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Property profile

115 Park Ave Valdosta, GA 31602

OFF-MARKET
Medical Office Space
Property ID
US22-3532363
1,237 SF 0.34 ac lot Built 1960
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1960
Construction WOOD FRAME
Total area 1,237 SF
Lot 0.34 ac (14,810 SF)
Zoning code R-P
APN 0113D-166
UPID US22-3532363

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office

Location

115 Park Ave Valdosta, GA 31602-2543
Valdosta metro Census 11100 VALDOSTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2024
Last sale
$180,000
2 recorded transactions
2024
$180,000
2020
$145,000

Zoning & alternative use

R-P · Valdosta, GA
Zoning description

City of Valdosta Land Development Regulations 2 Chapter 202 - Land Use and Zoning General Provisions September 6, 2012 R-P Residential Professional District O-P Office Professional District C-N Neighborhood Commercial Di…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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