New Construction Office
For Sale
$1,600,000
8655 Dorris Rd, Douglasville, GA 30134
New construction office building near Wellstar Hospital.
Property Size6,322 SF
Price / SF$253.08
Days on Market153
Property Features for 8655 Dorris Rd
General Information
Standard status
Active
Size
6,322 SF
Building Details
Year Built
2024
Listing Agency:
Lawson Realty, Inc.
Listed By:
Edward Lawson · License #102397
(770) 489-1001
Source:
Mcandrewsnelsonrealestate
Added: May 19
Changed: Oct 14
Last Checked: Oct 7 at 2:32PM
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 Lawson Realty, Inc.
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Investment Insights
Based on property information with market context.
This is a metal office building featuring approximately 6375 square feet of space. The property is new construction and is located one block from Wellstar Hospital.
Key Highlights
- New Construction: +/- 6375 sq. ft. metal office building
- Prime location: One block from Wellstar Hospital
- Owner financing available: Owner will hold a 20% second mortgage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,658
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,693,160
$1.7M
Cap Rate 7%
$1,209,400
$1.2M
Cap Rate 9%
$940,644
$940.6K
Market Conditions
NOI Build-Up for 6,322 SF
Gross rent
$150.9K $23.87/SF
− Vacancy
−$38.0K −$6.02/SF
EGI
$112.9K $17.85/SF
− OpEx
−$28.2K −$4.46/SF
NOI
$84.7K $13.39/SF
Area
Douglas County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,693,160
Cap Rate 7%
$1,209,400
Cap Rate 9%
$940,644
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,658 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,707 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,522
Businesses Nearby
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - New construction office building near Wellstar Hospital.
Where is this office building located?
The property is located at 8655 Dorris Rd Douglasville, GA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: New Construction: +/- 6375 sq. ft. metal office building; Prime location: One block from Wellstar Hospital; Owner financing available: Owner will hold a 20% second mortgage
