2482 Bright Star RdDouglasville, GA 30134

  • Industrial properties
  • 12,000 SF
For Sale
$1,250,000 View listing

Property Details for 2482 Bright Star Rd

Year built
1990
Construction
STEEL FRAME
Lot size
2.77 AC
Property size (Sq ft)
12,000 SF
Zone code
LI
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
0163-02-5- -00010
APU
16302500010

Description

This 12,000-square-foot warehouse in Douglasville, GA, presents a compelling investment opportunity. Located at 2482 Bright Star Rd, this single-tenant, Class B industrial property boasts a 7.2% cap rate and a net operating income (NOI) of $90,000. Built in 1980, the warehouse sits on a substantial 63,162-square-foot lot (approximately 1.45 acres) and features two loading docks. Currently 100% occupied under a NNN lease, this stabilized investment offers a strong return. The property is zoned for light industrial use and provides ample space for various business needs. The asking price is $1,250,000, translating to $104.17 per square foot. Its prime location offers convenient access to major transportation routes, making it an ideal distribution or manufacturing hub. This property is a turnkey solution for investors seeking a stable, high-return industrial asset in a thriving business park. The property features a single building and is in excellent condition. The APN is 01630250008.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,670,354
    Hospitality
    $2,446,030
    Educational
    $2,035,068
    Medical
    $2,105,057
    Retail
    $3,165,662
2482 Bright Star Rd, Douglasville, Georgia

Location Insight

City
Douglasville
County
Douglas
State
Georgia
Latitude
33.7374
Longitude
-84.777
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
2024
$7,287
$28,280
$203,320
$231,600
-
$70,700
$508,300
$579,000

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