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Property profile & analytics
FOR LEASE
Industrial properties
5493 Westmoreland Plz Douglasville, GA 30134
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-4282149
For Lease
$3,950,000
5493 Westmoreland Plz, Douglasville, GA 30134
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Property summary
AI-generated overview
Westmoreland Plaza Logistics Center in Douglasville, Georgia offers 30,180 square feet of industrial space for lease across five buildings. This multi-tenant property, located at 5493 Westmoreland Plaza, zip code 30134, in Douglas County, is ideal for manufacturing, distribution, or flex-use businesses. Currently, there are four available spaces ranging in size from 1,180 to 4,000 square feet. A total of 7,100 square feet is currently vacant. The property's classification as industrial ensures suitability for warehouse and distribution operations. Lease terms may include a Net, Net, Net (NNN) structure. This prime location in Douglasville provides easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The property is well-suited for companies seeking flexible space options to accommodate varying operational needs. Interested parties should inquire about specific unit availability and lease terms. The property's address is 5493 Westmoreland Plaza, Douglasville, GA 30134.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
2001
Construction
STEEL FRAME
Total area
10,000 SF
Lot
3.3 ac (143,748 SF)
Zoning code
IL
APN
0904-18-2- -00008
UPID
US22-4282149
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
-
Innovative Maintenance Group Inc. HVAC Service General Contractor
-
Full Circle Electrical, LLC Electrical Service General Contractor
-
Mr Moonwalk Inflatables Rental Rental Equipment Company Party Supply Store
-
Najgraphics LLC Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Moyés in Douglasville Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.95M
Owner & transaction history
Wr Douglasville Atlanta Portfolio L · 2 yrs held
Wr Douglasville Atlanta Portfolio L
since 2024
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
IL · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+344.0%
Office building
$2.6M
+193.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,950,000
ML approach
$3,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,965,000
Change: +344% · Conversion: Difficult
OFFICE BUILDING
$2,625,000
Change: +194% · Conversion: Difficult
Blend value · Realmo final
$3.95M
Range $3.56M – $4.35M · ±10% · vs last sale $3.95M (May 30 2024)
Last sale anchor
$3.95M
May 30 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$395 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$31,797
Tax year 2024
Assessed value
$765,040
Assessed 2024
Previous assessed
$765,040
+0.0% YoY
Effective rate
4.16%
On assessed value
Assessed land
$89,160
Assessed improvement
$675,880
Land market value
$222,900
Improvement market value
$1,689,700
Total market value
$1,912,600
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Status
For Lease
Year built
2001
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
13
Stories
1
Total area
10,000 SF
Lot
3.3 ac (143,748 SF)
Zoning code
IL
APN
0904-18-2- -00008
UPID
US22-4282149
Jurisdiction
DOUGLAS
Zoning & alternative use
IL · Douglasville, GA
Zoning IL · permitted uses
IL · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglasville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.0M
OFFICE BUILDING
Est. value
$2.6M
RESTAURANT
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
13
Lot
3.3 ac
Current owner
From public records · entity-resolved
Wr Douglasville Atlanta Portfolio L
Individual
Mailing address
5493 WESTMORELAND PLZ, DOUGLASVILLE, GA 30134-8521
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2024
$3,950,000
Wr Douglasville Atlanta Portfolio L
5493 Westmoreland LLC
Warranty Deed
$5,740,000 · United Bank
May 30, 2024
—
Wr Douglasville Atlanta Portfolio L
5493 Westmoreland LLC
Quit Claim Deed
related
—
May 5, 2022
—
5493 Westmoreland LLC
—
Deed
related
$1,500,000 · Southstate Bank
Sep 18, 2019
$1,818,000
5493 Westmoreland LLC
Westmoreland Park LLC
Warranty Deed
related
$1,350,000 · Tom Fullerton
Jul 19, 2016
—
Westmoreland Park LLC
—
Deed
related
$1,200,000 · Cathryn D Dunn
Dec 19, 2013
$1,197,410
Westmoreland Park LLC
Rollins,b Keith & Sandra P
Warranty Deed
$1,197,410 · B Keith & Sandra P Rollins
Sep 2, 2004
$1,884,000
Rollins B K
Stone Street Investments LLC
Warranty Deed
$1,507,200 · Community Bank South
—
—
B Keith Rollins
—
Loan Modification
related
$1,197,410 · Community Bank South
—
—
B Keith Rollins
—
Deed Of Trust
related
$1,274,309 · Community Bank South
—
—
Westmoreland Park LLC
—
Deed Of Trust
related
$1,200,000 · Cathryn D Dunn
—
—
B Keith Rollins
—
Deed Of Trust
related
$1,274,309 · Community Bank South
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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