Warehouse with Retail and
For Sale
$1,999,000
Pending
7216 Hiram Douglasville Hwy Unit 1, Douglasville, GA 30134
Warehouse property with retail and office space, extensive road frontage, two curb cuts, and ample parking for large trucks.
Property Size7,200 SF
Days on Market186
Property Features for 7216 Hiram Douglasville Hwy Unit 1
General Information
Standard status
Pending
Size
7,200 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1983
Listing Agency:
BHGRE Metro Brokers
Listed By:
Anita Buffington · License #152582
(404) 843-2500
Source:
Florida-georgia-realty
Added: Mar 2
Changed: Sep 3
Last Checked: Aug 25 at 6:34AM
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 BHGRE Metro Brokers
Investment Insights
Based on property information with market context.
This property combines warehouse space with retail and office components. It offers a mixed-use commercial configuration suited for businesses that need both operational space and customer-facing or administrative areas.
The site is located on Hiram Douglasville Highway and features substantial road frontage. There are two curb cuts and ample parking sized to accommodate large trucks.
Spanning 5+ acres, the property provides room for vehicle circulation and on-site operations around the warehouse, retail, and office spaces.
The site is located on Hiram Douglasville Highway and features substantial road frontage. There are two curb cuts and ample parking sized to accommodate large trucks.
Spanning 5+ acres, the property provides room for vehicle circulation and on-site operations around the warehouse, retail, and office spaces.
Key Highlights
- Warehouse with retail and office space on busy Hiram Douglasville Highway
- Built in 1983
- 5+ acres with extensive road frontage
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
$101,271
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
5.07%
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%
$2,025,420
$2.0M
Cap Rate 7%
$1,446,729
$1.4M
Cap Rate 9%
$1,125,233
$1.1M
Market Conditions
NOI Build-Up for 7,200 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
$158.1K $21.96/SF
− Vacancy
−$13.4K −$1.87/SF
EGI
$144.7K $20.09/SF
− OpEx
−$43.4K −$6.03/SF
NOI
$101.3K $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%
$2,025,420
Cap Rate 7%
$1,446,729
Cap Rate 9%
$1,125,233
Alternative Uses
Best Use
Retail
$1.45M
$1.27M – $1.69M
NOI $101,271 @ 7.0% cap · market cap 5.07%
Second Best
Warehouse
$755.1K
$660.7K – $880.9K
NOI $52,854 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,887 @ 7.0% cap · market cap 7.05%
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
31
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse property with retail and office space, extensive road frontage, two curb cuts, and ample parking for large trucks.
Where is this flex space located?
The property is located at 7216 Hiram Douglasville Hwy Unit 1 Douglasville, GA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Warehouse with retail and office space on busy Hiram Douglasville Highway; Built in 1983; 5+ acres with extensive road frontage
