Flex Space with Expansion
For Sale
$895,000
3737 Madison Hwy, Valdosta, GA 31601
Office, fabrication, warehouse, and canopy areas provide a varied commercial configuration with additional room for expansion.
Property Size13,725 SF
Lot Size7.62 Acres
Price / SF$65.21
Days on Market18
Property Features for 3737 Madison Hwy
General Information
Standard status
Active
Size
13,725 SF
Lot size
7.62 Acres
Property subtype
Commercial
Zoning
R-A, CH
Warehouse & Industrial
Warehouse Space
5,750 SF
Office Build-Out
3,400 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,278
Building Details
Building Size
13,725 SF
Buildings
5
Stories
1
Listing Agency:
THE HERNDON COMPANY
(229) 269-3687
Listed By:
Jon Bollinger · License #330895
Source:
Cooperrealestate
Added: Aug 13
Changed: Aug 30
Last Checked: Aug 30 at 7:48PM
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 flex-space property combines office, fabrication, warehouse, and covered exterior areas across a 7.62-acre site. The main office building contains 8 offices, a receptionist counter, drafting room, conference rooms, break rooms, and 2 restrooms. Additional improvements include a front warehouse with a 12' roll-up door, a fabrication room with 3 offices and restrooms, and a rear warehouse with shelving, loading access, and canopy space. A block home is also included and may be renovated for office use.
The property is located at 3737 Madison Hwy in Valdosta, approximately 1/2 mile from I-75, with zoning listed as R-A, CH. The rear area includes a 25x44 canopy and an additional 17x44 concrete slab. Existing improvements provide multiple functional areas, while the acreage leaves room for expansion.
The property is located at 3737 Madison Hwy in Valdosta, approximately 1/2 mile from I-75, with zoning listed as R-A, CH. The rear area includes a 25x44 canopy and an additional 17x44 concrete slab. Existing improvements provide multiple functional areas, while the acreage leaves room for expansion.
Key Highlights
- 7.62‑acre flex‑space property at 3737 Madison Hwy, Valdosta, GA 31601
- Approximately 1/2 mile from I‑75
- Main office includes 8 offices, drafting room, conference rooms, break rooms, and 2 restrooms
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
$80,895
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
9.04%
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%
$1,617,900
$1.6M
Cap Rate 7%
$1,155,643
$1.2M
Cap Rate 9%
$898,833
$898.8K
Market Conditions
NOI Build-Up for 13,725 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
$102.1K $7.44/SF
− Vacancy
−$6.9K −$0.51/SF
EGI
$95.2K $6.93/SF
− OpEx
−$14.3K −$1.04/SF
NOI
$80.9K $5.89/SF
Area
Lowndes County, GA
Vacancy
6.80%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
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%
$1,617,900
Cap Rate 7%
$1,155,643
Cap Rate 9%
$898,833
Alternative Uses
Best Use
Office B
$1.51M
$1.32M – $1.77M
NOI $105,984 @ 7.0% cap · market cap 11.84%
Second Best
Warehouse
$1.16M
$1.01M – $1.35M
NOI $80,895 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,858 @ 7.0% cap · market cap 16.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Well-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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office, fabrication, warehouse, and canopy areas provide a varied commercial configuration with additional room for expansion.
Where is this flex space located?
The property is located at 3737 Madison Hwy Valdosta, GA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 7.62‑acre flex‑space property at 3737 Madison Hwy, Valdosta, GA 31601; Approximately 1/2 mile from I‑75; Main office includes 8 offices, drafting room, conference rooms, break rooms, and 2 restrooms
