Brick Corner Commercial
501 N Toombs St Valdosta, GA 31601
501 N Toombs St, Valdosta, GA, 31601
$300,000
For Sale
$300,000
Brick commercial building on a prominent corner lot with a flexible open plan, dedicated storage, and on-site parking.
Property Size1,898 SF
Price / SF$158.06
Days on Market20
Property Features for 501 N Toombs St
General Information
- Standard status
- Active
- Size
- 1,898 SF
Listing agency
Georgia Florida Real Estate Services
(229) 561-0232
Listed by
Melissa Sherwood
(229) 561-0232
Source
Exprealty
Added: Jul 2 Updated: Jul 21 at 7:09AM Checked: Jul 21 at 7:09AM
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 Georgia Florida Real Estate Services
Investment Insights
Based on property information with market context.
This well-constructed brick commercial building is positioned on a prominent corner lot and is described as offering exceptional visibility, strong traffic exposure, and outstanding accessibility. The flexible floor plan includes an expansive open area with dedicated storage, supporting a range of commercial, office, showroom, or service-related uses.
The property is located at 501 N Toombs St in Valdosta, GA, and includes on-site parking for customers, clients, and employees. The layout is described as adaptable, with signage opportunities available to help support visibility for a business.
The building is currently being used as a colocation facility with recurring revenue, reflecting its practical, configurable interior setup for this type of operation.
The property is located at 501 N Toombs St in Valdosta, GA, and includes on-site parking for customers, clients, and employees. The layout is described as adaptable, with signage opportunities available to help support visibility for a business.
The building is currently being used as a colocation facility with recurring revenue, reflecting its practical, configurable interior setup for this type of operation.
Key Highlights
- Well‑constructed brick commercial building on a prominent corner lot with flexible use layout
- Open‑area floor plan with dedicated storage for a variety of commercial, office, showroom, or service uses
- On‑site parking for customers, clients, and employees
Local 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 | $23.9k | $12.60 |
| − Vacancy | −$2.5k | −$1.32 |
| EGI | $21.4k | $11.28 |
| − OpEx | −$6.4k | −$3.38 |
| NOI | $15.0k | $7.89 |
1,898 SF · lease $12.60/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$214.0K
$187.3K – $249.7K
NOI $14,983 @ 7.0% cap · market cap 4.99%
Second Best
Office B
$209.4K
$183.2K – $244.3K
NOI $14,656 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$288.1K
$252.1K – $336.2K
NOI $20,170 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Brick commercial building on a prominent corner lot with a flexible open plan, dedicated storage, and on-site parking.
Where is this office units located?
The property is located at 501 N Toombs St Valdosta, GA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Well‑constructed brick commercial building on a prominent corner lot with flexible use layout; Open‑area floor plan with dedicated storage for a variety of commercial, office, showroom, or service uses; On‑site parking for customers, clients, and employees
