115 Park Ave Valdosta, GA 31602-2543
- Medical offices
- 1,237 SF
- 0.34 lot acres
Nov 27, 2024
Current Use by Public Records
- Graper Charles E DDS / Dentist
- Dental Registry / Dentist
- Dr. Joseph Dasher / Oral Surgeon / Practitioner Service Location
Property Details for 115 Park Ave
- Year built
- 1960
- Construction
- WOOD FRAME
- Lot size
- 0.34 lot acres
- Property size
- 1,237 SF
- Zone code
- R-P
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 0113D-166
- APU
- 0113D166
Description
This exceptional 2,335-square-foot medical office building is ideally situated at 115 W Park Avenue in Valdosta, Georgia, within Lowndes County (zip code 31602). Currently configured as a dental practice, this single-story building offers a versatile layout perfect for a variety of medical uses. The property features multiple points of entry, a spacious waiting area with reception, counter, and file room, several exam rooms, a break room, and additional office/storage space. A large private office with its own bathroom and separate entrance adds to the functionality. Ample parking is provided with 18 spaces and dual property access. The 0.34-acre lot is zoned R-P. This prime commercial location in the heart of Valdosta presents a fantastic opportunity for ownership or lease. The asking price is $199,900, and the property is also available for lease at a monthly rate of $2,500. This property offers a unique blend of convenience, functionality, and prime location, making it an attractive investment or business opportunity. The property's layout includes a well-designed reception area, multiple exam rooms, and additional office and storage space, catering to the needs of a medical practice. The ample parking and convenient location ensure easy access for patients and staff.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $180,000
- ML approach
- $180,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $180,000
- 6.5%
- $165,000
- 7%
- $155,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $236,000
- AI Estimate
- $163,000
Market price range: $145k - $258kMarket price range: $69.5k - $198k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $190,000 Current use
- COMMERCIAL (GENERAL)
- $225,000 Change: +18% Conversion: Easy
- RETAIL STORES
- $180,000 Change: -5% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Valdosta
- County
- Lowndes
- State
- Georgia
- Longitude
- -83.2904
- Latitude
- 30.8562
- CBSA code
- 46660
- CBSA name
- VALDOSTA, GA METROPOLITAN STATISTICAL AREA