Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12861 Veterans Memorial Hwy Douglasville, GA 30134-1635
    Property profile & analytics

    12861 Veterans Memorial Hwy, Douglasville, GA 30134-1635

    View on Map
    • Commercial land
    • 1.54 lot acres
    Off-Market
    Last Sale Nov 12, 2024
    $150,000
    Property ID
    US22-3415987
    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

    • Commercial land

    Property Details for 12861 Veterans Memorial Hwy

    Lot size
    1.54 lot acres
    Zone code
    CG
    Property type
    Commercial land
    APN
    0191-02-5- -00005
    APU
    19102500005

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 12, 2024 $150,000 Dvf Investments LLC John S Davis Warranty Deed —
    Apr 29, 2008 $100,000 John S Davis JR Nina Turner Deed $150k · First Nat'l Bk/ga
    Apr 28, 2008 $100,000 John S Davis JR. Turner,nina Grant Deed $150k · Canyon State Cu

    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
    -84.7702
    Latitude
    33.7435
    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
    $963
    $23,600
    $0.00
    $23,600
    -
    $59,000
    $0.00
    $59,000

    Comparable in this City

    • Value Estimation by Request
      0.32 Acres

      13120 Veterans Memorial Hwy

      VACANT COMMERCIAL LAND
      13120 Veterans Memorial Hwy, Douglasville, GA 30134-1648
      View Details
    • Value Estimation by Request
      0.17 Acres

      Hwy 78th Off

      VACANT COMMERCIAL LAND
      Hwy 78th Off, Douglasville, GA 30134
      View Details
    • Value Estimation by Request
      0.15 Acres

      11144 Veterans Memorial Hwy

      VACANT COMMERCIAL LAND
      11144 Veterans Memorial Hwy, Douglasville, GA 30134-4377
      View Details
    • Value Estimation by Request
      0.23 Acres

      Adair St

      VACANT COMMERCIAL LAND
      Adair St, Douglasville, GA 30134
      View Details
    • Value Estimation by Request
      0.18 Acres

      Church St

      VACANT COMMERCIAL LAND
      Church St, Douglasville, GA 30134
      View Details
    • Value Estimation by Request
      0.26 Acres

      Concourse Pkwy

      VACANT COMMERCIAL LAND
      Concourse Pkwy, Douglasville, GA 30134
      View Details

    Similar Nearby for Sale

    • $1,200,000
      7.46 Acres

      7.46 Acres on US-78 Highway

      7.46-acre commercial land with high visibility on US-78 Highway.
      11560 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
    • Contact for pricing
      3,792 SF

      Douglasville Commercial Land Opportunity

      7.46-acre commercial land parcel with high visibility.
      11560 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details
    • Contact for pricing
      1,968 SF

      Highway 92 Commercial Development Opportunity

      0.88-acre parcel in rapidly expanding Douglas County area.
      995 Old Dallas Hwy, Douglasville, GA 30134
      View Details
    • Contact for pricing
      9,616 SF

      Retail Building on 4.7 Acres

      Retail building with land, near Interstate 20 and Atlanta.
      11625 Veterans Memorial Hwy, Douglasville, GA 30134
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      131,040 SF

      Industrial Land for Lease

      Industrial land available for lease.
      2836 Bright Star Rd, 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
    • $23 SF/Yr
      3,000 SF

      Office Space on Campbellton Road

      Office space for lease on a high-traffic corridor.
      8458 Campbellton St, 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.
    12861 Veterans Memorial Hwy
    Douglasville, GA 30134-1635
    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
    12861 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!