Highway-Frontage Flex
For Sale
$1,999,000
Pending
7216 Hiram Douglasville Hwy Unit 1, Douglasville, GA 30134
Warehouse, retail, and office components create a versatile commercial layout with truck parking and multiple access points.
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
(404) 843-2500
Listed By:
Anita Buffington · License #152582
Source:
Florida-georgia-realty
Added: Mar 2
Changed: Aug 28
Last Checked: Aug 28 at 12:59PM
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 flex-space property combines warehouse, retail, and office areas within a 7,200-square-foot commercial building constructed in 1983. The configuration accommodates multiple commercial functions in one building, with parking available for large trucks.
Located along Hiram Douglasville Highway in Douglasville, the property occupies 5+ acres and benefits from highway frontage, two curb cuts, and access suited to larger vehicles. The combination of warehouse, retail, and office space provides a broad physical setup for commercial operations requiring varied areas within one property.
Located along Hiram Douglasville Highway in Douglasville, the property occupies 5+ acres and benefits from highway frontage, two curb cuts, and access suited to larger vehicles. The combination of warehouse, retail, and office space provides a broad physical setup for commercial operations requiring varied areas within one property.
Key Highlights
- 7,200‑square‑foot flex‑space building with warehouse, retail, and office areas
- 5+ acres along Hiram Douglasville Highway
- Two curb cuts provide multiple points of access
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
Office B
$1.38M
$1.21M – $1.61M
NOI $96,416 @ 7.0% cap · market cap 4.82%
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 Office 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, retail, and office components create a versatile commercial layout with truck parking and multiple access points.
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: 7,200‑square‑foot flex‑space building with warehouse, retail, and office areas; 5+ acres along Hiram Douglasville Highway; Two curb cuts provide multiple points of access
