Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11945 Veterans Memorial Hwy Douglasville, GA 30134-4575
    Property profile & analytics

    11945 Veterans Memorial Hwy, Douglasville, GA 30134-4575

    View on Map
    • Car washes
    • 2,375 SF
    • 0.41 lot acres
    Off-Market
    Property ID
    US22-4691846
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Car washes

    Property Details for 11945 Veterans Memorial Hwy

    Year built
    1989
    Construction
    CONCRETE
    Lot size
    0.41 lot acres
    Zone code
    CG
    Property type
    Car washes
    APN
    0744-18-2- -00037
    APU
    74418200037

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 2, 2013 $50,000 Hanek T Yohannis Pinecrest Douglas LLC Warranty Deed —
    Jun 13, 2011 $55,000 Pinecrest Douglas LLC Suntrust Bk Grant Deed —
    Jun 1, 2010 — Suntrust Bank Townley,james Dean Grant Deed · related —
    May 26, 2009 — Townley Properties LLC Ellis,angela A Quit Claim Deed · related —
    Feb 3, 2004 — Angela A Ellis Ellis,angela A Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Douglasville
    County
    Douglas
    State
    Georgia
    Longitude
    -84.7247
    Latitude
    33.7624
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,388
    $29,400
    $29,120
    $58,520
    -
    $73,500
    $72,800
    $146,300

    Comparable in this City

    • Value Estimation
      $550,000
      4,803 SF

      Hwy 92nd Fairburn Rd Rd

      CAR WASH
      Hwy 92nd Fairburn Rd Rd, Douglasville, GA 30134
      View Details
    • Value Estimation by Request
      3,672 SF

      6580 Malone Rd

      CAR WASH
      6580 Malone Rd, Douglasville, GA 30134-3775
      View Details
    • Value Estimation by Request
      1,853 SF

      6002 Hwy 92nd Fairburn Rd

      CAR WASH
      6002 Hwy 92nd Fairburn Rd, Douglasville, GA 30134
      View Details
    • Value Estimation by Request
      2,450 SF

      6525 Church St

      CAR WASH
      6525 Church St, Douglasville, GA 30134-1807
      View Details
    • Value Estimation by Request
      3,457 SF

      4671 Rdg Rd

      CAR WASH - SELF-SERVE
      4671 Rdg Rd, Douglasville, GA 30134-5026
      View Details
    • Value Estimation by Request
      2,400 SF

      6423 Fairburn Rd

      AUTO REPAIR, GARAGE
      6423 Fairburn Rd, Douglasville, GA 30134-6922
      View Details

    Similar Nearby for Sale

    • $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 Hwy, Douglasville, GA 30134
      View Details
    • $1,200,000
      7.46 Acres

      Douglasville Commercial Land Opportunity

      7.46-acre commercial land parcel with high visibility and road frontage.
      11560 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details
    • $625,000
      Pending

      Douglasville Commercial Property For Sale

      10,000 sq ft commercial property with income potential.
      11431 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details
    • Contact for pricing

      Commercial Lot on Dallas Highway

      High-visibility commercial lot suitable for retail, office, or mixed-use development.
      969 Old Dallas Hwy, Douglasville, GA 30134
      View Details
    • $695,000

      Douglasville Flex Industrial/Retail Opportunity

      Corner parcel suitable for investment or owner-occupied use.
      12081 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details
    • $695,000

      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
      View Details

    Similar Nearby for Lease

    • $6,500 /Mo
      45,302 SF

      Versatile Commercial Property in Douglasville

      High-visibility commercial property with flexible zoning and ample parking.
      11661 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details
    • $40 SF/Yr
      1,450 SF

      Downtown Douglasville Office Building

      Prime location, 1,450 sq ft, new roof
      12425 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details
    • Sponsored
      Contact for pricing

      GA, Douglasville - Veterans Memorial Highway

      Workspaces, services and support to help you work better in CA, Campbell - Orchards City Dr
      12461 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details
    • Contact for pricing
      54,899 SF

      Shell Space Available For Lease

      First generation shell space available with common picnic area.
      6095 Professional Pkwy, Douglasville, GA 30134
      View Details
    • Contact for pricing
      139,040 SF

      Distribution Center I-20 W Corridor

      143,550 SF distribution center breaking ground May 2025.
      4281 Industrial Access Rd, Douglasville, GA 30134
      View Details
    • Contact for pricing
      135 SF

      Office Space Near Downtown Douglasville

      Office space located near major retail and downtown Douglasville.
      8318 Duralee Ln, Douglasville, GA 30134
      View Details
    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.
    11945 Veterans Memorial Hwy
    Douglasville, GA 30134-4575
    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
    11945 Veterans Memorial Hwy, 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!