Flex Building with Warehouse
For Sale
$415,000
1913 Baytree Place, Valdosta, GA 31601
Commercial Sale, Valdosta, GA
Property Size2,800 SF
Lot Size0.24 Acres
Price / SF$148.21
Days on Market377
Property Features for 1913 Baytree Place
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-C
Subdivision
4-S Baytree Rd to W Oak St to S Hill Ave (CtyLmts)
Standard status
Active
APN
0082D 228
Size
2,800 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 9 CEDAR VILLAGE
Tax Annual Amount
2838
Legal Description
LOT 9 CEDAR VILLAGE
Listing Agency:
THE HERNDON COMPANY
(229) 244-1992
Listed By:
Jon Bollinger · License #330895
(229) 269-3687
Added: Sep 2, 2025
Changed: Aug 19
Last Checked: Sep 13 at 11:06PM
MLS# 146084
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 flex property includes 2,800 square feet arranged across office, specialty, and warehouse components. The heated and cooled portion measures approximately 1,800 square feet and includes a reception area, counter space, two larger rooms, a breakroom, and two adaptable flex rooms. A soundproof kennel room, grooming area, and small fenced yard remain in place from its prior pet-grooming use.
The 1,000-square-foot warehouse area has a separate entrance, two 12-foot roll-up doors, two private offices, and a restroom. Positioned just off Baytree Road in Valdosta, the property has visibility from the main corridor and carries C-C zoning. The combination of finished work areas, specialty improvements, and warehouse access provides a flexible commercial layout.
The 1,000-square-foot warehouse area has a separate entrance, two 12-foot roll-up doors, two private offices, and a restroom. Positioned just off Baytree Road in Valdosta, the property has visibility from the main corridor and carries C-C zoning. The combination of finished work areas, specialty improvements, and warehouse access provides a flexible commercial layout.
Key Highlights
- 2,800‑square‑foot flex property with office, specialty, and warehouse areas
- Approximately 1,800 square feet of heated and cooled space
- 1,000‑square‑foot warehouse with separate entry and two private offices
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,622
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$432,440
$432.4K
Cap Rate 7%
$308,886
$308.9K
Cap Rate 9%
$240,244
$240.2K
Market Conditions
NOI Build-Up for 2,800 SF
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.
Gross rent
$37.0K $13.20/SF
− Vacancy
−$8.1K −$2.90/SF
EGI
$28.8K $10.30/SF
− OpEx
−$7.2K −$2.57/SF
NOI
$21.6K $7.72/SF
Area
Lowndes County, GA
Vacancy
22.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$432,440
Cap Rate 7%
$308,886
Cap Rate 9%
$240,244
Alternative Uses
Best Use
Office B
$308.9K
$270.3K – $360.4K
NOI $21,622 @ 7.0% cap · market cap 5.21%
Second Best
Warehouse
$235.8K
$206.3K – $275.1K
NOI $16,503 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$425.1K
$372.0K – $495.9K
NOI $29,756 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
778
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Firehouse Subs Baytree — 1525 Baytree Rd Ste B, Valdosta, GA 31602
Frequently Asked Questions
What type of property is this?
Flex space - C-C-zoned property combines heated and cooled offices with dedicated warehouse space.
Where is this flex space located?
The property is located at 1913 Baytree Place Valdosta, GA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 2,800‑square‑foot flex property with office, specialty, and warehouse areas; Approximately 1,800 square feet of heated and cooled space; 1,000‑square‑foot warehouse with separate entry and two private offices
