Corner Storefront with Dual
For Sale
$375,000
6585 Spring, Douglasville, GA 30134
Corner-lot commercial building with a new roof and access from two streets.
Property Size2,385 SF
Price / SF$157.23
Days on Market41
Property Features for 6585 Spring
General Information
Standard status
Active
Size
2,385 SF
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1899
Listing Agency:
Farish Realty, Inc.
(770) 832-1196
Listed By:
Trista Lindsey · License #379140
Source:
Annakintown
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 25 at 3:59AM
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 Farish Realty, Inc.
Investment Insights
Based on property information with market context.
This 2,385-square-foot storefront property was built in 1899 and includes a new roof, on-site parking, and a long-term tenant with an established business in place. The corner-lot building has entrances from both Spring Street and Adair Street, providing access from two sides of the property.
Located at 6585 Spring St in Douglasville, the property is adjacent to the Post Office and near restaurants, schools, government offices, and entertainment. Interstate 20 is also nearby. The existing storefront configuration supports continued retail occupancy, while the commercial building format may accommodate office, daycare, boutique, or hair salon use as supported by the property information. Showings are by appointment only.
Located at 6585 Spring St in Douglasville, the property is adjacent to the Post Office and near restaurants, schools, government offices, and entertainment. Interstate 20 is also nearby. The existing storefront configuration supports continued retail occupancy, while the commercial building format may accommodate office, daycare, boutique, or hair salon use as supported by the property information. Showings are by appointment only.
Key Highlights
- 2,385‑square‑foot storefront property
- Built in 1899 with a new roof
- Long‑term tenant and established business in place
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
$33,546
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
8.95%
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%
$670,920
$670.9K
Cap Rate 7%
$479,229
$479.2K
Cap Rate 9%
$372,733
$372.7K
Market Conditions
NOI Build-Up for 2,385 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
$52.4K $21.96/SF
− Vacancy
−$4.5K −$1.87/SF
EGI
$47.9K $20.09/SF
− OpEx
−$14.4K −$6.03/SF
NOI
$33.5K $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%
$670,920
Cap Rate 7%
$479,229
Cap Rate 9%
$372,733
Alternative Uses
Best Use
Retail
$479.2K
$419.3K – $559.1K
NOI $33,546 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$666.7K
$583.4K – $777.8K
NOI $46,669 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
28k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Home Improvements & Furnishings 27%
Dining 3%
Douglasville Ace Hardware
Home Improvements & Furnishings
7,798 visits/mo
0.3 miles
Chevron
Shops & Services
3,856 visits/mo
0.4 miles
Citgo
Shops & Services
3,318 visits/mo
0.2 miles
Regions Bank
Shops & Services
2,933 visits/mo
0.1 miles
Advance Auto Parts
Shops & Services
2,816 visits/mo
0.3 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Frances Florist — 12641 Veterans Memorial Hwy, Douglasville, GA 30134
- Black Box Florist and Things — 8434 Price Ave, Douglasville, GA 30134
- Le Fleur Blanc — 8486 Campbellton St #493, Douglasville, GA 30133
Frequently Asked Questions
What type of property is this?
Storefront property - Corner-lot commercial building with a new roof and access from two streets.
Where is this storefront property located?
The property is located at 6585 Spring Douglasville, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,385‑square‑foot storefront property; Built in 1899 with a new roof; Long‑term tenant and established business in place
