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Property profile & analytics
OFF-MARKET
Community centers

831 Peterson Ave Douglas, GA 31533

97,702 SF Built 1975
Property ID
Property summary
AI-generated overview

Douglas Plaza, located at 831 Peterson Ave S in Douglas, Georgia (zip code 31533), is a well-established community shopping center totaling 97,702 square feet. Built in 1975 and renovated in 1992, this property sits on a 6.77-acre lot and is zoned B2, General Business. Currently, there are multiple retail spaces available, ranging from a minimum of 3,804 square feet to a maximum contiguous space of 32,628 square feet. A significant 36,468 square feet is currently vacant, presenting a substantial opportunity for expansion or new tenants. The center enjoys high visibility and convenient access, contributing to its strong tenant base. Current tenants include Farmers Furniture and Family Dollar, with Harvey's Grocery anticipated to vacate in 2025. This prime retail location in Coffee County offers a diverse tenant mix and significant potential for growth within a thriving community. The property's size and flexible space options make it ideal for a variety of retail businesses seeking a prominent presence in Douglas, Georgia. Interested parties should note the property's convenient location and the opportunity to establish a presence alongside established businesses.

Property profile
Verified
Property type Community centers
Year built 1975
Total area 97,702 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kobe Japanese Hibachi & Sushi Restaurant
  • AMG Finance Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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