Office Suite with 10
308 E Ann Street Valdosta, GA 31601
For Sale
Contact for pricing
R-P zoned suite with 10 rooms, fenced rear area, and a separate storage building near major healthcare and education centers.
Property Size1,893 SF
Price / SF$147.86
Days on Market88
Property Features for 308 E Ann Street
General Information
Standard status
Active
Size
1,893 SF
Property subtype
Office
Building Details
Year Built
1981
Listing Agency:
The Herndon Company
Listed By:
Jake Howel · License #GA401167
Source:
Crexi
Added: May 1
Changed: Jul 22
Last Checked: Jul 26 at 11:10AM
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 The Herndon Company
Investment Insights
Based on property information with market context.
This R-P zoned commercial office suite offers a flexible interior layout with 10 well-appointed rooms. The space is suited to a range of professional and service-oriented operations that require multiple rooms for offices, consultations, or specialized work.
Positioned just off Ashley Street, the property benefits from high visibility to traffic flowing along one of Valdosta’s busiest corridors, with a stated daily traffic count of 19,700. It is also presented as being near South Georgia Medical Center, Valdosta State University, and other established businesses.
The property includes a fenced-in rear area for added privacy and secure outdoor use, along with a separate storage building for additional on-site storage. This combination supports day-to-day operational needs for tenants seeking a room-based office configuration and practical exterior space.
Positioned just off Ashley Street, the property benefits from high visibility to traffic flowing along one of Valdosta’s busiest corridors, with a stated daily traffic count of 19,700. It is also presented as being near South Georgia Medical Center, Valdosta State University, and other established businesses.
The property includes a fenced-in rear area for added privacy and secure outdoor use, along with a separate storage building for additional on-site storage. This combination supports day-to-day operational needs for tenants seeking a room-based office configuration and practical exterior space.
Key Highlights
- 1981‑built R‑P zoned commercial suite for lease near Ashley Street
- High visibility from Ashley Street with 19,700 daily traffic count
- 10 well‑appointed rooms suitable for office, consultation, or specialized workspace use
Financial Insights For Healthcare Medical
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 | $16.20 |
| − Vacancy | −$3.1k | −$1.65 |
| EGI | $27.5k | $14.55 |
| − OpEx | −$11.0k | −$5.82 |
| NOI | $16.5k | $8.73 |
1,893 SF · lease $16.20/SF/yr · vacancy 10.20% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$236.0K
$206.5K – $275.4K
NOI $16,523 @ 7.0% cap · market cap 5.90%
Second Best
Office B
$208.8K
$182.7K – $243.6K
NOI $14,618 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$287.4K
$251.5K – $335.3K
NOI $20,117 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - R-P zoned suite with 10 rooms, fenced rear area, and a separate storage building near major healthcare and education centers.
Where is this office units located?
The property is located at 308 E Ann Street Valdosta, GA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 1981‑built R‑P zoned commercial suite for lease near Ashley Street; High visibility from Ashley Street with 19,700 daily traffic count; 10 well‑appointed rooms suitable for office, consultation, or specialized workspace use
