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Property profile & analytics

115 Park Ave Valdosta, GA 31602-2543

  • Medical offices
  • 1,237 SF
  • 0.34 lot acres
OFF-MARKET
Last Sale
Nov 27, 2024
$180,000
Value Estimations
$185,000
Show details
Cap Rate Potential
6%
Medical offices
Location Intelligence
Property ID
US22-3532363
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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
    Market price range: $145k - $258k
    AI Estimate
    $163,000
    Market 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

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,043
$19,524
$49,065
$68,589
-
$48,809
$122,663
$171,472
More about this property
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