Valdosta Commercial Strip
For Sale
$495,000
3971 Inner Perimeter, Valdosta, GA 31605
COMMERCIAL - Valdosta, GA
Property Size4,000 SF
Lot Size0.89 Acres
Price / SF$123.75
Days on Market269
Property Features for 3971 Inner Perimeter
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-H
Subdivision
2-N of Park Ave to E Oak St (City Limits)
Standard status
Active
APN
0149B 034
Size
4,000 SF
Lot size
0.89 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
DB 3979-75
Tax Annual Amount
6941
Legal Description
DB 3979-75
Building Details
Year built
2006
Listing Agency:
FIRST COMMERCIAL REAL ESTATE
(229) 561-1939
Listed By:
Scott Alderman · License #109748
(229) 561-1939
Added: Nov 3, 2025
Changed: Jun 9
Last Checked: Jul 30 at 12:06PM
MLS# 146713
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 commercial property features a 4,000-square-foot strip center with three units, all of which are currently leased. Unit A/B comprises 2,000 square feet and is leased for $1,995 per month. Unit C and Unit D each offer 1,000 square feet and are leased for $1,000 per month each. The property is zoned C-H and is located within the city limits, with water and sewer services available on-site. Situated on Inner Perimeter, a busy four-lane divided major corridor, the location benefits from a traffic count of 15,000 vehicles per day. The city is expanding its water and sewer infrastructure nearby, contributing to ongoing growth in the area. A new U-Haul Moving & Storage Center is also under construction nearby. The property generates a gross annual income of $47,940, with a net operating income (NOI) of $36,000 per year after accounting for 25% operating expenses. The lot size is 0.893 acres.
Key Highlights
- 100% leased, generating $47,940/year gross income.
- Excellent 7.3% cap rate at the $495,000 list price.
- Strategic location on Inner Perimeter, a busy 4‑lane corridor with 15,000 vehicles per day.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.4k | $12.60 |
| − Vacancy | −$5.3k | −$1.32 |
| EGI | $45.1k | $11.28 |
| − OpEx | −$13.5k | −$3.38 |
| NOI | $31.6k | $7.89 |
4,000 SF · lease $12.60/SF/yr · vacancy 10.50% · expense 30.00%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
59
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully leased commercial income property on busy Inner Perimeter.
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: 100% leased, generating $47,940/year gross income.; Excellent 7.3% cap rate at the $495,000 list price.; Strategic location on Inner Perimeter, a busy 4‑lane corridor with 15,000 vehicles per day.
