Valdosta Commercial Office
706 N PATTERSON ST Valdosta, GA 31601
COMMERCIAL - Valdosta, GA
Property size:
3,183 SFLot size:
0.41 AcresPrice / SF:
$113/SF- Added:
- Nov 26, 2025
- Days on Market:
- 226
- Last Refresh:
- Jul 10 at 5:06 pm
Property Features for 706 N PATTERSON ST
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-C
- Standard status
- Active
- APN
- 0118A-101
- Size
- 3,183 SF
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LT 4 BLK 215
- Tax Annual Amount
- 4032
Building Details
- Year built
- 1968
Listing agent Beth Haun License #3462350 (229) 560-4402
Listing office eXp Realty, LLC 1230 Peachtree St NE Promenade II, GA (888) 959-9461
Listing date Nov 26, 2025
MLS# 146924
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 commercial property is located in a high-traffic, historic office district on a high-visibility corridor in the heart of Valdosta. The property has prime frontage and exceptional visibility. It is positioned in Valdosta's professional office corridor, known locally as "Attorney Row". The location is approximately 3 minutes to Lowndes County Courthouse, 2 minutes to Valdosta State University, and 5 minutes to South Georgia Medical Center. The property benefits from a thriving historic neighborhood feel with strong expectations for curb appeal. The traffic count is approximately 8,000-12,000 vehicles per day, which is ideal for professional services, client-focused businesses, and standout signage visibility. The lot size is 0.41 acres and the property size is 3,183 square feet. The zoning is C-C.
Key Highlights
- High‑visibility location in a high‑traffic commercial historic office district.
- Prime frontage ideal for signage and client‑focused businesses.
- Positioned in Valdosta's professional office corridor, "Attorney Row".
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 | $42.0k | $13.20 |
| − Vacancy | −$9.2k | −$2.90 |
| EGI | $32.8k | $10.30 |
| − OpEx | −$8.2k | −$2.57 |
| NOI | $24.6k | $7.72 |
3,183 SF · lease $13.20/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$351.1K
$307.2K – $409.7K
NOI $24,579 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.2K
$422.8K – $563.8K
NOI $33,826 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
laura anderson wood
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - High-visibility commercial property in Valdosta's historic office district.
Where is this office building located?
The property is located at 706 N PATTERSON ST Valdosta, GA.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: High‑visibility location in a high‑traffic commercial historic office district.; Prime frontage ideal for **signage and client‑focused businesses.**; Positioned in Valdosta's professional office corridor, "Attorney Row".
