2035 Bemiss Rd
Valdosta, GA 31602
Castle Park North · Retail Property For Sale
Property Facts
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Air Conditioning
About 2035 BEMISS RD , VALDOSTA, GA 31602
Superior traffic, visibility, existing income & potential outparcel (see photo) at Castle Park North retail strip at Bemiss Rd & Lakeland Ave. Great income and/or redevelopment site with 3 rented buildings, 1.778 acres & 800' frontage on Bemiss Rd, Lakeland Ave & Marion St. Just north of busiest corner in town at N Ashley St & E Park Ave. ±33,000/day combined traffic. Current gross ±$74,640/yr, NOI ±$56,583, all leases short-term. 9.1% cap at list price, plus more value from potential corner outparcel to sell, ground lease or BTS. Includes Tax Parcels 0114C-203, 203A,164,165. Ice vending machine tenant pays ground rent. Adjacent strip to south sold Dec. 2017. See plat in Documents, Tracts 2&3. All cash - no owner financing. 2018 taxes $13,211.
Property Taxes
| Parcel Number | 0114C-203A | Improvements Assessment | $114,244 |
| Land Assessment | $63,592 | Total Assessment | $177,836 |
Property Taxes
