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    Multi-Tenant Office Investment Opportunity Title is generated by Realmo AI

    411-415 Cowart Avenue, Valdosta, GA 31602

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    Claim this Listing
    For Sale
    $785,000

    COMMERCIAL - Valdosta, GA

    Property size:
    6,216 SF
    Lot size:
    0.58 Acres
    Price / SF:
    $126/SF
    Added:
    Nov 15, 2025
    Days on Market:
    218
    Last Refresh:
    Jun 21 at 9:06 am

    Property Features for 411-415 Cowart Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-H
    Standard status
    Active
    APN
    0114A 168, 169
    Size
    6,216 SF
    Lot size
    0.58 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    in listing office
    Tax Annual Amount
    9022

    Building Details

    Year built
    2005

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    Listing Contact
    John Courson
    John Courson

    Listing agent John Courson License #342868

    Listing office COLDWELL BANKER PREMIER REAL E 1616 Norman Dr Suite E, Valdosta, GA

    Listing date Nov 15, 2025

    MLS# 146826

    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.

    HighLights

    • 8% Cap Rate: High return on investment.
    • Individually Metered Suites: Tenants billed directly for utilities.
    • 620 SF Suites with Functional Layout: Each suite includes two private offices, reception area, break room, storage, and private restroom.
    • Strong Tenant Synergy and Occupancy Stability: Diverse mix of long‑term tenants.
    • Prime Location Near SGMC & Moody AFB: Close proximity to major demand generators.
    • Ideal for Investors or Owner‑Users: Opportunity to occupy suites while generating income.

    Overview

    Located near SGMC Health, the Azalea Business Center at 411-415 Cowart Avenue is a stabilized two-building, 10-suite multi-tenant office property. Each 620 SF suite features two private offices, a large reception/waiting area, break room, storage, and a private restroom. The property has plenty of parking and easy access. Each unit is individually metered for utilities, allowing tenants to be billed directly. The property is anchored by long-term tenants paying $795/month ($15+/SF). Current tenants include salons, tax preparers, financial professionals, and service-oriented businesses. The property is ideal for both investors and owner-users, with the ability to occupy one or more suites while enjoying reliable income from an established tenant base. Major regional demand generators, including SGMC Health, Moody Air Force Base, Valdosta State University, and the area's expanding logistics and retail hubs, continue to drive strong need for small, affordable professional office suites. The property is located in Valdosta, GA, and has a lot size of 0.583 acres. The property size is 6216 square feet.

    Local Financial Insights For Retail

    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 $78.3k $12.60
    − Vacancy −$8.2k −$1.32
    EGI $70.1k $11.28
    − OpEx −$21.0k −$3.38
    NOI $49.1k $7.89
    6,216 SF · lease $12.60/SF/yr · vacancy 10.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $701.0K
    $613.4K – $817.8K (±1% cap)
    NOI $49,068 @ 7.0% cap · market cap 6.25%
    Second Best
    Office B
    $685.7K
    $600.0K – $800.0K (±1% cap)
    NOI $48,000 @ 7.0% cap · market cap 6.11%
    Theoretical Best
    Office A
    $943.7K
    $825.7K – $1.10M (±1% cap)
    NOI $66,059 @ 7.0% cap · market cap 8.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.2821406
    Latitude
    30.8624928

    FAQs

    What type of property is this?
    Office units - Stabilized multi-tenant office property near SGMC and Moody AFB.
    Where is this office units located?
    The property is located at 411-415 Cowart Avenue Valdosta, GA.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: 8% Cap Rate: High return on investment.; Individually Metered Suites: Tenants billed directly for utilities.; 620 SF Suites with Functional Layout: Each suite includes two private offices, reception area, break room, storage, and private restroom.
    More about this property
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