Leased Strip Retail
New
For Sale
$495,000
3971 Inner Perimeter, Valdosta, GA 31605
The fully leased property has C-H zoning and water and sewer service available at the site.
Property Size4,000 SF
Price / SF$123.75
Days on Market4
Property Features for 3971 Inner Perimeter
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
20
Property subtype
Commercial
Zoning
C-H
Occupancy
100%
Net Operating Income
$36,000
Financials
Asking Price
$495,000
Cap Rate
7.3%
Gross Income
$47,940
Site & Location
Traffic Count
15,000 vehicles/day
Utilities to Site
Yes
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,915
Amenities
Private Restrooms
Sign(s)
Trash Collection
Building Details
Building Size
4,000 SF
Year Built
2006
Stories
1
Tenancy
Multi
Listing Agency:
FIRST COMMERCIAL REAL ESTATE
Listed By:
Scott Alderman · License #109748
(229) 561-1939
Source:
Garnerrealtygroupllc
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 4:18AM
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 FIRST COMMERCIAL REAL ESTATE
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Investment Insights
Based on property information with market context.
Built in 2006, this 4,000-square-foot strip retail property is fully leased and zoned C-H. Water and sewer service are available at the site.
The property is on Inner Perimeter, a four-lane divided corridor with a reported traffic count of 15,000 vehicles per day. It is within the city of Valdosta, Georgia.
The property is on Inner Perimeter, a four-lane divided corridor with a reported traffic count of 15,000 vehicles per day. It is within the city of Valdosta, Georgia.
Key Highlights
- 4,000‑square‑foot strip retail property
- Fully leased
- C‑H zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,576
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,520
$631.5K
Cap Rate 7%
$451,086
$451.1K
Cap Rate 9%
$350,844
$350.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$50.4K $12.60/SF
− Vacancy
−$5.3K −$1.32/SF
EGI
$45.1K $11.28/SF
− OpEx
−$13.5K −$3.38/SF
NOI
$31.6K $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%
$631,520
Cap Rate 7%
$451,086
Cap Rate 9%
$350,844
Alternative Uses
Best Use
Retail
$451.1K
$394.7K – $526.3K
NOI $31,576 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$607.3K
$531.4K – $708.5K
NOI $42,509 @ 7.0% cap · market cap 8.59%
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
15,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 31605, GA
23,682
Population
9,642
Households
2.5
Avg Household Size
32
Median Age
35%
College-Educated
95%
High-School Grad
48.8 sq mi
ZIP Area
485
Density / Sq Mi
$73,991
Median Household Income
$42,359
Median Earnings
$1,230
Median Rent
$211,900
Median Home Value
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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?
Strip mall - The fully leased property has C-H zoning and water and sewer service available at the site.
Where is this strip mall located?
The property is located at 3971 Inner Perimeter Valdosta, GA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 4,000‑square‑foot strip retail property; Fully leased; C‑H zoning
