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    8501 Hospital Dr Douglasville, GA 30134-2414
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    Property profile & analytics

    8501 Hospital Dr, Douglasville, GA 30134-2414

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    • Grocery and convenience stores
    • 100,312 SF
    • 10.21 lot acres
    Off-Market
    Last Sale Jan 21, 2020
    $14,100,000
    Property ID
    US22-1024799
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $14,205,000
    Show details
    Cap Rate Potential
    8.7%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Kroger / Grocery & Convenience Store / Food Market
    • Additech / Gas Station
    • Kroger Bakery / Bakery / Specialty Food Shop
    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • Kroger Money Services / Bank / Credit Union

    Property Details for 8501 Hospital Dr

    Year built
    1988
    Construction
    CONCRETE
    Lot size
    10.21 lot acres
    Zone code
    CG
    Property type
    Grocery and convenience stores
    APN
    0050-01-5- -00007
    APU
    5001500007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 21, 2020 — Cp Douglas Commons LLC Suso 2 Douglas LP Quit Claim Deed · related —
    Jan 21, 2020 $14,100,000 Cp Douglas Commons LLC Suso 2 Douglas LP Grant Deed —
    Apr 19, 2013 — Suso 2 Douglas LP — Deed Of Trust · related $110M · Key Bank NA
    Mar 27, 2013 $120,000 Suso 2 Douglas LP Equity One INC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $16,215,000
      ML approach
      $11,890,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $14,723,000
      Market price range: $4.48M - $14.8M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $14,230,000
      Current use
      MEDICAL BUILDING
      $21,815,000
      Change: +53% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $11,605,000
      Change: -18% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Douglasville
    County
    Douglas
    State
    Georgia
    Longitude
    -84.732
    Latitude
    33.7494
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $204,911
    $772,958
    $4,247,642
    $5,020,600
    -
    $1,932,396
    $10,619,104
    $12,551,500

    Property Visit Statistics

    • Visits by month
      78.0k
    • Visitors by month
      42.2k
    • Avg Time on site
      25 min
    More about this property
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