208 N Patterson, Valdosta, GA 31601
COMMERCIAL - Valdosta, GA
- Added:
- Feb 26, 2026
- Days on Market:
- 130
- Last Refresh:
- Jul 6 at 5:06 am
Property Features for 208 N Patterson
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CD
- Standard status
- Active
- APN
- 0118C 129
- Size
- 7,560 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9424
Listing agent Jordan Ganas License #411730 (229) 269-1380
Listing office Southern Classic Realtors P.O. Box 6565, Athens, GA (678) 635-8877
Listing date Feb 26, 2026
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.
HighLights
- Prime downtown location directly across from the Lowndes County Courthouse.
- Fully renovated 7,560 sq ft historic building with modern upgrades.
- Approved for 300 occupancy, ideal for restaurant, entertainment, or large events.
- Complete restaurant kitchen setup ready for operation.
- Security and camera system, and full sprinkler system in place.
- Two floors with front and rear staircases, plus basement storage.
Overview
Local Financial Insights For Specialty Retail
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 | $99.8k | $13.20 |
| − Vacancy | −$6.8k | −$0.90 |
| EGI | $93.0k | $12.30 |
| − OpEx | −$23.3k | −$3.08 |
| NOI | $69.8k | $9.23 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Lavern's Catering & Creative Designz — 929 Bunche Dr, Valdosta, GA 31601
- NickAMillion — 100 N Patterson St, Valdosta, GA 31601
- Birdies Events & Catering — 206 n patterson st, valdosta, ga 31601
Location Insight
- Map
- Local Demand
- City
- Valdosta
- County
- Lowndes
- State
- Georgia
- Longitude
- -83.2798914
- Latitude
- 30.8322978