Brick Office Building with Storage
For Sale
$525,000
1321 W Hill Ave, Valdosta, GA 31601
Commercial Sale, Valdosta, GA
Property Size2,324 SF
Lot Size0.91 Acres
Price / SF$225.90
Days on Market99
Property Features for 1321 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-111
Size
2,324 SF
Lot size
0.91 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
DB 6023-13
Tax Annual Amount
3172
Legal Description
DB 6023-13
Amenities
conference room
Building Details
Year built
1995
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 2:06AM
MLS# 154229
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.
Built in 1995, this 2324-square-foot brick office building has been renovated and upgraded in recent years. The interior provides a flexible arrangement of offices, work rooms, restrooms, storage areas, and a conference room. The property also includes a 0.91-acre fenced rear lot with a storage yard and four shop buildings totaling 3440 square feet.
Access and frontage extend along W Hill Ave, also identified as US Hwy 84, with additional access from W Savannah Ave. The site is zoned C-H and is positioned along a corridor reporting 21,500 vehicles per day. Its combination of office space, accessory shop buildings, and secured outdoor storage supports a range of commercial operations requiring both administrative and work areas.
Access and frontage extend along W Hill Ave, also identified as US Hwy 84, with additional access from W Savannah Ave. The site is zoned C-H and is positioned along a corridor reporting 21,500 vehicles per day. Its combination of office space, accessory shop buildings, and secured outdoor storage supports a range of commercial operations requiring both administrative and work areas.
Key Highlights
- 2324 SF brick office building built in 1995
- Renovated and upgraded in recent years
- Flexible layout with offices, work rooms, restrooms, storage, and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,946
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,920
$358.9K
Cap Rate 7%
$256,371
$256.4K
Cap Rate 9%
$199,400
$199.4K
Market Conditions
NOI Build-Up for 2,324 SF
Gross rent
$30.7K $13.20/SF
− Vacancy
−$6.7K −$2.90/SF
EGI
$23.9K $10.30/SF
− OpEx
−$6.0K −$2.57/SF
NOI
$17.9K $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%
$358,920
Cap Rate 7%
$256,371
Cap Rate 9%
$199,400
Alternative Uses
Best Use
Office B
$256.4K
$224.3K – $299.1K
NOI $17,946 @ 7.0% cap · market cap 3.42%
Second Best
Warehouse
$195.7K
$171.2K – $228.3K
NOI $13,698 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$352.8K
$308.7K – $411.6K
NOI $24,698 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
21,500 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Renovated brick office property with flexible rooms, conference space, and a fenced storage yard.
Where is this office building located?
The property is located at 1321 W Hill Ave Valdosta, GA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2324 SF brick office building built in 1995; Renovated and upgraded in recent years; Flexible layout with offices, work rooms, restrooms, storage, and conference room
