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Turnkey Salon and Wellness Space
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110 W Adair St, Valdosta, GA 31601

R-P zoned property with six rooms and three bathrooms configured for salon, spa, or professional service use.

Property Size2,262 SF
Price / SF$110.08
Days on Market8

Property Features for 110 W Adair St

General Information

Standard status Active
Size 2,262 SF
Property subtype Retail
Zoning R-P

Building Details

Year Built 1942
Buildings 2
Listing Agency: Coldwell Banker Commercial Premier Real Estate
Listed By: John Courson · License #342868
Source: Crexi
Added: Jul 23 Changed: Jul 29 Last Checked: Jul 29 at 6:33PM

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 Coldwell Banker Commercial Premier Real Estate

Investment Insights

Based on property information with market context.

This 2,262 SF commercial property offers a historic-residence feel with a layout designed for a turnkey salon and wellness operation. The building includes six rooms and three bathrooms, and it also features a 400 SF detached garage. R-P zoning supports the current commercial use and may suit uses such as a salon, spa, aesthetics practice, boutique office, or other professional service business, subject to zoning and applicable regulations.

The property is located just minutes from Downtown Valdosta. Within the surrounding one-mile trade area, there are more than 9,200 residents and a 12,400+ daytime population, supporting a steady local customer base for personal care services.

For investors, the property can be evaluated for leasing to a commercial tenant or for potential residential rental use, subject to zoning and applicable regulations. Salon equipment and fixtures are not included in the sale but are available for separate purchase. The property was built in 1942.

Key Highlights

  • 2,262 SF commercial property configured as a turnkey salon and wellness space
  • Six rooms and three bathrooms
  • 400 SF detached garage

Financial Insights For Office B

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 $29.9k $13.20
− Vacancy −$6.6k −$2.90
EGI $23.3k $10.30
− OpEx −$5.8k −$2.57
NOI $17.5k $7.72
2,262 SF · lease $13.20/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$249.5K
$218.3K – $291.1K (±1% cap)
NOI $17,467 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.4K
$300.5K – $400.7K (±1% cap)
NOI $24,039 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,230
Businesses Nearby
Under-served
Demand for This Use

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - R-P zoned property with six rooms and three bathrooms configured for salon, spa, or professional service use.
Where is this spa & wellness property located?
The property is located at 110 W Adair St Valdosta, GA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 2,262 SF commercial property configured as a turnkey salon and wellness space; Six rooms and three bathrooms; 400 SF detached garage
(229) 244-3535 Call to check price and availability
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