1115 Slater Street Valdosta, GA 31601
COMMERCIAL - Valdosta, GA
Property Features for 1115 Slater Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 6
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 0116C 019
- Size
- 1,976 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2341
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Building materials
- Wood Siding
Listing agent Samuel Straka License #406171 (229) 561-9938
Listing office Southern Classic Realtors Po Box 6565, Monroe, GA (678) 635-8877
Listing date Apr 27, 2026
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Great location within walking distance of VSU and amenities.
- Versatile R‑P zoning allows for a variety of uses.
- Four separate entrances enable easy subdivision into multiple layouts.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.1k | $13.20 |
| − Vacancy | −$5.7k | −$2.90 |
| EGI | $20.3k | $10.30 |
| − OpEx | −$5.1k | −$2.57 |
| NOI | $15.3k | $7.72 |
