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    12811 Veterans Memorial Hwy Douglasville, GA 30134

    For Sale
    $1,080,000

    High-yield, multi-tenant office complex

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional investment opportunity presents a two-story, 12,000 square foot Class C office building situated on a 24,829 square foot lot in Douglasville, Georgia. The property, located at 7274 Bankhead Highway, boasts a strong NOI of $123,127, resulting in an attractive 11.40% cap rate at an asking price of $1,080,000. Currently housing eight diverse tenants including Camp Law, Market Results, The Phisp of Greater Atl, Working Thru Christ, Bros Auto, A-Z, Infinite Oasis Spa Higgins, and Advanced Concrete Cut, this multi-tenant building offers a stable income stream and reduced vacancy risk. Built in 1973, the property is zoned IL and features one building with eight units. The substantial lot size presents potential for future expansion or development. This prime investment is ideally located in Douglas County, Georgia, offering significant potential for long-term growth and profitability in a thriving market. The property's strong financial performance, coupled with its desirable location and diverse tenancy, makes it an attractive proposition for discerning investors seeking a stable and high-yielding asset. The APN is 01910250046. There is no ground lease.

    Property Features for 12811 Veterans Memorial Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    12,000 SF
    Class
    C

    Building Details

    Year Built
    1973
    Buildings
    1
    Stories
    2
    Units
    8

    HighLights

    • Prime Douglasville, GA location at 7274 Bankhead Highway.
    • 12,000 square foot Class C office building.
    • 24,829 square foot lot with expansion potential.
    • $1,080,000 asking price.
    • 11.4% cap rate with $123,127 NOI.
    • Eight diverse tenants provide stable income and low vacancy risk.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Douglasville
    County
    Douglas
    State
    Georgia
    Longitude
    -84.765744202748
    Latitude
    33.744437235116

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    FAQs

    What type of property is this?
    Office Property / Space - High-yield, multi-tenant office complex
    Where is this office property / space located?
    The property is located at 12811 Veterans Memorial Hwy Douglasville, GA.
    What is the asking price?
    The asking price for this property is $1,080,000.
    What are key features of this property?
    This property features: Prime Douglasville, GA location at 7274 Bankhead Highway.; 12,000 square foot Class C office building.; 24,829 square foot lot with expansion potential.
    Request Owner's contact information
    12811 Veterans Memorial Hwy Douglasville, GA 30134
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    Realmo Value Estimation

    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.

    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.

    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
    12811 Veterans Memorial Hwy Douglasville, GA 30134
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