Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    North River Road Douglasville, GA 30135

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Master-planned business park with ample power and fiber availability.

    Type:Industrial
    Added:
    Nov 4, 2023
    Days on Market:
    896
    Last Refresh:
    Mar 17 at 1:20 pm

    Property Features for North River Road

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Spaces For Lease

    at North River Road Contact us

    We can help!

    Listing Contact
    Bilijack R. Bell

    Listing agent Bilijack R. Bell License #GA 173318

    Listing office Wilson, Hull & Neal Real Estate LLC

    Listing date Nov 4, 2023

    Source Crexi

    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 Wilson, Hull & Neal Real Estate LLC

    Overview

    Premier Business Park Opportunity

    This property is located within a premier master-planned business park. It offers ample power and fiber availability. The location provides access to a large consumer base, with over 80% of US consumers within a two-hour flight from Hartsfield-Jackson International Airport and within two days by truck. The property is strategically situated between Hartsfield-Jackson International Airport, Downtown Atlanta, and the Norfolk Southern & CSX Intermodal Facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Douglasville
    County
    Douglas
    State
    Georgia
    Longitude
    -84.6108684
    Latitude
    33.7270764

    Nearby Similar for Lease

    • Contact for pricing

      Versatile Commercial Property in Douglasville

      High-visibility commercial property with flexible zoning and ample parking.
      11661 Veterans Memorial Highway, Douglasville, GA 30134
      View Details
    • Sponsored
      Contact for pricing

      GA, Douglasville - Veterans Memorial Highway

      12461 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details
    • $16/mo

      Office and Retail Suites Available

      Office and retail suites available for lease in Douglasville, GA.
      3770 West County Line Rd, Douglasville, GA 30135
      View Details
    • $16/mo

      Retail and Office Suites Available

      Retail and office suites for lease with excellent visibility.
      3770 West County Line Rd, Douglasville, GA 30135
      View Details
    • Contact for pricing

      Douglasville Commercial Property For Rent

      Commercial property in Douglasville, GA, suitable for business or church.
      6519 Spring Street, Douglasville, GA 30134
      View Details
    • Contact for pricing

      Single Tenant Building in Douglasville

      Located in Douglasville, GA, near dining, shops and attractions.
      7442 Douglas Blvd, Douglasville, GA 30135
      View Details
    • $40/mo

      Office Space Near Downtown Douglasville

      Office space located near major retail and downtown Douglasville.
      8318 Duralee Ln, Douglasville, GA
      View Details
    • Contact for pricing

      Douglasville Distribution Space Near I-20

      Class A industrial facility with efficient logistics and warehouse operations.
      7555 Wood Rd, Douglasville, GA 30134
      View Details
    • Contact for pricing

      Premier Business Park Spec Building

      State-of-the-art spec building in master-planned business park.
      1750 N River Road, Douglasville, GA 30135
      View Details
    • Contact for pricing

      Retail Space in Douglasville Corridor

      Retail space available in high-traffic Douglasville location.
      9478-9560 Highway 5, Douglasville, GA 30135
      View Details
    • Contact for pricing

      Retail Space in Douglasville Corridor

      Retail space in a vibrant Douglasville shopping center.
      2983 Chapel Hill Road #102, Douglasville, GA 30135
      View Details
    • Contact for pricing

      Industrial Space in Douglasville, Georgia

      125,641 SF industrial space available for lease.
      1651 Roberts Road, Douglasville, GA 30135
      View Details

    FAQs

    What type of property is this?
    Specialty property - Master-planned business park with ample power and fiber availability.
    Where is this specialty property located?
    The property is located at North River Road Douglasville, GA.
    What are key features of this property?
    This property features: Strategic location between Hartsfield‑Jackson International Airport, Norfolk Southern & CSX Intermodal Facility.; Ample power and fiber availability.; More than 80% of US consumers are within a two‑hour flight from Hartsfield‑Jackson International Airport.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Bilijack R. Bell
    Real Estate License ID: GA 173318
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!