-up doors on a General Commercial-zoned site.
Where is this flex space located?
The property is located at 5727 Palazzo Way Douglasville Douglasville, GA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 8,400 SF metal commercial building on 1.05 acres, built in 2000, with two distinct suites; Suite A is leased and generating $3,400 per month; Suite B is configured as church space with versatility for other commercial uses
