Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1500 Commerce Dr Valdosta, GA 31601-1206
    Back to Search
    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
    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.

    Value Estimations
    $7,995,000
    Show details
    Cap Rate Potential
    7.6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Smith Drugs / Pharmacy
    • Smith Pharmacy DC. / Corporate Office
    • ABC Supply Co. Inc. / Big Box & Wholesale Store / Building Supply

    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
      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 estimation — 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
    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