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Property profile & analytics
OFF-MARKET Estimated value $780,000
Strip malls

2736 Chapel Hl Rd 50 Douglasville, GA 30135-1704

5,700 SF 3.77 ac lot Built 2005
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1776501
Property summary
AI-generated overview

This exceptional 25,300 square foot shopping center in Douglasville, GA (Atlanta MSA), presents a compelling investment opportunity. Located at the intersection of Chapel Hill Road and Timber Ridge Drive, this property boasts a 100% occupancy rate with a diverse mix of national, regional, and local tenants, including Starbucks, Verizon Wireless, Orange Theory Fitness, Shane's Rib Shack, and Tropical Smoothie. The center comprises two buildings, strategically positioned to maximize visibility and accessibility. Its prime location benefits from the proximity of other well-established businesses such as McDonald's, Panda Express, Texas Roadhouse, and Carrabba's Italian Grill, creating a synergistic retail environment and enhancing customer traffic. Constructed between 2005 and 2006, this Class "A" retail center sits on a 3.79-acre lot and offers a 6.50% cap rate. The asking price is $9,502,000, and existing financing may be assumed by the buyer. This thriving retail center offers a strong return on investment in a high-income, growing trade area. The property is offered free and clear or with existing financing.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,700 SF
Lot 3.77 ac (164,221 SF)
Zoning code CG
APN 0023-01-5- -00004
UPID US22-1776501
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
  • Verizon Mobile Phone Store Electronics & Wireless Store
  • Verizon Business Services Business To Business Service
  • Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$936k
Blend (final) Blend
$780k
Owner & transaction history
Douglasville Day Centre Newco · 8 yrs held
Douglasville Day Centre Newco
since 2017
Last sale
$814,801
7 recorded transactions
2017
Price N/A
2017
$251,100
2017
$334,900
2017
$669,600
2017
$251,000
2007
$400,000
2006
$850,000
Zoning & alternative use
CG · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.2M +87.9%
Retail stores $945,000 +43.1%
Office building $815,000 +23.5%
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