Conventional Restaurant with Drive-Through
For Sale
$449,900
Pending
200 N St Augustine Rd, Valdosta, GA 31601
Commercial Sale, Valdosta, GA
Property Size3,680 SF
Lot Size0.69 Acres
Days on Market94
Property Features for 200 N St Augustine Rd
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
Pending
APN
0086D 078
Size
3,680 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LTS1-5 BLK C Westside PRK
Tax Annual Amount
7348
Legal Description
LTS1-5 BLK C Westside PRK
Building Details
Year built
1994
Listing Agency:
Canopy Realty Group
(229) 630-2400
Listed By:
Steven Dansereau
(229) 561-3472
Added: Jul 3
Changed: Aug 20
Last Checked: Oct 4 at 7:06AM
MLS# 154271
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 conventional restaurant property includes 3,680 square feet of building area on a 0.69-acre parcel. The premises may be transferred furnished or unfurnished, providing flexibility for the next operator. A drive-through window can be added to the existing setup, and on-site parking is available.
Built in 1994, the property is located at 200 N St Augustine Rd in Valdosta, Georgia. C 3 zoning is identified for the site, and the restaurant format supports continued food-service use. The combination of an established building footprint, parking, and adaptable furnishing options creates a practical commercial restaurant offering.
Built in 1994, the property is located at 200 N St Augustine Rd in Valdosta, Georgia. C 3 zoning is identified for the site, and the restaurant format supports continued food-service use. The combination of an established building footprint, parking, and adaptable furnishing options creates a practical commercial restaurant offering.
Key Highlights
- 3,680‑square‑foot restaurant building
- 0.69‑acre parcel in Valdosta, GA
- Furnishings may be included or excluded
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
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Current Use
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
179k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 38%
Hotels & Casinos 8%
Circle K
Shops & Services
52,150 visits/mo
0.5 miles
McDonald's
Dining
35,274 visits/mo
0.4 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
20,226 visits/mo
0.2 miles
Wendy's
Dining
17,732 visits/mo
0.2 miles
IHOP
Dining
15,427 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property offering flexible furnishing options, parking, and the ability to add a drive-through window.
Where is this conventional restaurant located?
The property is located at 200 N St 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 building; 0.69‑acre parcel in Valdosta, GA; Furnishings may be included or excluded
