Restaurant and Medical Office
601 5 7 E Park Ave. Valdosta, GA 31601
For Sale
$425,000
Concrete block building with a commercial kitchen, multiple prep areas, and fully operational HVAC plus on-site parking.
Property Size3,844 SF
Price / SF$110.56
Days on Market299
Property Features for 601 5 7 E Park Ave.
General Information
- Standard status
- Active
- Size
- 3,844 SF
Listing Agency:
THE HERNDON COMPANY
(229) 300-7201
Listed By:
Ross Cook · License #423037
(229) 300-7201
Source:
Exprealty
Added: Sep 30, 2025
Changed: Jul 23
Last Checked: Jul 25 at 11:42AM
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 THE HERNDON COMPANY
Investment Insights
Based on property information with market context.
A solid concrete block building offering a flexible layout that was formerly operated as a restaurant. The space includes a wide-open main room, two restrooms, an office that can support security or operations, multiple prep areas, and a full commercial kitchen ready for use. A portion of the interior has drop ceiling in place, with flexibility to add additional ceiling coverage as needed. HVAC is fully operational, and the glass-front façade supports strong curb appeal.
The property is located just off Ashley Drive, directly across from a strip mall anchored by South Georgia Medical Center and Internal Medicine. It sits between a Family Dollar and an Enmark gas station, and the site includes 40+ dedicated parking spaces along with additional corner parking and a semi-circle drive.
The sale includes 3 lots, and the seller is open to selling lots separately. The semi-circle drive also includes a brick structure that previously housed an ATM and may be repurposed to support a business concept. The lot is currently used to host multiple food trucks, highlighting the site’s versatility for a range of commercial uses.
The property is located just off Ashley Drive, directly across from a strip mall anchored by South Georgia Medical Center and Internal Medicine. It sits between a Family Dollar and an Enmark gas station, and the site includes 40+ dedicated parking spaces along with additional corner parking and a semi-circle drive.
The sale includes 3 lots, and the seller is open to selling lots separately. The semi-circle drive also includes a brick structure that previously housed an ATM and may be repurposed to support a business concept. The lot is currently used to host multiple food trucks, highlighting the site’s versatility for a range of commercial uses.
Key Highlights
- Just under 4,000 SF concrete block commercial building previously operated as a restaurant
- Full commercial kitchen plus multiple prep areas for food service or related uses
- Wide‑open main room with 2 restrooms and an office suitable for security or operations
Financial Insights For Specialty 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 | $50.7k | $13.20 |
| − Vacancy | −$3.5k | −$0.90 |
| EGI | $47.3k | $12.30 |
| − OpEx | −$11.8k | −$3.08 |
| NOI | $35.5k | $9.23 |
3,844 SF · lease $13.20/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$506.7K
$443.4K – $591.1K
NOI $35,468 @ 7.0% cap · market cap 8.35%
Second Best
Healthcare Medical
$479.3K
$419.4K – $559.2K
NOI $33,553 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$583.6K
$510.6K – $680.9K
NOI $40,851 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
DataCorp Computer Systems
Electronics & Wireless Store
Similar Off Market Nearby
- The Drop — Valdosta, GA 31602
FAQs
What type of property is this?
Conventional restaurant - Concrete block building with a commercial kitchen, multiple prep areas, and fully operational HVAC plus on-site parking.
Where is this conventional restaurant located?
The property is located at 601 5 7 E Park Ave. Valdosta, GA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Just under 4,000 SF concrete block commercial building previously operated as a restaurant; Full commercial kitchen plus multiple prep areas for food service or related uses; Wide‑open main room with 2 restrooms and an office suitable for security or operations
