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12811 Veterans Memorial Parkway 7274 Bankhead Hwy

12,000 SF 100% Leased Flex Building Douglasville, GA 30134 $950,000 ($79/SF) 12.98% Cap Rate

Investment Highlights

  • Positioned at 7274 Bankhead Highway, this commercial office property enjoys high visibility & strategic address.
  • Zoned Industrial Light (IL), the property accommodates various commercial & light industrial activities, providing flexibility for different business
  • 12,000 square feet of versatile office space, the property caters to a diverse range of business needs, providing ample room for operations and growth
  • Whether you're an entrepreneur seeking a strategic office location or an investor looking for a versatile commercial asset,

Executive Summary

Introducing a Prime Commercial Office Destination: 7274 Bankhead Highway (12811 Veterans Highway)!
Unlock the potential of this distinguished commercial office property, strategically located at 7274 Bankhead Highway. Boasting 12,000 square feet of versatile office space, this well-appointed property was constructed in 1973 and is poised to cater to a diverse range of business needs. The property rents are a minimum. The average rents can be increased 50% +. Additionally, the rents are calculated at a useable rate not an rentable rate. (Call for proforma calculations discussion)
Situated on Bankhead Highway, this property enjoys a prime location with high visibility, making it an ideal hub for businesses seeking a strategic address.
Zoned Industrial Light (IL), the property accommodates a wide range of commercial and light industrial activities, providing flexibility for various business ventures.
The versatile layout and design of the property make it suitable for a variety of office-based operations, ensuring adaptability to meet the evolving needs of modern businesses, with an additional 6,000 square feet of unfinished basement.
Whether you're an entrepreneur looking for a strategic office location or an investor seeking a versatile commercial asset, 7274 Bankhead Highway is a canvas for success. Don't miss the opportunity to make your mark in this dynamic business landscape.

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $950,000
Price Per SF $79
Sale Type Investment
Cap Rate 12.98%
Sale Conditions Deferred Maintenance
Property Type
Flex
  • Office Medical
Building Class C
Lot Size 0.57 AC
Rentable Building Area 12,000 SF
No. Stories 2
Year Built 1973
Parking Ratio 3.75/1,000 SF
Cross Streets Bill Arp Rd

Amenities

  • 24 Hour Access
  • Security System

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1025-01-9-0-046
Land Assessment
$26,080 (2023)
Improvements Assessment
$92,200 (2023)
Total Assessment
$118,280 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022

zoning

Zoning Code IL
IL
  • Listing ID: 30359873

  • Date on Market: 12/13/2023

  • Last Updated:

  • Address: 7274 Bankhead Hwy, Douglasville, GA 30134

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