3971 Inner Perimeter Valdosta, GA 31605
Other
MLS #: 146713
Courtesy Of FIRST COMMERCIAL REAL ESTATE
Property InformationDescription
Rare offering: 100% leased, 4000-sf, 3-unit strip commercial income property, affordable price point. Unit A/B, 2000 sf, leased $1995/mo.; Unit C, 1000 sf, leased $1000/mo.; Unit D, 1000 sf, leased $1000/mo. Zoned C-H. Inside city, water & sewer at site. Strategic location on Inner Perimeter, a busy, popular 4-lane divided major corridor. 15,000 vehicles per day traffic count and growing as City continues its water & sewer installation nearby. Lots of new growth in this area including new U-Haul Moving & Storage Center coming soon. $3995/mo rent = $47,940/yr gross, less 25% OpEx = $36,000/yr NOI $495,000 list price = 7.3% cap rate at list price.
Features
- Age: 11-20 Years Old
- Legal Description: DB 3979-75
- MLSID: 146713
MAP & DIRECTIONS
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