11625 Veterans Memorial Hwy Douglasville, GA 30134
- Commercial real estate
- 9,616 SF
- 4.77 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11625 Veterans Memorial Hwy
- Year built
- 1950
- Lot size
- 4.77 lot acres
- Property size
- 9,616 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 11625 Veterans Memorial Highway in Douglasville, Georgia, presents a compelling investment opportunity. The property encompasses approximately 4.77 acres of land and features a total of 9,616 square feet of building space distributed across four separate structures. Built between 1950 and 1970, these buildings offer a blend of established infrastructure and potential for renovation or repurposing. The property's strategic location offers convenient access to major transportation arteries, situated approximately 2.2 miles from Interstate 20 Exit 37, providing easy connectivity to Atlanta, approximately a 30-minute drive. This prime location enhances the property's appeal to a wide range of potential tenants and businesses. Adding to the property's financial attractiveness is a consistent income stream generated from an existing lease agreement with Comcast Cable Communications. This established lease provides a stable and predictable revenue source, further solidifying the investment potential of this multi-building commercial property. The property is offered at $900,000, presenting a strong return on investment opportunity for discerning buyers seeking a well-located, income-producing asset in a growing market. The substantial land area also offers potential for future expansion or development, adding further value to this already attractive investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Douglasville
- County
- Douglas
- State
- Georgia
- Longitude
- -84.7111
- Latitude
- 33.7725
