Flex Building With Fenced
For Sale
$385,000
1004 Williams Street, Valdosta, GA 31601
Commercial Sale, Valdosta, GA
Property Size4,800 SF
Lot Size0.40 Acres
Price / SF$80.21
Days on Market820
Property Features for 1004 Williams Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-H
Subdivision
Williams Street
Standard status
Active
APN
0118A 297 & 301
Size
4,800 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
in listing office
Tax Annual Amount
3686
Legal Description
in listing office
Listing Agency:
COLDWELL BANKER PREMIER REAL E
(229) 244-3535
Listed By:
John Courson · License #342868
(229) 251-4632
Added: Jul 18, 2024
Changed: Sep 3
Last Checked: Oct 15 at 6:06AM
MLS# 142093
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 4,800-square-foot flex building is configured as two separately addressed spaces. The 2,000-square-foot 1004 Williams Street suite includes updated professional office, showroom, shop, and yard functions, along with three offices, a conference room, conditioned indoor storage, designer finishes, and a private bathroom in the executive office. The 2,800-square-foot 1006 Williams Street suite has an open showroom and printing area, four offices, three bathrooms, and rear break, storage, and conference rooms. One space is occupied by a print shop, while the other is used by a local contractor and homebuilder.
The solid brick property is located just north of downtown Valdosta, one block off N Ashley Street / US HWY 41. Glass storefronts face the street, with street parking along the front and a paved, gated, fenced rear yard. The property is zoned C-H and sits on 0.4 acres.
The solid brick property is located just north of downtown Valdosta, one block off N Ashley Street / US HWY 41. Glass storefronts face the street, with street parking along the front and a paved, gated, fenced rear yard. The property is zoned C-H and sits on 0.4 acres.
Key Highlights
- 4,800‑square‑foot flex building with two separately addressed spaces
- 2,000‑square‑foot office, showroom, shop, and yard suite at 1004 Williams Street
- 2,800‑square‑foot suite with showroom, printing area, 4 offices, and 3 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,693
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,860
$513.9K
Cap Rate 7%
$367,043
$367.0K
Cap Rate 9%
$285,478
$285.5K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$43.2K $9.00/SF
− Vacancy
−$3.7K −$0.77/SF
EGI
$39.5K $8.24/SF
− OpEx
−$13.8K −$2.88/SF
NOI
$25.7K $5.35/SF
Area
Lowndes County, GA
Vacancy
8.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,860
Cap Rate 7%
$367,043
Cap Rate 9%
$285,478
Alternative Uses
Best Use
Retail
$541.3K
$473.6K – $631.5K
NOI $37,891 @ 7.0% cap · market cap 9.84%
Second Best
Office B
$529.5K
$463.3K – $617.8K
NOI $37,066 @ 7.0% cap · market cap 9.63%
Theoretical Best
Office A
$728.7K
$637.6K – $850.2K
NOI $51,011 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
Under-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
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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?
Flex space - Two separately addressed spaces combine professional offices, showroom areas, workshop functions, and secure outdoor storage.
Where is this flex space located?
The property is located at 1004 Williams Street Valdosta, GA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 4,800‑square‑foot flex building with two separately addressed spaces; 2,000‑square‑foot office, showroom, shop, and yard suite at 1004 Williams Street; 2,800‑square‑foot suite with showroom, printing area, 4 offices, and 3 bathrooms
