Industrial Warehouse
For Sale
$749,900
1009 W West Hill Avenue, Valdosta, GA 31601
Multi-structure warehouse property with office support, loading infrastructure, fenced yard, and circulation for commercial vehicles.
Property Size14,050 SF
Days on Market38
Property Features for 1009 W West Hill Avenue
General Information
Standard status
Active
Size
14,050 SF
Total Parking Spaces
20
Property subtype
Commercial
Zoning
CH
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
27 ft
Dock-High Doors
3
Drive-In Doors
1
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$3,835
Amenities
breakroom
restroom
Building Details
Building Size
14,050 SF
Buildings
2
Stories
1
Listing Agency:
THE HERNDON COMPANY
(229) 269-3687
Listed By:
Jon Bollinger · License #330895
(229) 269-3687
Source:
Homesinvaldosta
Added: Jul 24
Changed: Aug 29
Last Checked: Aug 29 at 8:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE HERNDON COMPANY
Investment Insights
Based on property information with market context.
This industrial warehouse property includes a primary facility of approximately 10,150 square feet and a separate 3,600-square-foot warehouse. The front office area contains two private offices, a shipping and receiving office, and a restroom. The main building provides 25' sidewalls, 27' clear height at the ridge, three dock positions, two 16' roll-up doors, and one sliding door with an 8' x 30' concrete loading pad. A breakroom, additional restroom, and sprinkler system support ongoing operations.
The secondary structure offers matching 25' sidewalls and 27' ridge height, plus a 16' roll-up drive-in door. Outside, the fenced yard includes double-gate access and space for truck parking or equipment storage. Full drive-around capability supports movement around the buildings, loading activity, and site access. The property is located at 1009 W West Hill Avenue in Valdosta, approximately 1.5 miles from I-75, with CH zoning.
The secondary structure offers matching 25' sidewalls and 27' ridge height, plus a 16' roll-up drive-in door. Outside, the fenced yard includes double-gate access and space for truck parking or equipment storage. Full drive-around capability supports movement around the buildings, loading activity, and site access. The property is located at 1009 W West Hill Avenue in Valdosta, approximately 1.5 miles from I-75, with CH zoning.
Key Highlights
- Approximately 10,150 SF primary warehouse plus a separate 3,600‑square‑foot secondary building
- Primary warehouse offers 25' sidewalls, 27' ridge height, and three dock positions
- Two 16' roll‑up doors, one sliding door, and an 8' x 30' concrete loading pad
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,318
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,266,360
$1.3M
Cap Rate 7%
$904,543
$904.5K
Cap Rate 9%
$703,533
$703.5K
Market Conditions
NOI Build-Up for 14,050 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$97.8K $6.96/SF
− Vacancy
−$7.3K −$0.52/SF
EGI
$90.5K $6.44/SF
− OpEx
−$27.1K −$1.93/SF
NOI
$63.3K $4.51/SF
Area
Lowndes County, GA
Vacancy
7.50%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,266,360
Cap Rate 7%
$904,543
Cap Rate 9%
$703,533
Alternative Uses
Best Use
Warehouse
$1.18M
$1.04M – $1.38M
NOI $82,810 @ 7.0% cap · market cap 11.04%
Second Best
Industrial
$904.5K
$791.5K – $1.06M
NOI $63,318 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$2.13M
$1.87M – $2.49M
NOI $149,312 @ 7.0% cap · market cap 19.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
27 ft
Clear height
3
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 31601, GA
32,331
Population
14,345
Households
2.3
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
159.0 sq mi
ZIP Area
203
Density / Sq Mi
$34,846
Median Household Income
$28,878
Median Earnings
$872
Median Rent
$112,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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- All States Moving & Storage — 1009 W Hill Ave, Valdosta, GA 31601
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-structure warehouse property with office support, loading infrastructure, fenced yard, and circulation for commercial vehicles.
Where is this warehouse located?
The property is located at 1009 W West Hill Avenue Valdosta, GA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Approximately 10,150 SF primary warehouse plus a separate 3,600‑square‑foot secondary building; Primary warehouse offers 25' sidewalls, 27' ridge height, and three dock positions; Two 16' roll‑up doors, one sliding door, and an 8' x 30' concrete loading pad
