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Property profile & analytics

1500 Commerce Dr Valdosta, GA 31601-1206

  • Warehouses
  • 108,800 SF
  • 15.00 lot acres
OFF-MARKET
Last Sale
May 24, 2023
$6,100,000
Value Estimations
$9,445,000
Show details
Cap Rate Potential
7.6%
Warehouses
Location Intelligence
Property ID
US22-2037912
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Smith Drugs / Pharmacy
  • Smith Pharmacy DC. / Pharmacy / Corporate Office
  • ABC Supply Co. Inc. / Roofing Supply Store

Property Details for 1500 Commerce Dr

Year built
2009
Construction
CONCRETE
Lot size
15.00 lot acres
Property size
108,800 SF
Zone code
M-2
Property type
Warehouses
APN
0123A-032
APU
0123A032

Description

This exceptional industrial property in Valdosta, Georgia, offers a prime opportunity for businesses seeking flexible distribution space. Located at 1500 Commerce Dr, 31601, this single-tenant facility boasts a total of 54,560 square feet, with options available ranging from 19,040 square feet. Built in 2009, the property sits on 15 acres of land and is conveniently situated near I-75, providing excellent access to major transportation routes. The building features four loading docks and one drive-in door, ensuring efficient loading and unloading operations. The property is classified as Class A and is offered at a modified gross rate of $5.50 per square foot. Tenants are responsible for interior maintenance and utilities, with payment options including direct billing or reimbursement to the landlord based on a percentage of building usage. This presents a unique opportunity to secure a high-quality, strategically located distribution center in a thriving market. The flexible space options cater to a variety of business needs, making this property an ideal choice for companies seeking to establish or expand their operations in the Valdosta area. The property's size, location, and amenities combine to create a compelling investment opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $8,470,000
    ML approach
    $7,675,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $10,690,000
    6.5%
    $9,865,000
    7%
    $9,160,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $11,543,000
    Market price range: $3.98M - $15.4M
    AI Estimate
    $9,763,000
    Market price range: $3.59M - $11.0M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $8,120,000
    Current use
    AUTO REPAIR, GARAGE
    $12,480,000
    Change: +54% Conversion: Easy
    COMMERCIAL (GENERAL)
    $11,500,000
    Change: +42% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Valdosta
County
Lowndes
State
Georgia
Longitude
-83.2965
Latitude
30.8062
CBSA code
46660
CBSA name
VALDOSTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$64,879
$129,000
$1,790,824
$1,919,824
-
$322,500
$4,477,059
$4,799,559
More about this property
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