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1.63 acres in Lowndes County, Georgia

2003-35 Ashley St, Valdosta, Georgia 31602 - Lowndes County
$1,222,500 1.63 Acres
Bedroom Bathrooms 24529 Sq.Ft.
Property ID 2062840


Castle Park South at NE corner Ashley, Park & Marion. Great steady income: 2015 gross $127,860; 2015 net $103,627; 2016 pro-forma gross $146,700. Or redevelop this trophy corner site for new retail. Signaled hard-corner, maximum visibility, busiest corner in town with 33,000/day traffic. 1.63 acres, three rented buildings, 14 spaces. Consistent 90% occupancy over many years. Adjacent strip property to north (1.778 acres) also for sale - combine for full city block with 3.41 acres. Plat in Documents (Tracts 1 & 4). Owner will consider financing at negotiated terms. All leases short-term. Rent roll (April '16) & 2015 I&E attached.

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Scott Alderman


P.O. Box 1361

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