Flex Building with Garage
For Sale
$299,900
417 E Hill Ave, Valdosta, GA 31601
COMMERCIAL - Valdosta, GA
Property Size5,750 SF
Lot Size0.61 Acres
Price / SF$52.16
Days on Market48
Property Features for 417 E Hill Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CH
Subdivision
3-S of Park Ave to E Oak St to S Hill Ave
Standard status
Active
APN
0118D 051
Size
5,750 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
See Attached Deed
Tax Annual Amount
2333
Legal Description
See Attached Deed
Building Details
Year built
1984
Listing Agency:
Mercer Hughes Real Estate Group, Inc.
(229) 262-1388
Listed By:
Larry Mercer
(229) 292-6456
Added: Jun 19
Changed: Jul 23
Last Checked: Aug 5 at 2:06PM
MLS# 154104
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 for-sale flex building offers approximately 5,750 square feet on a 0.61-acre lot fronting US Hwy 84. The layout includes a front section measuring 50 by 32, with a large office/reception counter, an additional open area suitable for display or other uses, a public bath and a private bath, an 8 by 12 storage room, and a 12 by 15 break room. The rear section provides 50 by 88 open workspace with ample room to operate, along with a garage door in the rear for service-vehicle entry.
The property is set up for commercial power with three separate breaker boxes, including 220V 3-phase 400 amp power and two additional 220V breaker boxes. Paved parking is provided for 10 vehicles. Present use is an air conditioning and heating service company.
The building’s configuration supports mixed-use operational needs, combining customer-facing office space in the front with a larger, accessible work area in the rear.
The property is set up for commercial power with three separate breaker boxes, including 220V 3-phase 400 amp power and two additional 220V breaker boxes. Paved parking is provided for 10 vehicles. Present use is an air conditioning and heating service company.
The building’s configuration supports mixed-use operational needs, combining customer-facing office space in the front with a larger, accessible work area in the rear.
Key Highlights
- 5,750 SF building built in 1984 on a 0.61‑acre lot fronting US Hwy 84 (Hill Ave)
- Front layout includes large office/reception counter, public bath, private bath, 8x12 storage, and 12x15 break room
- Rear features 50x88 open work space plus a rear garage door for service vehicle entry
Financial Insights For Industrial
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 | $40.0k | $6.96 |
| − Vacancy | −$3.0k | −$0.52 |
| EGI | $37.0k | $6.44 |
| − OpEx | −$11.1k | −$1.93 |
| NOI | $25.9k | $4.51 |
5,750 SF · lease $6.96/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$634.3K
$555.0K – $740.0K
NOI $44,402 @ 7.0% cap · market cap 14.81%
Second Best
Flex RnD
$439.7K
$384.7K – $513.0K
NOI $30,778 @ 7.0% cap · market cap 10.26%
Theoretical Best
Office A
$872.9K
$763.8K – $1.02M
NOI $61,106 @ 7.0% cap · market cap 20.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
11,000 VPD
Traffic count
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Well-served
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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- I J Compoany — 107 Avenue B, Valdosta, GA 31601
Frequently Asked Questions
What type of property is this?
Flex space - Flex building with front office/reception and rear open work area plus rear garage door and paved parking for 10.
Where is this flex space located?
The property is located at 417 E Hill Ave Valdosta, GA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 5,750 SF building built in 1984 on a 0.61‑acre lot fronting US Hwy 84 (Hill Ave); Front layout includes large office/reception counter, public bath, private bath, 8x12 storage, and 12x15 break room; Rear features 50x88 open work space plus a rear garage door for service vehicle entry
