Multi-Building Industrial Flex
For Sale
$895,000
3737 Madison Hwy, Valdosta, GA 31601
Commercial Sale, Valdosta, GA
Property Size13,725 SF
Lot Size7.62 Acres
Price / SF$65.21
Days on Market98
Property Features for 3737 Madison Hwy
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-A, CH
Subdivision
6-Incorp. from S. of Hwy 84 in Lowndes Co.
Standard status
Active
APN
0134 044
Size
13,725 SF
Lot size
7.62 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LL 71 LD 11
Tax Annual Amount
4279
Legal Description
LL 71 LD 11
Listing Agency:
THE HERNDON COMPANY
(229) 244-1992
Listed By:
Jon Bollinger · License #330895
(229) 269-3687
Added: Jun 8
Changed: Aug 19
Last Checked: Sep 13 at 10:06PM
MLS# 153967
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 7.62-acre flex property includes 13,725 square feet of office, fabrication, warehouse, and covered operational space. The main office building contains 3,400 SF with 8 offices, a receptionist counter, drafting room, conference rooms, break rooms, and 2 restrooms. Additional improvements include a 2,000 SF front warehouse with a 12' roll-up door, a 1,575 SF fabrication room with 3 offices, restrooms, and a 10' roll-up door, plus a 3,750 SF rear warehouse and canopy area with shelving, a 20' door to the canopy, 2 10' roll-up doors, and a 25x44 canopy with an additional 17x44 concrete slab.
The property is located at 3737 Madison Hwy in Valdosta, approximately 1/2 mile from I-75, and is zoned R-A, CH. A block home is also included and could be renovated for additional office space.
The property is located at 3737 Madison Hwy in Valdosta, approximately 1/2 mile from I-75, and is zoned R-A, CH. A block home is also included and could be renovated for additional office space.
Key Highlights
- 13,725 SF of combined office, fabrication, warehouse, and canopy space
- 7.62‑acre commercial property at 3737 Madison Hwy, Valdosta, GA 31601
- Main office building includes 3,400 SF, 8 offices, 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
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Open Analytics
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office, fabrication, warehouse, and canopy improvements occupy a substantial commercial property with 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: 13,725 SF of combined office, fabrication, warehouse, and canopy space; 7.62‑acre commercial property at 3737 Madison Hwy, Valdosta, GA 31601; Main office building includes 3,400 SF, 8 offices, conference rooms, break rooms, and 2 restrooms
