502 N Ashley, Valdosta, GA 31601
COMMERCIAL - Valdosta, GA
- Added:
- Dec 18, 2025
- Days on Market:
- 202
- Last Refresh:
- Jul 8 at 12:06 am
Property Features for 502 N Ashley
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C
- Standard status
- Active
- APN
- 0118C167
- Size
- 3,600 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Blk 188 City of Valdosta
- Tax Annual Amount
- 2806
Building Details
- Year built
- 1970
Listing agent Melissa Sherwood (229) 561-0232
Listing office Georgia Florida Real Estate Services 3338 Country Club Rd C-3, GA (229) 560-2081
Listing date Dec 18, 2025
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
- Prime location in the Art District, walking distance to the courthouse and Chamber of Commerce.
- Versatile space suitable for various professional services (law office, accounting firm, insurance agency, etc.).
- Five well‑appointed offices, 1‑2 conference rooms, spacious reception area, and welcoming lobby.
- Unique loft area providing flexible space for additional offices or creative use.
- Abundant storage options for a clutter‑free workspace.
- Owner financing considered and 1 year old roof.
Overview
Local Financial Insights For Office B
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 | $47.5k | $13.20 |
| − Vacancy | −$10.5k | −$2.90 |
| EGI | $37.1k | $10.30 |
| − OpEx | −$9.3k | −$2.57 |
| NOI | $27.8k | $7.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Valdosta
- County
- Lowndes
- State
- Georgia
- Longitude
- -83.2798729
- Latitude
- 30.8359701