Brick Office Building with
For Sale
$399,900
3901 Forrest Street Ext, Valdosta, GA 31605
Well-equipped office layout with multiple private offices, lobby/reception, and restroom facilities on a full-acre lot.
Property Size1,731 SF
Lot Size1.00 Acre
Price / SF$231.02
Days on Market208
Property Features for 3901 Forrest Street Ext
General Information
Standard status
Active
Size
1,731 SF
Lot size
1.00 Acre
Zoning
Office Professional
Listing Agency:
Canopy Realty Group
(229) 560-3691
Listed By:
Tony Barker
(229) 560-3691
Source:
Exprealty
Added: Jan 9
Changed: Jul 10
Last Checked: Jul 31 at 4:46PM
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 Canopy Realty Group
Investment Insights
Based on property information with market context.
This brick office building sits on a full-acre lot and is currently used as a real estate rental office. The interior features a large lobby and reception area plus four additional spacious offices, a kitchen and a separate kitchenette, and a break room that could serve as a conference room. There are file rooms, one full bath and one half bath, and a laundry area with a washer and dryer. A covered rear porch and plentiful private parking add day-to-day convenience.
The property is located about one block off Inner Perimeter Rd. It is currently zoned Office Professional.
With its mix of reception space, multiple offices, and supporting rooms for break and file storage, the building can work for a range of professional service tenants seeking an established office configuration. The layout also provides flexible use options for internal rooms, while the parking and covered porch support regular client and staff access.
The property is located about one block off Inner Perimeter Rd. It is currently zoned Office Professional.
With its mix of reception space, multiple offices, and supporting rooms for break and file storage, the building can work for a range of professional service tenants seeking an established office configuration. The layout also provides flexible use options for internal rooms, while the parking and covered porch support regular client and staff access.
Key Highlights
- Brick office building on a full acre lot, located one block off Inner Perimeter Rd
- Zoned Office Professional
- Large lobby and reception area plus 4 additional spacious private offices
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 | $28.0k | $16.20 |
| − Vacancy | −$2.9k | −$1.65 |
| EGI | $25.2k | $14.55 |
| − OpEx | −$10.1k | −$5.82 |
| NOI | $15.1k | $8.73 |
1,731 SF · lease $16.20/SF/yr · vacancy 10.20% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$215.8K
$188.9K – $251.8K
NOI $15,109 @ 7.0% cap · market cap 3.78%
Second Best
Office B
$191.0K
$167.1K – $222.8K
NOI $13,367 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$262.8K
$230.0K – $306.6K
NOI $18,396 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 31605, GA
23,682
Population
9,642
Households
2.5
Avg Household Size
32
Median Age
35%
College-Educated
95%
High-School Grad
48.8 sq mi
ZIP Area
485
Density / Sq Mi
$73,991
Median Household Income
$42,359
Median Earnings
$1,230
Median Rent
$211,900
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 units - Well-equipped office layout with multiple private offices, lobby/reception, and restroom facilities on a full-acre lot.
Where is this office units located?
The property is located at 3901 Forrest Street Ext Valdosta, GA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Brick office building on a full acre lot, located one block off Inner Perimeter Rd; Zoned Office Professional; Large lobby and reception area plus 4 additional spacious private offices
