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Air-Conditioned Fitness Center
For Sale
$999,900

1874 Business Parkway, Valdosta, GA 31601

Commercial Sale, Valdosta, GA

Property Size10,973 SF
Lot Size0.58 Acres
Price / SF$91.12
Days on Market554

Property Features for 1874 Business Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-3
Subdivision 4-S Baytree Rd to W Oak St to S Hill Ave (CtyLmts)
Standard status Active
APN 0086D 014
Size 10,973 SF
Lot size 0.58 Acres

Additional Details

Currently Operating Yes
Property Use Light Industrial

Taxes and HOA fees

Tax Year 2024
Tax Description LT 4 BLK A VAL CTR BUS PRK PH-2
Tax Annual Amount 9671
Legal Description LT 4 BLK A VAL CTR BUS PRK PH-2

Building Details

Year built 2000
Listing Agency: Dove Realty, Inc.
Listed By: Evan Roark
Added: Apr 24, 2025 Changed: Oct 23 Last Checked: Oct 29 at 2:06PM
MLS# 144668

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 10,973-square-foot commercial facility is currently configured as a cheerleading gym and includes a 9,240-square-foot air-conditioned warehouse, a 1,452-square-foot lobby, and three restrooms. The warehouse measures 70 feet by 132 feet, while the front lobby measures 22 feet by 66 feet and can accommodate reception, retail, or waiting functions. A 10-by-12-foot roll-up door provides access for equipment and inventory movement.

The property occupies approximately 0.58 acres, or 25,265 square feet, at 1874 Business Parkway in Valdosta. C-3 zoning, paved parking, and street visibility support a range of commercial configurations. Built in 2000, the building offers a substantial enclosed layout for fitness, training, recreation, light industrial, or warehouse distribution uses.

Key Highlights

  • 9,240‑square‑foot air‑conditioned warehouse measuring 70 feet by 132 feet
  • 1,452‑square‑foot lobby measuring 22 feet by 66 feet
  • 10‑by‑12‑foot roll‑up door for loading access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,675
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,293,500 $1.3M
Cap Rate 7%
$923,929 $923.9K
Cap Rate 9%
$718,611 $718.6K
Market Conditions
NOI Build-Up for 10,973 SF
Gross rent
$81.6K $7.44/SF
− Vacancy
−$5.6K −$0.51/SF
EGI
$76.1K $6.93/SF
− OpEx
−$11.4K −$1.04/SF
NOI
$64.7K $5.89/SF
Area
Lowndes County, GA
Vacancy
6.80%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,293,500
Cap Rate 7%
$923,929
Cap Rate 9%
$718,611

Alternative Uses

Best Use
Warehouse
$923.9K
$808.4K – $1.08M (±1% cap)
NOI $64,675 @ 7.0% cap · market cap 6.47%
Second Best
Flex RnD
$839.1K
$734.2K – $978.9K (±1% cap)
NOI $58,736 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M (±1% cap)
NOI $116,612 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Fitness centers & gyms

Suggested Use

Top Pick Real Estate Agency Storage Facility Spa & Massage Center Nail Salon Gym & Fitness Center Skin Care Clinic

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

364
Businesses Nearby
Balanced
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Noel George Field — 1606 Norman Dr, Valdosta, GA 31601

Frequently Asked Questions

What type of property is this?
Fitness center & gym - Commercial facility with a climate-controlled warehouse, expansive reception area, loading access, and paved parking.
Where is this fitness center & gym located?
The property is located at 1874 Business Parkway Valdosta, GA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 9,240‑square‑foot air‑conditioned warehouse measuring 70 feet by 132 feet; 1,452‑square‑foot lobby measuring 22 feet by 66 feet; 10‑by‑12‑foot roll‑up door for loading access
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