Auto Shop with Access
For Sale
$224,900
819 S Lee St, Valdosta, GA 31601
Corner-site commercial building with surface parking and an interior ready for custom configuration.
Property Size3,952 SF
Price / SF$56.91
Days on Market48
Property Features for 819 S Lee St
General Information
Standard status
Active
Size
3,952 SF
Property Condition
Severity
Major Repairs Needed
Evidence
Interior has been opened and gutted
Building Details
Year Built
1989
Listing Agency:
Sheridan Solomon & Associates
Listed By:
Katherine Ball
(478) 746-2000
Source:
Eternorealtygroup
Added: Aug 30
Changed: Oct 9
Last Checked: Oct 7 at 5:47PM
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 Sheridan Solomon & Associates
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Investment Insights
Based on property information with market context.
This 3,952-square-foot auto shop is arranged for vehicle-oriented commercial use, with large access bays and an additional garage. The garage includes an attached commercial air compressor. Much of the interior has been opened and gutted, creating a blank layout for a new custom buildout. The property was formerly used as a commercial tire shop and is currently identified as a machine shop.
Located at 819 S Lee St in Valdosta, Georgia, the property occupies a corner site near downtown. A large surface parking area and direct ingress and egress support vehicle access to the building. The combination of bay access, supplemental garage space, parking, and unfinished interior provides a defined starting point for an automotive or industrial operation.
Located at 819 S Lee St in Valdosta, Georgia, the property occupies a corner site near downtown. A large surface parking area and direct ingress and egress support vehicle access to the building. The combination of bay access, supplemental garage space, parking, and unfinished interior provides a defined starting point for an automotive or industrial operation.
Key Highlights
- 3,952‑square‑foot auto shop building
- Large access bays for vehicle‑oriented operations
- Additional garage with attached commercial air compressor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,810
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,200
$356.2K
Cap Rate 7%
$254,429
$254.4K
Cap Rate 9%
$197,889
$197.9K
Market Conditions
NOI Build-Up for 3,952 SF
Gross rent
$27.5K $6.96/SF
− Vacancy
−$2.1K −$0.52/SF
EGI
$25.4K $6.44/SF
− OpEx
−$7.6K −$1.93/SF
NOI
$17.8K $4.51/SF
Area
Lowndes County, GA
Vacancy
7.50%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,200
Cap Rate 7%
$254,429
Cap Rate 9%
$197,889
Alternative Uses
Best Use
Retail
$445.7K
$390.0K – $520.0K
NOI $31,197 @ 7.0% cap · market cap 13.87%
Second Best
Industrial
$254.4K
$222.6K – $296.8K
NOI $17,810 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$600.0K
$525.0K – $700.0K
NOI $41,999 @ 7.0% cap · market cap 18.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31601, GA
32,331
Population
14,345
Households
2.3
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
159.0 sq mi
ZIP Area
203
Density / Sq Mi
$34,846
Median Household Income
$28,878
Median Earnings
$872
Median Rent
$112,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Johnny's Towing Inc. — 209 Tucker Rd, Valdosta, GA 31601
- Salvage GM of South Georgia — 1008 Tucker Rd, Valdosta, GA 31601
- Motion Wheels, Hubcaps & Tires — 1302 S Patterson St, Valdosta, GA 31601
- Bug Barn — 1507 S Patterson St, Valdosta, GA 31601
- Salvage GM Parts of South Georgia, Inc. — 108 Tucker Rd, Valdosta, GA 31601
Frequently Asked Questions
What type of property is this?
Auto shop - Corner-site commercial building with surface parking and an interior ready for custom configuration.
Where is this auto shop located?
The property is located at 819 S Lee St Valdosta, GA.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 3,952‑square‑foot auto shop building; Large access bays for vehicle‑oriented operations; Additional garage with attached commercial air compressor
