Downtown Office
For Sale
$170,000
120 , Valdosta, GA 31601
Street-facing reception, private office, storage areas, and two restrooms support a flexible commercial layout.
Property Size1,900 SF
Price / SF$96.21
Days on Market22
Property Features for 120
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Commercial
Amenities
0.04 acres, Business Park
Public Sewer
Parcel Number: 0120A 148, Annual Amount: $2,832, Year: 2025
Carpet
Central Air
Central
Listing ID: 10846350, Standard Status: Active, MLS Status: Active, On market as of 2026-09-15, 15 days on market
Paved
Built in 1900, Construction Materials: Stucco
County/Parish: Lowndes
Resale
Sewer Available, Water Available, Water Source: Public, 220 Volts
Close Of Escrow
Building Details
Building Size
1,900 SF
Year Built
1900
Listing Agency:
Southern Classic Realtors
(678) 635-8877
Listed By:
Austin Plyler · License #334712
(229) 560-9275
Source:
Blackstreaminternational
Added: Sep 15
Changed: Oct 6
Last Checked: Oct 5 at 6:10PM
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 Southern Classic Realtors
Investment Insights
Based on property information with market context.
This approximately 1,767-square-foot office unit occupies a walkable setting in Historic Downtown Valdosta. The interior includes a street-facing reception area, open work or counter space, a private office, storage areas, and two restrooms, including one with a shower. Rear access connects to the public/shared downtown parking area off Toombs Street.
The property was previously configured for bank or finance office use and requires cosmetic updates and renovation for its next application. Its position next to Bleu Pub and near Bank OZK places it within an active downtown district. Nearby development includes the Union at Valdosta mixed-use project planned for apartments and ground-floor commercial space along West Hill Avenue.
The property was previously configured for bank or finance office use and requires cosmetic updates and renovation for its next application. Its position next to Bleu Pub and near Bank OZK places it within an active downtown district. Nearby development includes the Union at Valdosta mixed-use project planned for apartments and ground-floor commercial space along West Hill Avenue.
Key Highlights
- Approximately 1,767 square feet of commercial office space
- Street‑facing reception area with open work or counter space
- Private office, storage areas, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,949
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,980
$279.0K
Cap Rate 7%
$199,271
$199.3K
Cap Rate 9%
$154,989
$155.0K
Market Conditions
NOI Build-Up for 1,767 SF
Gross rent
$22.3K $12.60/SF
− Vacancy
−$2.3K −$1.32/SF
EGI
$19.9K $11.28/SF
− OpEx
−$6.0K −$3.38/SF
NOI
$13.9K $7.89/SF
Area
Lowndes County, GA
Vacancy
10.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,980
Cap Rate 7%
$199,271
Cap Rate 9%
$154,989
Alternative Uses
Best Use
Retail
$199.3K
$174.4K – $232.5K
NOI $13,949 @ 7.0% cap · market cap 8.21%
Second Best
Office B
$194.9K
$170.6K – $227.4K
NOI $13,645 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$268.3K
$234.7K – $313.0K
NOI $18,778 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Street-facing reception, private office, storage areas, and two restrooms support a flexible commercial layout.
Where is this office units located?
The property is located at 120 Valdosta, GA.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Approximately 1,767 square feet of commercial office space; Street‑facing reception area with open work or counter space; Private office, storage areas, and two restrooms
