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2.13-Ac Corner Redevelopment Site 3480 Bemiss Rd

2,142 SF Retail Building Valdosta, GA 31605 $775,000 ($362/SF)

Investment Highlights

  • 2.13-acre high-profile signaled corner. Great re-development site. High visibility, high traffic. Utilities at or near site.

Executive Summary

2.13-acre high-profile corner re-development lot with 2142-sf vacant block building built ±1976, sold as-is. High-visibility, high-traffic hard corner. 28,400/day traffic on Bemiss, 9,550/day on Oak St. Ext. Bemiss is the main artery/connector between Valdosta and Moody AFB. New rooftops and commercial all around. 400' on Bemiss Rd, 219' on Oak St. Ext. Five curb cuts. Billboard on site. Zoned C-C. Corner lot is 3480 Bemiss Rd, Tax Parcel 0108-106. 2nd lot is 3472 Bemiss Rd, Tax Parcel 0108-105. Both lots must be sold together. No Fuel/C-stores allowed, other use restrictions. Co-listed with Jeff Scheidegger, Cushman & Wakefield.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes $4,640 $2.17
Operating Expenses - -
Total Expenses $4,640 $2.17

Financial Summary (Actual - 2023)

Taxes
Annual $4,640
Annual Per SF $2.17
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $4,640
Annual Per SF $2.17

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,142 SF
Building Class
C
Year Built
1976
Price
$775,000
Price Per SF
$362
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
2.13 AC
Zoning
C-C - Community Commercial
Frontage
400 FT on Bemiss

Amenities

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection

Nearby Major Retailers

Synovus Bank
Publix
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0108-106
  • 0108-105
Land Assessment
$149,100
Improvements Assessment
$30,896
Total Assessment
$179,996
Annual Taxes
$4,640 ($2.17/SF)
Tax Year
2023
  • Listing ID: 25424076

  • Date on Market: 4/7/2022

  • Last Updated:

  • Address: 3480 Bemiss Rd, Valdosta, GA 31605

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