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Valdosta Office with Multiple Entrances

1115 Slater Valdosta, GA 31601

Claim this Listing
For Sale
$259,900

COMMERCIAL - Valdosta, GA

Property size:
1,976 SF
Lot size:
0.23 Acres
Price / SF:
$131.53/SF
Added:
May 21, 2026
Days on Market:
55
Last Refresh:
Jul 14 at 8:06 am

Property Features for 1115 Slater

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
RP
Standard status
Active
APN
0116C 019
Size
1,976 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Lt 1 Blk C Ashley Terrace
Tax Annual Amount
2341

Building Details

Year built
1976

Listing agent Samuel Straka License #406171

Listing office Southern Classic Realtors P.O. Box 6565, Athens, GA

Listing date May 21, 2026

MLS# 153761

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 versatile office property, situated in a desirable location, features a total of 8 executive offices, a reception area, a kitchenette, and 3 bathrooms. The property's four separate entrances allow for easy subdividing into multiple layouts. The property is zoned R-P, lending itself to a variety of uses. It is located within walking distance of VSU and other amenities. Currently functioning as a real estate office, the property includes a new fence, a new commercial HVAC unit, and a fenced storage area in the rear of the building. The lot size is 0.23 acres and the property size is 1976 square feet.

Key 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.

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 (±1% cap)
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 (±1% cap)
NOI $20,999 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile 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

Suggested Use

Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Acupuncture (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Electrical Service HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Versatile office property with subdividing potential in a great location.
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.
Contact an agent
More about this property
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