Flex Space with Climate-Controlled
For Sale
$774,900
352 Enterprise Dr, Valdosta, GA 31601
Commercial Sale, Valdosta, GA
Property Size3,500 SF
Lot Size0.68 Acres
Price / SF$221.40
Days on Market554
Property Features for 352 Enterprise Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Subdivision
4-S Baytree Rd to W Oak St to S Hill Ave (CtyLmts)
Standard status
Active
APN
0086B 003A
Size
3,500 SF
Lot size
0.68 Acres
Additional Details
Property Use
Office & Warehouse
Condition
Move-in Ready
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 3 BLK A VAL CNTR DEV P-1 R9 PCA
Tax Annual Amount
8596
Legal Description
LOT 3 BLK A VAL CNTR DEV P-1 R9 PCA
Amenities
lobby
private offices
kitchen
restrooms
private studio
air-conditioned warehouse
roll-up doors
Building Details
Year built
1997
Buildings
1
Listing Agency:
Dove Realty, Inc.
(229) 740-6474
Listed By:
Evan Roark
(229) 834-6418
Added: Apr 24, 2025
Changed: Oct 23
Last Checked: Oct 29 at 6:06AM
MLS# 144669
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.
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Investment Insights
Based on property information with market context.
This 3,500-square-foot flex property combines office accommodations with a climate-controlled warehouse component. The office area includes a 18x20 ft lobby, five private offices, a studio room, kitchen, and three restrooms. The warehouse measures 2,900 square feet and spans 49x65 ft, providing space for storage, light manufacturing, or creative work. Two 10x12 ft roll-up doors support material movement and day-to-day logistics.
Positioned at 352 Enterprise Dr in Valdosta, the property occupies 0.68 acres and carries C-3 commercial zoning. Its configuration is suited to professional services, contractors, small businesses, and light industrial operations. Built in 1997, the building offers a defined mix of administrative, client-facing, and functional work areas within one commercial facility.
Positioned at 352 Enterprise Dr in Valdosta, the property occupies 0.68 acres and carries C-3 commercial zoning. Its configuration is suited to professional services, contractors, small businesses, and light industrial operations. Built in 1997, the building offers a defined mix of administrative, client-facing, and functional work areas within one commercial facility.
Key Highlights
- 3,500‑square‑foot building on 0.68 acres
- 2,900‑square‑foot air‑conditioned warehouse measuring 49x65 ft
- Five private offices plus a private studio room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,027
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,540
$540.5K
Cap Rate 7%
$386,100
$386.1K
Cap Rate 9%
$300,300
$300.3K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$46.2K $13.20/SF
− Vacancy
−$10.2K −$2.90/SF
EGI
$36.0K $10.30/SF
− OpEx
−$9.0K −$2.57/SF
NOI
$27.0K $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 Rate 5%
$540,540
Cap Rate 7%
$386,100
Cap Rate 9%
$300,300
Alternative Uses
Best Use
Office B
$386.1K
$337.8K – $450.5K
NOI $27,027 @ 7.0% cap · market cap 3.49%
Second Best
Warehouse
$294.7K
$257.9K – $343.8K
NOI $20,629 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$531.4K
$464.9K – $619.9K
NOI $37,195 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- I J Compoany — 107 Avenue B, Valdosta, GA 31601
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial layout combines private offices, support areas, and conditioned warehouse space for business operations.
Where is this flex space located?
The property is located at 352 Enterprise Dr Valdosta, GA.
What is the asking price?
The asking price for this property is $774,900.
What are key features of this property?
This property features: 3,500‑square‑foot building on 0.68 acres; 2,900‑square‑foot air‑conditioned warehouse measuring 49x65 ft; Five private offices plus a private studio room
