Mixed-Use Property with Rental
110 W North, Valdosta, GA 31601
COMMERCIAL - Valdosta, GA
Property size:
1,630 SFLot size:
0.17 AcresPrice / SF:
$119/SF- Added:
- Mar 24, 2026
- Days on Market:
- 69
- Last Refresh:
- May 31 at 8:06 pm
Property Features for 110 W North
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R-P
- Standard status
- Active
- APN
- 0118A 111
- Size
- 1,630 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LT 2 BLK 215 SLATER, ASHLEY
- Tax Annual Amount
- 2484
Building Details
- Year built
- 1920
Listing agent Tammy Borders License #207186 (229) 560-5889
Listing office REAL LIVING REALTY ADVISORS 1008 Slater St, Valdosta, GA (229) 560-5889
Listing date Mar 24, 2026
MLS# 153079
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
- Mixed‑use property offering potential for two rental units.
- Enjoy existing income from a vintage 1‑bedroom, 1‑bath apartment currently rented for $450/month, featuring a sitting room and laundry area.
- Front portion is a hair salon with waiting area, work area, additional room, half bath, and storage.
- Separate electric and gas meters for each unit.
- Salon conversion to apartment is possible.
- Approximately five parking spaces at the rear, plus street parking.
Overview
This mixed-use property, constructed in the 1920s-30s, features stucco-on-block construction and offers potential for various uses. The front portion of the property currently operates as a hair salon, featuring a waiting area, a main work area, an additional room, a hallway half bath, and a storage room. This front space could be converted into a single apartment, creating two residential rental units. Originally a single-family home, the property has been converted into two rental spaces. The rear of the property includes a 1-bedroom, 1-bath apartment with a sitting room and laundry area, currently rented for $450 per month. The property has shared water service, with separate electric and gas meters for each unit. Approximately five parking spaces are located at the rear, with additional street parking available. The lot size is 0.17 acres. The property is zoned R-P. The building size is 1630 square feet and is located in Valdosta, GA.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.5k | $15.00 |
| − Vacancy | −$2.9k | −$1.80 |
| EGI | $21.5k | $13.20 |
| − OpEx | −$8.1k | −$4.95 |
| NOI | $13.4k | $8.25 |
1,630 SF · lease $15.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$192.1K
$168.1K – $224.1K
NOI $13,448 @ 7.0% cap · market cap 6.90%
Second Best
Retail
$183.8K
$160.8K – $214.5K
NOI $12,867 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$247.5K
$216.5K – $288.7K
NOI $17,322 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Valdosta
- County
- Lowndes
- State
- Georgia
- Longitude
- -83.2832025
- Latitude
- 30.8373283
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Charming mixed-use property with salon and apartment rental income.
Where is this mixed-use property located?
The property is located at 110 W North Valdosta, GA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Mixed‑use property offering potential for two rental units.; Enjoy existing income from a vintage 1‑bedroom, 1‑bath apartment currently rented for $450/month, featuring a sitting room and laundry area.; Front portion is a hair salon with waiting area, work area, additional room, half bath, and storage.
