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    3901 Forrest St. Ext Valdosta, GA 31605

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    3901 Forrest St. Ext Valdosta, GA 31605

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    • Commercial real estate
    • 1.00 lot acres
    For Sale
    $425,000
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    Valdosta Commercial Property: Prime Location For Sale
    $425,000

    Valdosta Commercial Property: Prime Location

    Versatile Office Space, Excellent Condition

    3901 Forrest St. Ext, Valdosta, GA 31605
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    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3901 Forrest St. Ext

    Year built
    1980
    Lot size
    1.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 3901 N Forrest St. Ext. in Valdosta, GA, presents a unique investment opportunity. Situated on a one-acre lot, this building offers endless possibilities for a variety of businesses. Recently used as a dental office and previously a realty office, the interior has undergone significant remodeling in 2023. The layout includes several well-appointed office spaces, a spacious reception area, a full kitchen, one full bathroom and a three-quarter bathroom. A large laundry room adds to the functionality. The property also features a convenient two-car garage and ample built-in file cabinets, providing excellent storage solutions. The prime location is a key advantage, situated just off Perimeter Road, adjacent to Monster Storage at the corner of Perimeter Road and N Forrest St. Ext. Recent improvements include a new roof, a new well pump and tank, and all water lines leading to the well were replaced, along with a new pump house installed on December 12, 2024, following storm damage. This property is priced at $425,000 and offers a compelling combination of location, functionality, and recent upgrades. The versatile space is ready for immediate occupancy and presents a strong return on investment potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.2653
    Latitude
    30.8845

    Comparable in this City

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      0.50 Acres

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      COMMERCIAL (GENERAL) • 0.50 Acres
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      1.00 Acre

      4455 Bemiss Rd

      Land • 1.00 Acre
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      2.50 Acres

      6325 Cooper Rd

      Land • 2.50 Acres
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      240 SF

      3577 Bemiss Rd

      COMMERCIAL (GENERAL) • 240 SF
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    • Value Estimation by Request
      0.87 Acres

      4189 Bemiss Rd

      COMMERCIAL (GENERAL) • 0.87 Acres
      4189 Bemiss Rd, Valdosta, GA 31605-6637
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    Similar Nearby for Sale

    • $425,000
      1.00 Acre

      Valdosta Commercial Property: Prime Location

      Versatile Office Space, Excellent Condition
      3901 Forrest St. Ext, Valdosta, GA 31605
      View Details
    • $395,000
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      Prime Commercial Corner Lot

      Corner lot with median cut on busy Bemiss Rd.
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    • $895,000
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      High-Profile Corner Redevelopment Opportunity

      2.13-acre corner lot in Valdosta with redevelopment potential.
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    • $425,000

      Three Warehouse Buildings on 3.2 Acres

      Three metal warehouse buildings totaling 36,000 SF on 3.2 acres.
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      Commercial Land on Bemiss Road

      2.19-acre commercial property with high visibility and utilities in place.
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    • $495,000
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      Leased Commercial Strip in Valdosta

      Fully leased commercial strip property with income potential.
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    Similar Nearby for Lease

    • Contact for pricing
      1,960 SF

      Retail Space on Bemiss Road

      Inline retail space in high-traffic Valdosta corridor.
      4624 Bemiss Rd, Valdosta, GA 31605
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    • $16 SF/Yr

      Classroom Space Available For Sublease

      22,000 SF classroom space available for sublease until 2031.
      4201 N Forrest St, Valdosta, GA 31605
      View Details
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    Valdosta, GA 31605
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    3901 Forrest St. Ext, Valdosta, GA, 31605

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