Storefront Property with
375 Connell Rd, Valdosta, GA 31602
For Sale
$550,000
Commercial Sale, Valdosta, GA
Property Size4,550 SF
Lot Size0.51 Acres
Price / SF$120.88
Days on Market47
Property Features for 375 Connell Rd
General Information
Property type
Property subtype
Zoning
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Listing Agency:
No Place Like Home
Listed By:
Debi Chamberlain · License #240353
(229) 412-5911
Added: Sep 24
Changed: Oct 17
Last Checked: Nov 9 at 3:06AM
MLS# 155122
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.
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Investment Insights
Based on property information with market context.
Built in 2002, this 4,550-square-foot storefront property is configured for dry-cleaning operations. Interior areas include a customer service counter, a separate tailoring and alterations area, and a rear warehouse with vent fans. A gas boiler serves the building. The sale includes equipment, furniture, and other tangible and intangible business assets, including washing machines, dryers, presses, tools, supplies, shelves, hangers, and a 2001 Dodge Sprinter van.
A drive-through, three roll-up doors, and a loading dock provide customer and service access. The property sits on 0.51 acres in Valdosta and is zoned ch.
A drive-through, three roll-up doors, and a loading dock provide customer and service access. The property sits on 0.51 acres in Valdosta and is zoned ch.
Key Highlights
- 4,550‑square‑foot storefront building on 0.51 acres
- Drive‑through, three roll‑up doors, and a loading dock
- Separate customer counter, tailoring and alterations area, and rear warehouse with vent fans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,917
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,340
$718.3K
Cap Rate 7%
$513,100
$513.1K
Cap Rate 9%
$399,078
$399.1K
Market Conditions
NOI Build-Up for 4,550 SF
Gross rent
$57.3K $12.60/SF
− Vacancy
−$6.0K −$1.32/SF
EGI
$51.3K $11.28/SF
− OpEx
−$15.4K −$3.38/SF
NOI
$35.9K $7.89/SF
Area
Lowndes County, GA
Vacancy
10.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$718,340
Cap Rate 7%
$513,100
Cap Rate 9%
$399,078
Alternative Uses
Best Use
Retail
$513.1K
$449.0K – $598.6K
NOI $35,917 @ 7.0% cap · market cap 6.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$690.8K
$604.4K – $805.9K
NOI $48,354 @ 7.0% cap · market cap 8.79%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
960
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 31%
Home Improvements & Furnishings 3%
Electronics 1%
Circle K
Shops & Services
14,860 visits/mo
0.2 miles
SONIC Drive In
Dining
14,104 visits/mo
0.3 miles
Hardee's
Dining
10,603 visits/mo
0.4 miles
Rodeo Mexican Restaurant
Dining
10,578 visits/mo
0.4 miles
Little Caesars Pizza
Dining
5,474 visits/mo
0.5 miles
Demographics for 31602, GA
35,999
Population
15,201
Households
2.4
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
902
Density / Sq Mi
$55,980
Median Household Income
$34,919
Median Earnings
$1,046
Median Rent
$197,100
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
Frequently Asked Questions
What type of property is this?
Storefront property - Dry-cleaning equipment, furnishings, and business assets are included in the sale.
Where is this storefront property located?
The property is located at 375 Connell Rd Valdosta, GA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4,550‑square‑foot storefront building on 0.51 acres; Drive‑through, three roll‑up doors, and a loading dock; Separate customer counter, tailoring and alterations area, and rear warehouse with vent fans
