Promenade Plaza | 1705 Norman Dr
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Promenade Plaza 1705 Norman Dr
59,575 SF 100% Leased Retail Building Valdosta, GA 31601 £4,564,543 (£77/SF) 8.41% Net Initial Yield
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
59,575 SF
Building Class
B
Year Built
1982
Price
£4,564,543
Price Per SF
£77
Net Initial Yield
8.41%
NOI
£384,037
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
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
PROPERTY TAXES
| Parcel Number | 0084A-048 | Improvements Assessment | £623,884 (2023) |
| Land Assessment | £699,710 (2023) | Total Assessment | £1,323,593 (2023) |
PROPERTY TAXES
Parcel Number
0084A-048
Land Assessment
£699,710 (2023)
Improvements Assessment
£623,884 (2023)
Total Assessment
£1,323,593 (2023)
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Promenade Plaza | 1705 Norman Dr
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