This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Promenade Plaza 1705 Norman Dr

59,575 SF 100% Leased Retail Building Valdosta, GA 31601 $8,196,757 CAD ($138 CAD/SF) 8.41% Cap Rate

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $689,633 $11.58

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $689,633
Annual Per SF $11.58

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
59,575 SF
Building Class
B
Year Built
1982
Price
$8,196,757 CAD
Price Per SF
$138 CAD
Cap Rate
8.41%
NOI
$689,633 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.28
Lot Size
4.85 AC
Opportunity Zone
Yes
Zoning
C4 - Commercial
Parking
252 Spaces (4.23 Spaces per 1,000 SF Leased)
Frontage
176 ft on Norman Dr

AMENITIES

  • Dedicated Turn Lane

NEARBY MAJOR RETAILERS

Longhorn Steakhouse
Five Guys
Sonny"s Real Pit Bar B-Q
Red Lobster
Crunch
Applebee's
Outback Steakhouse
Texas Roadhouse
Cracker Barrel Old Country Store
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0084A-048
Land Assessment
$1,254,021 CAD (2023)
Improvements Assessment
$1,118,126 CAD (2023)
Total Assessment
$2,372,146 CAD (2023)
  • Listing ID: 34414471

  • Date on Market: 2025-01-08

  • Last Updated:

  • Address: 1705 Norman Dr, Valdosta, GA 31601

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}