19300 Valdosta HwyValdosta, GA 31602

Property Details for 19300 Valdosta Hwy

Property type

Other commercial real estate

Property subtype

Investment properties

Description

This exceptional investment opportunity presents a highly visible, income-producing digital billboard located at 19300 Valdosta Hwy, Valdosta, GA 31602, in Brooks County. The billboard boasts a substantial 10' x 36' digital display on one side and a 10' x 36' static vinyl display on the other, generating significant annual revenue exceeding $40,000. The property features a Watchfire digital display (RHR) and a static display (LHR), built approximately in 2012, and holds Georgia Permit # D3831. A long-term lease agreement with the landowner ensures financial stability, extending for 30 years, commencing July 1, 2024, and expiring June 30, 2054. The lease rate is the greater of $1,000 per quarter or 10% of quarterly gross receipts. This translates to a substantial pro-forma NOI of over $25,411 and a compelling pro-forma cap rate of 16.94%. The asking price for this turnkey operation is $150,000, offering a rare chance to acquire a proven, high-performing asset in a prime location. This is an ideal investment for both seasoned billboard operators and newcomers seeking a passive income stream with significant growth potential. The billboard's prominent location ensures maximum visibility and advertising potential, making it an attractive investment for long-term financial success.

Location Insight

City

Valdosta

County

Brooks

State

Georgia

Latitude

30.8565

Longitude

-83.3602

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