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Property profile & analytics
OFF-MARKET Estimated value $2,060,000
Office buildings

3133 Golf Rdg Blvd Douglasville, GA 30135-1999

15,999 SF 1.23 ac lot Built 1995
Entity Owned Free & Clear
Property ID
US22-3886909
Property summary
AI-generated overview

This exceptional three-story, 15,999 square foot Class B office building, situated on a 1.3-acre lot in Douglasville, Georgia, presents a compelling investment opportunity. Constructed in 1995 and extensively renovated in 2022, the property boasts a fully occupied tenancy with ten tenants, many under recently renewed leases. The building features a multi-tenant configuration with a total of ten units, each averaging 1,500 square feet, and is offered at $1,500,000, representing a price per square foot of $93.76 and a price per unit of $150,000. The property's strong financial performance is reflected in its 9.00% cap rate and a pro-forma cap rate of 9.10%, generating a pro-forma NOI of $136,519. Recent upgrades include a complete overhaul of the HVAC and plumbing systems. The property is situated in the Chapel Hills Office Village, conveniently located just south of I-20, near Arbor Place Mall, and surrounded by upscale retail, dining, and residential developments. The property is zoned PUD and operates under an Absolute NNN lease type. This prime location benefits from Douglasville's robust economic growth, fueled by significant developments such as Sam's Club's new fulfillment center and Lionsgate Studios' "Great Point Studios" film complex. This presents a rare opportunity to acquire a high-performing, well-maintained office building in a rapidly expanding market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1995
Construction STEEL FRAME
Total area 15,999 SF
Lot 1.23 ac (53,579 SF)
Zoning code DCD
APN 0056-01-5- -00120
UPID US22-3886909
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
  • Perri Mitchell Realty Real Estate Agency
  • The Tax Hive Group Tax Preparation
  • Procarian Wealth Advisors - Ameriprise Financial Services, LLC Financial Advisor
  • Lawrence See & Beavers Tax Preparation
  • Grace Hearing and Language Services Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.14M
Blend (final) Blend
$2.06M
Owner & transaction history
DEFOOR, JANE MAYNARD, THE LIVING TRUST
DEFOOR, JANE MAYNARD, THE LIVING TRUST
Zoning & alternative use
DCD · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.7M +15.8%
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