4300 Chapel Hl Rd Douglasville, GA 30135-4200
This 1,400 square foot retail space in Douglasville, Georgia, is available for $150,000. Currently operating as a successful Brazilian waxing studio, this Class C shopping center unit offers a turnkey opportunity for a new owner. The sale includes all equipment (excluding the POS system) and the existing customer database, ensuring a smooth transition. Recently renovated in late 2019, the property features four waxing rooms, a facial room, a storage room, a staff kitchen, a public restroom, and a waiting area. The flexible layout allows for diverse uses, including massage therapy or office space. Located at 4300 Chapel Hill Rd, Douglasville, GA 30135, this property boasts a prime commercial zoning and presents a strong investment opportunity with significant potential for continued profitability. The lease expires December 31, 2025, leaving approximately 1.1 years remaining. The asking price equates to $107.14 per square foot. This is a single-unit property within a shopping center. Serious inquiries are encouraged.
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Sec. 4.03. PUD planned unit development. A. Purpose. The purpose of a planned unit development is to encourage the best possible site plans and building arrangements under a unified plan of development, rather than under lot-by-lot regulation. The developer benefits from better land utilization, economy in the provision of roads and utilities and flexibility…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
PUD · Douglasville, GASec. 4.03. PUD planned unit development. A. Purpose. The purpose of a planned unit development is to encourage the best possible site plans and building arrangements under a unified plan of development, rather than under lot-by-lot regulation. The developer benefits from better land utilization, economy in the provision of roads and utilities and flexibility in design. Approval of an overall concept plan by the city council provides an opportunity to assure that the development will be in accordance with the land use plan and the character of the neighborhood in which the development is located. It is anticipated that a pattern of creative and innovative neighborhood development, including residential and neighborhood commercial, will be developed that is distinguished from other residential zoning districts through a diversity of lot sizes, housing types and sizes to accommodate persons of a variety of stages of life in a pedestrian-oriented setting that is well integrated with the city's neighborhoods, parks, civic spaces, and supportive services. B. Lot development standards. Lot Dimensions Minimum Lot Area 10 acres for new development 2 acres for infill development projects Minimum Lot Width As established by an approved design concept plan Minimum Lot Frontage Maximum Density Minimum Setbacks Principal Building Front As established by an approved design concept plan Side Rear Created: 2023-04-28 10:20:54 [EST] (Supp. No. 106) Page 69 of 320 Accessory Building From Principal Structure As established by an approved design concept plan Front Not-Permitted Side 5' if less than 144 sf 15' if greater than 144 sf Rear Maximum Height Principal As established by an approved design concept plan Accessory Minimum Floor Area Single Family Detached 1,500 sf One-bedroom unit 750 sf Two-bedroom unit 1,050 sf Three or more-bedroom unit 1,500 sf Townhouse 1,500 sf Impervious Surface Coverage As established by an approved design concept plan Minimum Building Separation As established by an approved design concept plan Residential Density 8 dwelling units maximum per acre 10 dwelling units maximum per acre if amenities are provided (Sec. 4.03 D., Density Bonus) C. Land use mix. A PUD must contain at least two types of land use that are not otherwise allowed together in another zoning district or two types of residential density. Each PUD development is anticipated to include a mix of land uses as identified in the table below.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.