Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1620 Lankford Dr Valdosta, GA 31601

    • Land
    • 0.84 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1620 Lankford Dr

    Lot size
    0.84 lot acres
    Property type
    Land

    Description

    This exceptional 0.84-acre commercial lot presents a remarkable investment opportunity in Valdosta, Georgia. Priced at $125,000, this property boasts a highly desirable location, strategically situated between Interstate 75 and Valdosta State University. The lot features approximately 221 feet of frontage and an average depth of 165 feet, including a convenient curb cut. Its flat, high, and dry terrain is mostly cleared, and city water and sewer services are readily available nearby. The property enjoys excellent visibility and accessibility, positioned next to a Circle K convenience store at the corner of St. Augustine Road, across from a substantial apartment complex, and within close proximity to a strip center and other established businesses. Daily traffic counts are substantial, with 11,200 vehicles passing on Lankford Drive and 18,200 on St. Augustine Road. The convenient location is only 1.2 miles from I-75 Exit 18 and the Valdosta Mall, and just 1.5 miles from Valdosta State University. The property is zoned C-N, offering flexibility for a variety of commercial uses. The APN is 0084D-107. While the address is estimated, this property's location and features make it an ideal investment for entrepreneurs and developers alike.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.3117
    Latitude
    30.8348

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      6 Hill Ave

      Land • 1.00 Acre
      6 Hill Ave, Valdosta, GA 31601
      View Details
    • Value Estimation by Request
      22.50 Acres

      James Rd

      Land • 22.50 Acres
      0 James Rd, Valdosta, GA 31601
      View Details
    • Value Estimation by Request
      65,340 SF

      1905 Hill Ave

      Land • 65,340 SF
      1905 Hill Ave, Valdosta, GA 31601
      View Details
    • Value Estimation by Request
      1.97 Acres

      2350 Highway Ln

      Land • 1.97 Acres
      2350 Highway Ln, Valdosta, GA 31601
      View Details
    • Value Estimation by Request
      1.29 Acres

      7 Hill Ave

      Land • 1.29 Acres
      7 Hill Ave, Valdosta, GA 31601
      View Details
    • Value Estimation by Request
      7.00 Acres

      2 Davis Rd

      Farms • 7.00 Acres
      2 Davis Rd, Valdosta, GA 31601
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.14 Acres

      Valdosta Commercial Land - $8k

      Build-ready lot, prime Valdosta location.
      506 Mystic St, Valdosta, GA 31601
      View Details
    • $1,232,000
      1.54 Acres

      Valdosta Commercial Land - 1.54 Acres

      Prime West Hill Ave. commercial lot. $1.2M.
      0 Hill Ave, Valdosta, GA 31601
      View Details
    • $1,330,000
      10.64 Acres

      Valdosta Commercial Land - 10.64 Acres

      Prime Commercial Land, I-75 Visibility
      0 10.64 Ac Whitewater Rd, Valdosta, GA 31601
      View Details
    • $1,224,000
      203.00 Acres

      Valdosta Land: 203 Acres

      Prime Commercial & Residential Land
      0 Perimeter Rd, Valdosta, GA 31601
      View Details
    • $699,000
      2.54 Acres

      Prime Commercial Land, Valdosta, GA

      2.54 Acres, High Traffic, I-75 Proximity
      0 St. Augustine Rd, Valdosta, GA 31601
      View Details
    • $3,577,500
      22.50 Acres

      Valdosta Commercial Land - I-75 Access

      Prime 22.5-acre commercial lot, I-75 visibility.
      0 James Rd, Valdosta, GA 31601
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,120 SF

      Valdosta Office Space For Lease

      Functional 3120-sf building in Valdosta Center Business Park.
      1709 River St, Valdosta, GA 31601
      View Details
    • Contact for pricing
      4,800 SF

      Valdosta Retail Space: 4,800 SF

      Prime Downtown Valdosta retail space, 4,800 sq ft, ample parking.
      410 Oak St, Valdosta, GA 31601
      View Details
    • Contact for pricing
      1,608 SF

      Downtown Valdosta Storefront Opportunity

      Versatile 1,608 SF space ideal for retail or office.
      116 Patterson St, Valdosta, GA 31601
      View Details
    • Contact for pricing
      1,440 SF

      Functional Office-Warehouse Space Available

      Office and warehouse space for lease near I-75.
      359-A Enterprise Dr, Valdosta, GA 31601
      View Details
    • Contact for pricing
      49,800 SF

      Valdosta Warehouse: 50,000 SF

      Large warehouse, ideal for distribution.
      1617 James P Rodgers Dr, Valdosta, GA 31601
      View Details
    • $5,500 /Mo
      5,392 SF

      Restaurant Space Near I-75

      Former restaurant space with high traffic and ample parking.
      1830 Hill Ave, Valdosta, GA 31601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1620 Lankford Dr
    Valdosta, GA 31601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.