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Property profile & analytics
OFF-MARKET
Office Spaces
1008 Patterson St Valdosta, GA 31601-3919
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-2033264
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1900
Construction
WOOD FRAME
Total area
4,539 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C-C
APN
0118A-007
UPID
US22-2033264
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Prime Pro Insurance Co Insurance Agency
-
Moore & Voyles, P.C. Law Firm
-
Bryan Rumker, Attorney at Law Law Firm
-
Anthony Heating and AC Service HVAC Service General Contractor
-
CDM Smith Civil Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
John Randall Hicks · 1 yrs held
John Randall Hicks
since 2024
Last sale
$395,000
5 recorded transactions
Zoning & alternative use
C-C · Valdosta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Valdosta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valdosta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,013
Tax year 2023
Assessed value
$134,698
Assessed 2023
Previous assessed
$134,698
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$59,724
Assessed improvement
$74,974
Land market value
$149,310
Improvement market value
$187,436
Total market value
$336,746
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1900
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
6
Bathrooms
1
Total area
4,539 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C-C
APN
0118A-007
UPID
US22-2033264
Jurisdiction
LOWNDES
Zoning & alternative use
C-C · Valdosta, GA
Zoning C-C · permitted uses
C-C · Valdosta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valdosta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
John Randall Hicks
Individual
Mailing address
703 N SMITHBRIAR DR, VALDOSTA, GA 31602-1341
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2024
$395,000
John Randall Hicks
Leigh Saliba Broomberg
Warranty Deed
$200,000 · Broomberg Leigh Saliba
Jul 10, 2024
—
Leigh Saliba Broomberg
George M Saliba Living Trust Dated
Warranty Deed
—
Aug 27, 2014
—
George M Saliba
George M Saliba
Warranty Deed
related
—
Jul 16, 2010
—
George M Saliba Living Trust
George M Saliba
Intrafamily Transfer
related
—
Feb 18, 2005
$150,000
George M Saliba
John Kent Edwards
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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