Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Douglasville Commercial Opportunity Title is generated by Realmo AI

    12425 Veterans Memorial Highway, Douglasville, GA 30134

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

    Prime location for new business in downtown Douglasville.

    Type:Retail, Office
    Property size:
    1,440 SF
    Price / SF:
    $288/SF
    Added:
    Oct 24, 2024
    Days on Market:
    577
    Last Refresh:
    May 12 at 10:33 pm

    Property Features for 12425 Veterans Memorial Highway

    General Information

    Standard status
    Active
    Size
    1,440 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Kimberly Mason

    Listing agent Kimberly Mason

    Listing office Kim Mason & Associates Realty, LLC

    Listing date Oct 24, 2024

    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 Kim Mason & Associates Realty, LLC

    HighLights

    • Prime downtown Douglasville location with high walking traffic, ideal for business.
    • New roof installed 6 months ago.
    • Versatile layout with multiple office suites, waiting areas, and a large open area.
    • Includes a full kitchen, bathroom, and large storage room.
    • Features a private courtyard.
    • Architectural plans available for a salon suite conversion.

    Overview

    This property, located in downtown Douglasville, presents an opportunity for sale or lease. The building, previously used as an office with multiple suites, features 8-foot French double glass doors at the entrance, leading into two waiting rooms or open office areas with front views of downtown. The layout includes a large, open miscellaneous area suitable for various business needs, along with three additional private office suites and a larger room that could serve as a conference room. The property also contains a full kitchen, a bathroom, and a large storage room. A private courtyard is located at the back of the property. Architectural plans for converting the property into salon suites are available. A new water meter was installed one month ago, and a new roof was installed six months ago. The property is situated next to shops, restaurants, and Douglasville's new amphitheater, benefiting from substantial foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Douglasville
    County
    Douglas
    State
    Georgia
    Longitude
    -84.7795
    Latitude
    33.7728

    Nearby Similar for Sale

    • $625,000
      10,000 SF

      Douglasville Commercial Property For Sale

      10,000 sq ft commercial property with income potential.
      11431 Veterans Memorial Highway, Douglasville, GA 30134
      View Details
    • $3,300
      5,172 SF

      Commercial Space for Lease

      Lower level commercial space available for lease in Douglasville.
      6519 Spring St, Douglasville, GA 30134
      View Details
    • $1,000,000
      1,452 SF

      Douglasville Commercial Property For Sale

      1.04-acre commercial property with versatile 1,452 sq ft building.
      11661 Veterans Memorial Highway, Douglasville, GA 30134
      View Details
    • $3,300
      5,172 SF

      Commercial Space in Douglasville, GA

      Versatile commercial space suitable for various businesses and organizations.
      6519 Spring St, Douglasville, GA 30134
      View Details
    • $3,300
      5,172 SF

      Douglasville Commercial Property For Sale

      Commercial property in Douglasville, GA, suitable for business or church.
      6519 Spring Street, Douglasville, GA 30134
      View Details
    • $425,000
      1,136 SF

      Douglasville Commercial Property For Sale

      Commercial property in a fast-growing area near major highways.
      6197 Highway 92 - Fairburn Road, Douglasville, GA 30134
      View Details
    • $695,000
      4,588 SF

      Corner Parcel in Downtown Douglasville

      4,588-SF building zoned HI-Heavy Industrial, suitable for flex industrial/retail.
      12081 Veterans Memorial Hwy Douglasville, GA 30134, Douglasville, GA 30134
      View Details
    • $470,000

      Multifamily Investment Opportunity in Douglasville

      Multifamily property with duplex and single-family home near downtown.
      8327 Chicago Avenue, Douglasville, GA 30134
      View Details
    • $1,400,000
      16,400 SF

      Douglasville Retail/Office Building For Sale

      Two-story, 16,400 SF retail/office building with 8.5% cap rate.
      3750 West County Line Road, Douglasville, GA 30135
      View Details
    • $695,000
      4,588 SF

      Douglasville Flex Industrial/Retail Opportunity

      Corner parcel suitable for investment or owner-occupied use.
      12081 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details
    • $1,000,000
      7,854 SF

      Office

      8308 Office Park Dr Douglasville Ga 30134, Douglasville, GA 30134
      View Details
    • $3,300

      Commercial Property in Douglasville, GA

      Inviting commercial space near eateries, post office, and I-20.
      6519 Spring, Douglasville, GA 30134
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime location for new business in downtown Douglasville.
    Where is this retail space located?
    The property is located at 12425 Veterans Memorial Highway Douglasville, GA.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: Prime downtown Douglasville location with high walking traffic, ideal for business.; New roof installed 6 months ago.; Versatile layout with multiple office suites, waiting areas, and a large open area.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kimberly Mason
    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
    12425 Veterans Memorial Highway, 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!