Brick Office Building with
For Sale
$399,900
3901 Forrest Street Ext, Valdosta, GA 31605
Commercial Sale, Valdosta, GA
Property Size1,731 SF
Lot Size1.00 Acre
Price / SF$231.02
Days on Market274
Property Features for 3901 Forrest Street Ext
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
O-P
Subdivision
2-N of Park Ave to E Oak St (City Limits)
Standard status
Active
APN
0149A 038
Size
1,731 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
DB 6986 Pg 832
Tax Annual Amount
2578
Legal Description
DB 6986 Pg 832
Amenities
lobby
reception area
kitchen
kitchenette
break room
file rooms
laundry area
covered rear porch
Building Details
Year built
1980
Listing Agency:
Canopy Realty Group
(229) 630-2400
Listed By:
Tony Barker · License #H-79993
(229) 560-3691
Added: Jan 9
Changed: Oct 9
Last Checked: Oct 10 at 3:06AM
MLS# 147265
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.
Built in 1980, this brick office building contains 1,731 square feet on a 1-acre lot. The layout includes a large lobby and reception area, four additional offices, a kitchen, separate kitchenette, break room, file rooms, one full bathroom, one half bathroom, and a laundry area equipped with a washer and dryer. A covered rear porch and private parking add to the property’s functional setup. The building is currently used as a real estate rental office and was previously occupied as a dentist office.
Located at 3901 Forrest Street Ext in Valdosta, Georgia, the property sits one block from Inner Perimeter Rd. Office Professional zoning is identified as O-P. The combination of dedicated office rooms, administrative support areas, and existing parking provides a practical configuration for professional office use.
Located at 3901 Forrest Street Ext in Valdosta, Georgia, the property sits one block from Inner Perimeter Rd. Office Professional zoning is identified as O-P. The combination of dedicated office rooms, administrative support areas, and existing parking provides a practical configuration for professional office use.
Key Highlights
- 1,731‑square‑foot brick office building constructed in 1980
- 1‑acre lot with plentiful private parking
- Large lobby and reception area plus 4 additional offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,109
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,180
$302.2K
Cap Rate 7%
$215,843
$215.8K
Cap Rate 9%
$167,878
$167.9K
Market Conditions
NOI Build-Up for 1,731 SF
Gross rent
$28.0K $16.20/SF
− Vacancy
−$2.9K −$1.65/SF
EGI
$25.2K $14.55/SF
− OpEx
−$10.1K −$5.82/SF
NOI
$15.1K $8.73/SF
Area
Lowndes County, GA
Vacancy
10.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,180
Cap Rate 7%
$215,843
Cap Rate 9%
$167,878
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - O-P-zoned office property with multiple workrooms, support areas, private parking, and a covered rear porch.
Where is this office building 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: 1,731‑square‑foot brick office building constructed in 1980; 1‑acre lot with plentiful private parking; Large lobby and reception area plus 4 additional offices
