Versatile Office Property For
1115 Slater, Valdosta, GA 31601
Office property with executive offices, multiple entrances, and R-P zoning.
Type:Office
Property size:
1,976 SFPrice / SF:
$131/SF- Added:
- May 21, 2026
- Days on Market:
- 13
- Last Refresh:
- May 27 at 8:22 am
Property Features for 1115 Slater
General Information
- Standard status
- Active
- Size
- 1,976 SF
- Property subtype
- Office
Building Details
- Year Built
- 1976
Listing agent Samuel Straka License #GA
Listing office Southern Classic Realtors
Listing date May 21, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Southern Classic Realtors
HighLights
- Four separate entrances allow for easy subdividing into multiple layouts.
- Desirable R‑P zoning lends itself to a variety of uses.
- Great location within walking distance of VSU and amenities.
- Eight executive offices, reception area, kitchenette, and 3 bathrooms.
- New commercial HVAC unit.
- Fenced storage area in rear of building.
Overview
This versatile office property features a total of 8 executive offices, a reception area, kitchenette, and 3 bathrooms. The property's R-P zoning lends itself to a variety of uses. Four separate entrances allow for easy subdividing into multiple layouts. It is located within walking distance of amenities and VSU. The property currently functions as a real estate office. Noteworthy features include a new fence, a new commercial HVAC unit, and a fenced storage area in the rear of the building. The property has a size of 1976 square feet.
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 | $26.1k | $13.20 |
| − Vacancy | −$5.7k | −$2.90 |
| EGI | $20.3k | $10.30 |
| − OpEx | −$5.1k | −$2.57 |
| NOI | $15.3k | $7.72 |
1,976 SF · lease $13.20/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$218.0K
$190.7K – $254.3K
NOI $15,259 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$300.0K
$262.5K – $350.0K
NOI $20,999 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
SpiMix Realty
Property Management Company
Chris Tafoya of Southern ...
Real Estate Agency
Mary Straka, Realtor
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Valdosta
- County
- Lowndes
- State
- Georgia
- Longitude
- -83.283357
- Latitude
- 30.8435587
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Office property with executive offices, multiple entrances, and R-P zoning.
Where is this office units located?
The property is located at 1115 Slater Valdosta, GA.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Four separate entrances allow for easy subdividing into multiple layouts.; Desirable R‑P zoning lends itself to a variety of uses.; Great location within walking distance of VSU and amenities.
