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Mixed-Use Property with Rental Income

110 W North Valdosta, GA 31601

110 W North, Valdosta, GA, 31601
$195,000
For Sale
Claim this Listing
$195,000

COMMERCIAL - Valdosta, GA

Property Size1,630 SF
Lot Size0.17 Acres
Price / SF$119.63
AddedMar 24
Days on Market115
Last RefreshJul 16 at 8:06 am

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

Listing office REAL LIVING REALTY ADVISORS 1008 Slater St, Valdosta, GA

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.


Investment Insights

Based on property information with market context.

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.

Key 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.

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 (±1% cap)
NOI $13,448 @ 7.0% cap · market cap 6.90%
Second Best
Retail
$183.8K
$160.8K – $214.5K (±1% cap)
NOI $12,867 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$247.5K
$216.5K – $288.7K (±1% cap)
NOI $17,322 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Pharmacy Skin Care Clinic

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

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.
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