Brick Office Building with Storage
1321 W Hill Ave Valdosta, GA 31601
1321 W Hill Ave, Valdosta, GA, 31601
$525,000
For Sale
$525,000
Well-kept, renovated brick office building with multiple offices and a rear fenced storage yard with shop buildings.
Property Size2,324 SF
Lot Size0.91 Acres
Price / SF$225.90
Days on Market18
Property Features for 1321 W Hill Ave
General Information
- Standard status
- Active
- Size
- 2,324 SF
- Lot size
- 0.91 Acres
Listing Agency
FIRST COMMERCIAL REAL ESTATE
(229) 561-1939
Listed by
Scott Alderman · License #109748
(229) 561-1939
Source
Exprealty
Added: Jun 30 Checked: Jul 17 at 2:58 am
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 FIRST COMMERCIAL REAL ESTATE
Investment Insights
Based on property information with market context.
This renovated brick office building offers a functional, flexible layout with a variety of offices, work rooms, restrooms, storage areas, and a conference room. The property includes a large rear fenced lot and storage yard, plus four shop buildings totaling 3,440 sf for additional on-site storage.
The building has frontage on W Hill Ave (also known as US Hwy 84), with reported traffic of 21,500 vehicles per day, as well as access from W Savannah Ave at the rear.
The property is currently tied to headquarters office and warehouse operations for Cauthan Construction, which is expected to relocate to a new expanded facility with completion anticipated in 1Q-2027. An adjacent 4,300-sf office-warehouse building and lot at 1319 W Hill Ave are also listed for sale under a separate listing.
The building has frontage on W Hill Ave (also known as US Hwy 84), with reported traffic of 21,500 vehicles per day, as well as access from W Savannah Ave at the rear.
The property is currently tied to headquarters office and warehouse operations for Cauthan Construction, which is expected to relocate to a new expanded facility with completion anticipated in 1Q-2027. An adjacent 4,300-sf office-warehouse building and lot at 1319 W Hill Ave are also listed for sale under a separate listing.
Key Highlights
- Well‑kept 2,324 SF brick office building at 1321 W Hill Ave, renovated/upgraded in recent years
- Functional, flexible floor plan with multiple offices/work rooms, restrooms, storage, and a first‑class conference room
- 0.91‑acre rear fenced lot plus storage yard
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 | $30.7k | $13.20 |
| − Vacancy | −$6.7k | −$2.90 |
| EGI | $23.9k | $10.30 |
| − OpEx | −$6.0k | −$2.57 |
| NOI | $17.9k | $7.72 |
2,324 SF · lease $13.20/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$256.4K
$224.3K – $299.1K
NOI $17,946 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.8K
$308.7K – $411.6K
NOI $24,698 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cauthan Construction Co
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Well-kept, renovated brick office building with multiple offices and a rear fenced storage yard with shop buildings.
Where is this office building located?
The property is located at 1321 W Hill Ave Valdosta, GA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Well‑kept 2,324 SF brick office building at 1321 W Hill Ave, renovated/upgraded in recent years; Functional, flexible floor plan with multiple offices/work rooms, restrooms, storage, and a first‑class conference room; 0.91‑acre rear fenced lot plus storage yard
