Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    375 Connell Rd Valdosta, GA 31602

    Sponsored
    For Sale
    $895,000

    Commercial Sale - Valdosta, GA

    Property size:
    4,550 SF
    Lot size:
    0.51 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 29 at 8:20 pm

    Property Features for 375 Connell Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-H
    APN
    0112A 014A
    Parking features
    Paved or Surfaced
    Interior features
    Private Restrooms
    Exterior features
    Fenced, Sign(s), Lighting, Trash Collection
    Fencing
    Fenced
    Size
    4,550 SF
    Lot size
    0.51 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Floors in Building
    1
    Building materials
    Metal Siding, Stucco
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Scott Alderman

    FIRST COMMERCIAL REAL ESTATE (229) 245-1328

    Listing agent Scott Alderman (229) 561-1939

    Listing date Jan 29, 2026

    MLS# 148500 Listing URL

    Copyright © 2026 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Established Dry Cleaning Business For Sale

    A long-term, established, and profitable dry cleaning, laundry, and alterations business, operating for over 35 years, is available for purchase in Valdosta, GA. The sale includes both the real estate and the business assets. The property features an attractive and functional building situated in a prime location on Connell Rd, a major connector between Ashley St and Bemiss Rd. The business is a complete turnkey operation, including all tangible and intangible assets such as furniture, fixtures, equipment, a 2001 Dodge Sprinter Van, tools, supplies, sundries, contracts, book of business, goodwill, trade/brand name, phone number, and website. The building has an efficient layout, a large pylon sign, a drive-up window, a front customer counter, and a large rear work area with storage. The property is zoned C-H and sits on a 0.51-acre lot. The building size is 4550 square feet. This presents a potential business opportunity for an owner-operator. The owner is retiring.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Big B Cleaners Dry Cleaner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.281414
    Latitude
    30.87323

    Nearby Similar for Sale

    • $2,895,000
      24,300 SF

      Historic Mixed-Use Landmark in Valdosta

      Iconic 24,300 SF historic building in downtown Valdosta.
      105-111 Central Ave, Valdosta, GA 31601
      View Details
    • $629,000
      4,656 SF

      Valdosta Historic Building with Rooftop

      Two-story historic building, formerly a restaurant, with rooftop dining.
      132 Pattterson, Valdosta, GA 31601
      View Details
    • $725,000
      4,842 SF

      Valdosta Office Building For Sale

      Professional office building with functional space in a stable location.
      1108 Gornto Rd, Valdosta, GA 31602
      View Details
    • $549,000
      3,789 SF

      Valdosta Professional Office Near Hospital

      Move-in ready office near South Georgia Medical Center.
      2301 Bemiss Rd, Valdosta, GA 31602
      View Details
    • New
      $549,900
      4,006 SF

      Valdosta Commercial Building on Baytree

      Spacious 4000+ SF building ideal for professional or medical offices.
      1216 Baytree Rd, Valdosta, GA 31602
      View Details
    • $3,600,000
      29,837 SF

      Turn-Key Single-Family Home Portfolio

      Portfolio of 18 single-family homes in established Valdosta neighborhoods.
      18 Single Family Homes, Valdosta, GA 31602
      View Details
    • $499,000
      2,688 SF

      Valdosta Commercial Property For Sale

      Large corner lot property near SGMC, suitable for office conversion.
      2316 Toombs St, Valdosta, GA 31602
      View Details
    • $1,750,000
      25,522 SF

      Valdosta Office and Warehouse Building

      Versatile office and warehouse on a 2.44-acre corner lot.
      201 Troup St, Valdosta, GA 31601
      View Details
    • New
      $280,000
      2,540 SF

      Valdosta Duplex on Quarter-Acre Lot

      Income-producing 3-bedroom, 2-bath duplex on a generous quarter-acre lot.
      1249 Baymeadows Dr, Valdosta, GA 31601
      View Details
    • $845,000
      6,216 SF

      Stabilized Multi-Tenant Office Investment

      Multi-tenant office property near SGMC & Moody AFB.
      411-415 Cowart Ave, Valdosta, GA 31602
      View Details
    • New
      $450,000
      3,600 SF

      Downtown Valdosta Mixed-Use Investment

      Mixed-use property in historic downtown Valdosta with strong income.
      114 Patterson St, Valdosta, GA 31601
      View Details
    • $359,900
      3,183 SF

      Valdosta Commercial Office For Sale

      High-visibility commercial property in historic Valdosta office district.
      706 Patterson St, Valdosta, GA 31601
      View Details

    FAQs

    What type of property is this?
    Storefront property - Turnkey dry cleaning business with real estate in Valdosta, GA.
    Where is this storefront property located?
    The property is located at 375 Connell Rd Valdosta, GA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Established (35+ years), successful, and profitable dry cleaning/laundry/alterations business.; - Complete turnkey operation including all real estate and business assets.; - Attractive, functional building in a great location on a major connector road.
    (229) 561-1939
    Request Owner's contact information
    375 Connell Rd Valdosta, GA 31602
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    375 Connell Rd
    Valdosta, GA 31602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    375 Connell Rd Valdosta, GA 31602
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Alderman
    (229) 561-1939
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.