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 Market181
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: Apr 23
Changed: Oct 15
Last Checked: Oct 19 at 7:06AM
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
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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 / Yr
$101,271
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
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
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 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.
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Property Analytics
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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
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Market
Vacancy Rate% for Industrial in South region
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
