Downtown Douglasville Commercial
For Sale
Contact for pricing
12425 Veterans Memorial Highway, Douglasville, GA 30134
Prime location for new business in downtown Douglasville.
Property Size1,440 SF
Price / SF$368.06
Days on Market713
Property Features for 12425 Veterans Memorial Highway
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Retail, Office, Business for Sale
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Kim Mason & Associates Realty, LLC
Listed By:
Kimberly Mason
Source:
Crexi
Added: Oct 24, 2024
Changed: Oct 6
Last Checked: Oct 5 at 6:36PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,254
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,080
$405.1K
Cap Rate 7%
$289,343
$289.3K
Cap Rate 9%
$225,044
$225.0K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$31.6K $21.96/SF
− Vacancy
−$2.7K −$1.87/SF
EGI
$28.9K $20.09/SF
− OpEx
−$8.7K −$6.03/SF
NOI
$20.3K $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 Rate 5%
$405,080
Cap Rate 7%
$289,343
Cap Rate 9%
$225,044
Alternative Uses
Best Use
Retail
$289.3K
$253.2K – $337.6K
NOI $20,254 @ 7.0% cap · market cap 3.82%
Second Best
Office B
$275.5K
$241.0K – $321.4K
NOI $19,283 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$402.5K
$352.2K – $469.6K
NOI $28,177 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
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 $530,000.
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.
