607 Baytree Rd Ste A Valdosta, GA 31602-3899
- Strip malls
- 13,200 SF
- 1.50 lot acres
Dec 06, 2021
Current Use by Public Records
- Blazers Wings and Things / Chicken Wings Restaurant / Dessert Shop
- Paradise / Tobacco Shop
- El Sazon Mexicano / Mexican Restaurant
- U-Haul Neighborhood Dealer / Van Rental Agency / Trailer Rental Service
Property Details for 607 Baytree Rd Ste A
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 1.50 lot acres
- Property size
- 13,200 SF
- Zone code
- C-C
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 0115C-189
- APU
- 0115C189
Description
This exceptional 13,200 square foot single-tenant property, situated on 1.5 acres, presents a unique opportunity for businesses seeking a prominent location in Valdosta, Georgia. Built in 2007, this Class B building boasts a convenient one-story design, ideal for easy accessibility and efficient operations. The property is zoned C-C, allowing for a variety of uses, including retail, restaurant, and traditional or medical office spaces. Located on Baytree Road, it enjoys high visibility and proximity to Valdosta State University (within 800 feet) and Interstate 75 Exit 18, ensuring excellent access for both employees and customers. The property is part of a six-unit retail strip center, surrounded by student housing and other retail establishments, creating a vibrant and thriving commercial environment. Two individual suites (A & B) are available, each approximately 6600 square feet, offering flexibility for businesses of varying sizes. Suite A or B rents for $2,995 per month, while renting both suites totals $5,900 per month, inclusive of all CAM charges. Lease terms require a minimum three-year commitment, with a security deposit equivalent to one month's rent and two months' rent due at signing. A Certificate of Liability Insurance ($2 million/$1 million coverage) is also required. Utilities and all interior maintenance and repairs are the tenant's responsibility. Permitted uses include retail, restaurants, and offices; however, bars, clubs, lounges, pool halls, and smoke shops are prohibited. This property offers a compelling combination of location, size, and flexibility, making it an ideal investment for discerning businesses.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,500,000
- ML approach
- $1,545,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,030,000
- 6.5%
- $1,875,000
- 7%
- $1,740,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,950,000
- RESTAURANT
- $1,750,000
- MEDICAL BUILDING
- $1,400,000
- AUTO REPAIR, GARAGE
- $1,240,000
- WAREHOUSE, STORAGE
- $1,075,000
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Location Insight
- Map
- Local Demand
- City
- Valdosta
- County
- Lowndes
- State
- Georgia
- Longitude
- -83.2988
- Latitude
- 30.8463
- CBSA code
- 46660
- CBSA name
- VALDOSTA, GA METROPOLITAN STATISTICAL AREA