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Financial
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Property profile

208 N Patterson St Valdosta, GA 31601

FOR SALE
Other investment properties
Property ID
US22-3233928
7,560 SF 0.1 ac lot Built 1900
Last sale Apr 2022 · $670,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Historic restaurant property at 208 N Patterson in downtown Valdosta, occupying 7,560 square feet across two floors. The building was renovated in 2015 and features exposed brick, a full sprinkler system, and security and camera systems, along with updated building infrastructure supporting its restaurant-related configuration. The main level includes a complete restaurant kitchen setup and provides circulation via both front and rear staircases; basement space is available for additional…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$262k
Assessed land$47k
Assessed improvement$215k
Effective rate3.48%

Value estimate

· Oct 2026
$785k
$707k – $864k
AI approach$745k
CAP approach$960k
NOI build-up
Gross scheduled income$100k
Vacancy & credit loss−$7k
Operating expenses−$23k
NOI · 8.41% cap applied$70k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
ZIP average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$58 – $180
Qualifying comparables4

Cap rate analysis

How does the asset earn?
8.41%
$70k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-D
The purpose of this district shall be to enhance and protect shopping facilities in the central business district of the city.
General categoryCOMMERCIAL
JurisdictionLOWNDES

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.1
Pharmacy11.0
Wholesale Shop10.9

Location

208 N Patterson St Valdosta, GA 31601
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
204 Central, Valdosta, GA 31601-5718 $245,000 May 2025 8,308 SF
210 Central, Valdosta, GA 31601-5718 $245,000 May 2025 8,832 SF
101 Patterson, Valdosta, GA 31601-5515 $1,100,000 Sep 2022 7,200 SF
110 Ashley, Valdosta, GA 31601-5502 $240,000 Nov 2021 6,728 SF
134 Patterson, Valdosta, GA 31601-5516 $370,000 May 2021 6,888 SF
906 Williams, Valdosta, GA 31601-4898 $171,500 Sep 2020 6,485 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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