Renovated Flex
For Sale
$450,000
1319 W Hill Ave, Valdosta, GA 31601
Commercial Sale, Valdosta, GA
Property Size4,300 SF
Lot Size0.85 Acres
Price / SF$104.65
Days on Market99
Property Features for 1319 W Hill Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-H
Subdivision
4-S Baytree Rd to W Oak St to S Hill Ave (CtyLmts)
Standard status
Active
APN
0119C-112
Size
4,300 SF
Lot size
0.85 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
DB 7116-725
Tax Annual Amount
2190
Legal Description
DB 7116-725
Building Details
Year built
1988
Listing Agency:
FIRST COMMERCIAL REAL ESTATE
Listed By:
Scott Alderman · License #109748
(229) 561-1939
Added: Jun 30
Changed: Aug 20
Last Checked: Oct 6 at 3:06AM
MLS# 154225
Copyright © 2026 South Georgia MLS (Valdosta). 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.
This 4,300-square-foot flex property includes a 1,300-square-foot front office area and a 3,000-square-foot rear warehouse. The building has been renovated and upgraded in recent years and includes mezzanine storage, four overhead doors, and a large fenced storage yard. The front office is currently configured for an interior design shop, while the rear portion provides dedicated warehouse capacity.
The 0.85-acre site is located at 1319 W Hill Ave in Valdosta, with frontage and access along W Hill Ave, also identified as US Hwy 84, and additional access from W Savannah Ave. Reported traffic volume on US Hwy 84 is 21,500 vehicles per day. The property is zoned C-H and was built in 1988.
The 0.85-acre site is located at 1319 W Hill Ave in Valdosta, with frontage and access along W Hill Ave, also identified as US Hwy 84, and additional access from W Savannah Ave. Reported traffic volume on US Hwy 84 is 21,500 vehicles per day. The property is zoned C-H and was built in 1988.
Key Highlights
- 4,300 SF flex building with 1,300 SF front office and 3,000 SF rear warehouse
- Renovated and upgraded in recent years
- Four OH doors serving the rear warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,205
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,100
$664.1K
Cap Rate 7%
$474,357
$474.4K
Cap Rate 9%
$368,944
$368.9K
Market Conditions
NOI Build-Up for 4,300 SF
Gross rent
$56.8K $13.20/SF
− Vacancy
−$12.5K −$2.90/SF
EGI
$44.3K $10.30/SF
− OpEx
−$11.1K −$2.57/SF
NOI
$33.2K $7.72/SF
Area
Lowndes County, GA
Vacancy
22.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$664,100
Cap Rate 7%
$474,357
Cap Rate 9%
$368,944
Alternative Uses
Best Use
Office B
$474.4K
$415.1K – $553.4K
NOI $33,205 @ 7.0% cap · market cap 7.38%
Second Best
Warehouse
$362.1K
$316.8K – $422.4K
NOI $25,344 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$652.8K
$571.2K – $761.6K
NOI $45,697 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
21,500 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 31601, GA
32,331
Population
14,345
Households
2.3
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
159.0 sq mi
ZIP Area
203
Density / Sq Mi
$34,846
Median Household Income
$28,878
Median Earnings
$872
Median Rent
$112,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- I J Compoany — 107 Avenue B, Valdosta, GA 31601
Frequently Asked Questions
What type of property is this?
Flex space - Updated commercial building combines front office space, rear warehouse capacity, mezzanine storage, and a fenced outdoor storage area.
Where is this flex space located?
The property is located at 1319 W Hill Ave Valdosta, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4,300 SF flex building with 1,300 SF front office and 3,000 SF rear warehouse; Renovated and upgraded in recent years; Four OH doors serving the rear warehouse
