Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Building with I-20 Access Title is generated by Realmo AI

    963 N Burnt Hickory Rd, Douglasville, GA 30134

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Multi-tenant industrial building in Douglasville, GA, with renovated suites.

    Type:Industrial
    Added:
    May 24, 2023
    Days on Market:
    1104
    Last Refresh:
    May 12 at 8:57 pm

    Property Features for 963 N Burnt Hickory Rd

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    1993

    Spaces For Lease

    at 963 N Burnt Hickory Rd Contact us

    Suite 21 $13/Mo

    Size
    2,555 SF
    Type
    Industrial
    Contact us

    Suite Q $13/Mo

    Size
    5,077 SF
    Type
    Industrial
    Contact us

    Suites 20 $13/Mo

    Size
    2,588 SF
    Type
    Industrial
    3 contiguous spaces in the 999 Building with 3 dock high doors. Spaces connected...
    show more
    Contact us

    12-13 $11/Mo

    Size
    5,125 SF
    Type
    Industrial
    Contact us

    We can help!

    Listing Contact
    Jason Chaliff
    Jason Chaliff

    Listing agent Jason Chaliff License #GA 342994

    Listing office Rise Property Group

    Listing date May 24, 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 Rise Property Group

    HighLights

    • Exceptional access to I‑20
    • Newly renovated suites
    • Close proximity to Atlanta (25 mins.)
    • Drive‑in and/or dock high access available in each suite
    • Cross dock access
    • New LED lighting

    Overview

    This multi-tenant industrial building is available for lease in Douglasville, Georgia, offering convenient access to I-20. Its location provides proximity to Atlanta, approximately 25 minutes away, and Hartsfield Jackson International Airport, around 40 minutes away. The suites have been recently renovated and feature cross-dock access with a minimal office buildout, ranging from 5% to 20%. New improvements and finishes include LED lighting and flexible access options, with both drive-in and dock-high access available in each suite.
    Property Profile Location Intelligence

    Current Use by Public Records

    GrassRoots Turf Landscaping

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Douglasville
    County
    Douglas
    State
    Georgia
    Longitude
    -84.70747
    Latitude
    33.778035

    Nearby Similar for Lease

    • $1,000/Mo
      10,000 SF

      Douglasville Commercial Space For Lease

      Professional commercial space in high-traffic location, ideal for business.
      11431 Veterans Memorial Highway, Douglasville, GA 30134
      View Details
    • $6,500/Mo
      1,452 SF

      Versatile Commercial Property in Douglasville

      High-visibility commercial property with flexible zoning and ample parking.
      11661 Veterans Memorial Highway, Douglasville, GA 30134
      View Details
    • $3,000/Mo

      Downtown Douglasville Standalone Office Space

      Prime office space in downtown Douglasville with dedicated parking.
      8486 Price Ave, Douglasville, GA 30134
      View Details
    • Sponsored
      Contact for pricing

      GA, Douglasville - Veterans Memorial Highway

      12461 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details
    • $16 SF/Yr
      1,245 SF

      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
    • $23 SF/Yr
      3,000 SF

      Office Space on Campbellton Road

      Office space for lease on a high-traffic corridor.
      8458 Campbellton St, Douglasville, GA 30134
      View Details
    • $40 SF/Yr
      250 SF

      Office Space Near Downtown Douglasville

      Office space located near major retail and downtown Douglasville.
      8318 Duralee Ln, Douglasville, GA
      View Details
    • Contact for pricing
      1,245 SF

      Retail Suite in Douglasville, Georgia

      Retail suite available for lease in Douglasville, Georgia.
      3770 West County Line Rd, Douglasville, GA 30135
      View Details
    • $3,300/Mo

      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
      27,917 SF

      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
    • $16 SF/Yr

      Retail and Office Suites Available

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

    FAQs

    What type of property is this?
    Warehouse - Multi-tenant industrial building in Douglasville, GA, with renovated suites.
    Where is this warehouse located?
    The property is located at 963 N Burnt Hickory Rd Douglasville, GA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Exceptional access to I‑20; Newly renovated suites; Close proximity to Atlanta (25 mins.)
    (404) 483-4477 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jason Chaliff
    Jason Chaliff
    Real Estate License ID: GA 342994
    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

    Thank You for Inquiry
    963 N Burnt Hickory Rd, Douglasville, GA 30134
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!