Property summary
This exceptional commercial office building, located at 8481 Newman Street in Douglasville, Georgia, presents a unique investment opportunity. Built in 1945, the single-building property sits on a 0.4-acre lot, offering excellent visibility and high traffic counts, making it ideal for a new business or established company seeking a prominent location. The property boasts ample parking, including private parking alongside the building and additional spaces in an open lot. The asking price is $249,900. The address is easily accessible within the Douglas County, GA, 30134 zip code. This is a rare opportunity to acquire a well-situated commercial office space in a thriving area. The building's prime location and ample parking make it an attractive option for a variety of businesses. The property's size and features provide flexibility for various business needs. Don't miss this chance to own a piece of Douglasville's commercial real estate market. The property's strategic location and high visibility ensure significant potential for growth and success. This is a must-see property for any serious investor or business owner looking for a strong foothold in the Douglasville area. The building's history and current condition offer a blend of character and potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CG · Douglasville, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for CG in Douglasville, GA.
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