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    Lakeland GA Commercial Turn-Key Opportunity Title is generated by Realmo AI

    71 S Valdosta Rd, Lakeland, GA 31635

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    For Sale
    $500,000

    COMMERCIAL - Lakeland, GA

    Property size:
    5,600 SF
    Lot size:
    0.31 Acres
    Price / SF:
    $89/SF
    Added:
    Apr 3, 2025
    Days on Market:
    415
    Last Refresh:
    May 22 at 8:06 am

    Property Features for 71 S Valdosta Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C
    Standard status
    Active
    APN
    L08 0021
    Size
    5,600 SF
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    TF
    Tax Annual Amount
    1765

    Building Details

    Year built
    1984

    We can help!

    Listing Contact
    Scott Alderman
    Scott Alderman

    Listing agent Scott Alderman License #109748

    Listing office FIRST COMMERCIAL REAL ESTATE 5273 Bethany Dr., VALDOSTA, GA

    Listing date Apr 3, 2025

    MLS# 144440

    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.

    HighLights

    • Turn‑key business opportunity: Includes real estate, all business assets, inventory, equipment, and established goodwill for immediate operation.
    • Prime location: Situated on the main road in the heart of Lakeland's business district, with high visibility and accessibility.
    • Established business: 41 years of continuous operation with existing customer base, contracts, and business reputation.
    • Purchase or Lease Option: Flexibility to purchase the property for $250,000 or lease at $2000/month NNN.
    • Functional Building Layout: Features retail showroom, office, shop/work area, warehouse with overhead door, and mezzanine storage.
    • Strategic Location: Centrally located in South Georgia, within 25 minutes of Valdosta, Moody AFB, and other key towns.

    Overview

    The Lakeland Floor Covering Center in Lakeland, Georgia, is available for purchase. This is a turn-key package deal to purchase or lease the real estate and all other business assets. The owner is retiring after 41 years of continuous operation in the same location. The sale includes all tangible and intangible business assets, including the land and building. The building is suited for this business, featuring a front retail showroom, sales/receptionist desk, owner/manager office, middle shop/work area, restroom, rear warehouse with a large overhead door and separate stock room, and bonus mezzanine storage above the showroom and office area. The building is in clean and good condition. This business sells and installs floor coverings and related products and services to retail and wholesale customers throughout South Georgia. The property is in a great location on the main road in the heart of the Lakeland business district. Lakeland is a busy, progressive, friendly home town, 25 minutes from Valdosta, Moody AFB, Nashville, Hahira, Adel, Homerville, and Pearson.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Lanier
    State
    Georgia
    Longitude
    -83.0731213
    Latitude
    31.0363055

    Nearby Similar for Sale

    • $599,900
      6,398 SF

      Lakeland Commercial Building on Highway

      Commercial building with detached structure on a 1.45-acre lot.
      37 E Main St., Lakeland, GA 31635
      View Details
    • $595,000
      672 SF

      Lakeland, GA Mobile Home Park

      Mobile home park with land and homes for sale.
      33 Peeler, Lakeland, GA 31635
      View Details

    FAQs

    What type of property is this?
    Retail space - Turn-key floor covering business with real estate for sale.
    Where is this retail space located?
    The property is located at 71 S Valdosta Rd Lakeland, GA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Turn‑key business opportunity: Includes real estate, all business assets, inventory, equipment, and established goodwill for immediate operation.; Prime location: Situated on the main road in the heart of Lakeland's business district, with high visibility and accessibility.; Established business: 41 years of continuous operation with existing customer base, contracts, and business reputation.
    (229) 561-1939
    We can help!
    Listing Contact
    Scott Alderman
    Scott Alderman
    Real Estate License ID: 109748
    Learn More
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    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
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