19300 Valdosta Hwy Valdosta, GA 31602
- Commercial real estate
Current Use by Public Records
- Miles Heating and Air Conditioning / HVAC Service / General Contractor
- MDM Construction, LLC / Construction Company
- Quality Outdoors LLC / Landscaping / General Contractor
Property Details for 19300 Valdosta Hwy
- Property type
- Commercial real estate
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Valdosta
- County
- Brooks
- State
- Georgia
- Longitude
- -83.360168908227
- Latitude
- 30.856529877853