Restaurant with Drive-Through
For Sale
$449,900
Pending
200 N Saint Augustine Rd, Valdosta, GA 31601
Freestanding restaurant property with optional furnishings, on-site parking, and the ability to add drive-through service.
Property Size3,680 SF
Days on Market39
Property Features for 200 N Saint Augustine Rd
General Information
Standard status
Pending
Size
3,680 SF
Additional Details
Furnished
No
Drive-Thru
No
Taxes and HOA fees
Annual Taxes
$7,347
Listing Agency:
Canopy Realty Group
(229) 561-3472
Listed By:
Steven Dansereau
(229) 561-3472
Source:
Exprealty
Added: Jul 4
Changed: Aug 9
Last Checked: Aug 10 at 10:26AM
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 Canopy Realty Group
Investment Insights
Based on property information with market context.
This restaurant property contains 3,680 square feet and can be conveyed with or without furnishings. The layout offers an established commercial setting for restaurant operations, with sufficient on-site parking and the physical potential to accommodate a drive-through window.
The property is located at 200 N Saint Augustine Rd in Valdosta, Georgia. Its configuration combines restaurant space, parking, and a possible drive-through component in a single commercial asset.
The property is located at 200 N Saint Augustine Rd in Valdosta, Georgia. Its configuration combines restaurant space, parking, and a possible drive-through component in a single commercial asset.
Key Highlights
- 3,680‑square‑foot restaurant property
- Furnishings may be included or excluded
- Drive‑through window can be added
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
$33,955
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
7.55%
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%
$679,100
$679.1K
Cap Rate 7%
$485,071
$485.1K
Cap Rate 9%
$377,278
$377.3K
Market Conditions
NOI Build-Up for 3,680 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
$48.6K $13.20/SF
− Vacancy
−$3.3K −$0.90/SF
EGI
$45.3K $12.30/SF
− OpEx
−$11.3K −$3.08/SF
NOI
$34.0K $9.23/SF
Area
Lowndes County, GA
Vacancy
6.80%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
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%
$679,100
Cap Rate 7%
$485,071
Cap Rate 9%
$377,278
Alternative Uses
Best Use
Specialty Retail
$485.1K
$424.4K – $565.9K
NOI $33,955 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$558.7K
$488.9K – $651.8K
NOI $39,108 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
57k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Hotels & Casinos 20%
Shops & Services 12%
Home Improvements & Furnishings 1%
Bojangles' Famous Chicken 'n Biscuits
Dining
20,226 visits/mo
0.4 miles
Wendy's
Dining
17,732 visits/mo
0.4 miles
Holiday Inn Valdosta Conference Center
Hotels & Casinos
7,082 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
4,271 visits/mo
0.1 miles
Comfort Inn & Suites
Hotels & Casinos
4,225 visits/mo
0.4 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant property with optional furnishings, on-site parking, and the ability to add drive-through service.
Where is this conventional restaurant located?
The property is located at 200 N Saint Augustine Rd Valdosta, GA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 3,680‑square‑foot restaurant property; Furnishings may be included or excluded; Drive‑through window can be added
