Property Location

3684 Highway 5, Douglasville GA 30135

Interactive Map

List Price $3,500,000
Units 1
Est. Cap Rate 0.2%
Est. Cash-on-Cash -23.3%
Price / Unit $3,500,000
Est. Year 1 Cash Flow $-204,028 after debt service
3684 Highway 5 Douglasville, GA 30135
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
Back on the Market at a reduced price! This 49.62 Acres is a part of a 75 Acre Assemblage that has been Pre-Approved for an Mixed Use Development by Zoning Department of Douglas County. Conveniently located just outside of the city of Douglasville. The sewer line is located next door where we already have a Easement/Access point. A Lift Station would be needed Property does have a Power Easement that makes up a little over 10 acres undevelopable and a creek that actually starts on our property & would require a 150 ft buffer. Since the property sits in the Bear Creek Basin the County is lim. the impervious coverage to 25% for entire dev See also FMLS# 7346516, 7346502 Unique Investment Opportunity: Hybrid Entertainment & Technology Complex Welcome to a rare investment opportunity that seamlessly combines cutting-edge technology with world-class entertainment. This expansive property features a high-tech data center and an exciting water park venue, creating a dynamic mix of revenue streams. Perfect for investors seeking a diverse, profitable portfolio, this hybrid complex allows for multiple business models, ensuring year-round cash flow regardless of seasonal trends. Entertainment Venue Highlights: Site might be suitable for Andretti Indoor Karting & Attractions: Featuring a range of ticket options, from general admission and VIP passes to seasonal and family packages. The park also includes additional attractions like arcades, mini-golf, and go-kart tracks, ensuring guests of all ages have fun. Food & Beverage: Multiple dining options, from quick service to themed restaurants, provide varied options for every taste. Plus, you can drive additional revenue through bundled meal deals and in-park retail, offering swimwear, toys, and park-related souvenirs. Events & Private Rentals: From corporate retreats to private parties, there's space for both business and leisure. Special events like holiday celebrations, concerts, and themed nights provide exciting opportunities for additional revenue. Data Center Features: Colocation & Server Hosting: Offer a range of services, from dedicated server hosting to private cloud solutions, perfect for businesses in need of secure, reliable infrastructure. Cloud Services & Data Storage: Capitalize on the growing demand for cloud-based services and data storage, offering flexible pricing models for companies across various industries. High-Speed Connectivity & IT Services: Rent out high-speed internet bandwidth, offer managed IT support, and provide disaster recovery solutions, creating long-term, stable revenue. Hybrid Revenue Models: Tech + Entertainment Events: Host tech expos, hackathons, and esports tournaments, blending business and leisure. These events can take place in both the data center and water park, offering networking opportunities and fun for participants. This exceptional property provides a solid foundation for growth, with integrated entertainment and technology offerings that maximize revenue potential. Whether it’s leveraging the seasonal attractions of the water park or the year-round reliability of the data center, this investment is designed to thrive in any market condition. For more information about additional acreage contact the listing agent directly Site shows well as the majority of the property has been cleared and is drivable. Just send me a text with Name, License Number, and Email Address as the property is currently occupied. Property is Being Sold AS-IS, with No Sellers Disclosure Statement 1.Subject property includes 48.612 Acres +/- 3684 Highway 5 Douglasville, GA 30135-2302. Parcel ID00990250188, Plat Book/ Page 1122/470& The 1.01 Acres, house located at 3688 Highway 5 Douglasville, GA 30135-2302. Year Built 1966Parcel ID 00990250136, Plat Book/ Page 2899/4392. Property is Being Sold AS-IS, with No Sellers Disclosure Statement. Seller has requested that No Sign be placed in the Yard
Investment Notes — Douglasville
  • Located in the Douglasville, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $3,500,000 Verified
Est. Cap Rate 0.16% Modeled
Est. Cash-on-Cash -23.32% Modeled
Est. Gross Income $12,595 Modeled
Est. NOI $5,542 Modeled
Est. Year 1 Cash Flow $-204,028 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
Investment Calculator

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Jeff’s Investment Take

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Est. Cap0.2%
Est. CoC-23.3%
Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7337593 · Listing courtesy of HomeSmart, Alex Wallace · 678-914-8134

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily