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Property profile & analytics
OFF-MARKET Estimated value $7,995,000
Warehouses

1500 Commerce Dr Valdosta, GA 31601-1206

108,800 SF 15 ac lot Built 2009
Individually Owned 3-yr Hold Free & Clear
Property ID
US22-2037912
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2009
Construction CONCRETE
Total area 108,800 SF
Lot 15 ac (653,400 SF)
Zoning code M-2
APN 0123A-032
UPID US22-2037912
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Smith Drugs Pharmacy
  • Smith Pharmacy DC. Corporate Office
  • ABC Supply Co. Inc. Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.68M
CAP Approach CAP
$9.87M
Comparable Approach Comparable
$9.76M
Blend (final) Blend
$8.00M
Owner & transaction history
American Builders & Contractors Sup · 3 yrs held
American Builders & Contractors Sup
since 2023
Last sale
$6.1M
3 recorded transactions
2023
$6.1M
2023
Price N/A
2019
Price N/A
Zoning & alternative use
M-2 · Valdosta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $12.5M +53.7%
Commercial (general) $11.5M +41.6%
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