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    116 Patterson St Valdosta, GA 31601-5570
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    Property profile & analytics

    116 Patterson St, Valdosta, GA 31601-5570

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    • Investment properties
    • 3,408 SF
    • 0.04 lot acres
    Off-Market
    Last Sale Apr 21, 2022
    $269,900
    Property ID
    US22-2839663
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MERLE NORMAN COSMETICS STUDIO / Hair Salon / Nail Salon
    • Howe.Law Injury & Accident Lawyers / Law Firm

    Property Details for 116 Patterson St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.04 lot acres
    Zone code
    C-D
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    0120A-138
    APU
    0120A138

    Description

    This exceptional 3,408-square-foot commercial property, located at 116 N Patterson Street in Valdosta, Georgia (31601), presents a unique opportunity for businesses seeking a prominent downtown location. The building, classified as Class B and renovated in 2008, features two suites across two stories. Currently, the entire 3,408 square feet is vacant and available for lease, offering flexibility for a single tenant or potential division into smaller spaces (minimum 1,800 sq ft). The space boasts a versatile layout suitable for various uses, including executive, traditional, creative offices, or even coworking spaces. The property benefits from high visibility on busy Patterson Street, yet offers convenient access to the ample public parking in the Toombs Street lot at the rear. The building includes mid-level storage and a private bathroom. The property features 80 total parking spaces and is served by Georgia Power. Zoned for Downtown Commercial use (APN: 0120A-138), this property offers a compelling combination of location, size, and adaptability. Annual property taxes are $0.83 per square foot. There are no elevators. This is an ideal space for businesses seeking a high-traffic location in the heart of Downtown Valdosta.


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    Location Insight

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    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.2794
    Latitude
    30.8312
    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
    $2,812
    $42,240
    $30,255
    $72,495
    -
    $105,600
    $75,637
    $181,237
    More about this property
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