Two-Story Corporate Office
New
For Sale
$899,000
3185 Madison Hwy, Valdosta, GA 31601
Two-story main office includes multiple work areas, conference space, and executive offices with a secondary multi-use building.
Property Size7,956 SF
Lot Size1.80 Acres
Price / SF$112
Days on Market5
Property Features for 3185 Madison Hwy
General Information
Standard status
Active
Size
7,956 SF
Lot size
1.80 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
lobby
conference rooms
executive offices
kitchen
pantry
break room
storage
vault
residential suite
walk-in attic storage
Building Details
Building Size
9,258 SF
Year Built
1988
Stories
2
Tenancy
Single
Listing Agency:
FIRST COMMERCIAL REAL ESTATE
(229) 561-1939
Listed By:
Scott Alderman · License #109748
(229) 561-1939
Source:
Homesinvaldosta
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 29 at 1:01PM
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.
The property features a two-story corporate office with a lobby, multiple offices, work areas, conference rooms, executive offices, restrooms, a kitchen, pantry, break room, and storage. The second floor includes additional offices and work areas, restrooms, a vault, and a residential suite with a living room, den, kitchen, and bath, along with multiple walk-in attic storage; the residential suite could be converted to additional work space. A secondary building provides approximately 1,302 square feet for multi-use.
The site is a corner lot with plenty of parking. The seller will re-draw the rear property line just behind the parking canopy to create a 1.8-acre main lot while retaining the rear parcel, and will reserve a 10' easement along the south property line for access to the rear parcel.
The location is between I-75 Exit 11 and Valdosta Regional Airport, with multiple daily jet service to and from Atlanta on Delta connector service.
The site is a corner lot with plenty of parking. The seller will re-draw the rear property line just behind the parking canopy to create a 1.8-acre main lot while retaining the rear parcel, and will reserve a 10' easement along the south property line for access to the rear parcel.
The location is between I-75 Exit 11 and Valdosta Regional Airport, with multiple daily jet service to and from Atlanta on Delta connector service.
Key Highlights
- 1988‑built 2‑story corporate office for Landis International Inc. with 7,956 SF of main office space
- Main office layout includes lobby, multiple offices and work areas, conference rooms, executive offices, restrooms, and kitchen/pantry/break room
- 2nd floor features additional offices and work areas, restrooms, vault, and a residential suite with LR, den, kitchen, and bath
Financial Insights For Mixed Use
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 | $119.3k | $15.00 |
| − Vacancy | −$14.3k | −$1.80 |
| EGI | $105.0k | $13.20 |
| − OpEx | −$39.4k | −$4.95 |
| NOI | $65.6k | $8.25 |
7,956 SF · lease $15.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$937.7K
$820.5K – $1.09M
NOI $65,637 @ 7.0% cap · market cap 7.30%
Second Best
Office B
$877.7K
$768.0K – $1.02M
NOI $61,436 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,550 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-story main office includes multiple work areas, conference space, and executive offices with a secondary multi-use building.
Where is this office building located?
The property is located at 3185 Madison Hwy Valdosta, GA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1988‑built 2‑story corporate office for Landis International Inc. with 7,956 SF of main office space; Main office layout includes lobby, multiple offices and work areas, conference rooms, executive offices, restrooms, and kitchen/pantry/break room; 2nd floor features additional offices and work areas, restrooms, vault, and a residential suite with LR, den, kitchen, and bath
