Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    204 Oak St Valdosta, GA 31601-5513

    • Turn key restaurants
    • 1,692 SF
    • 0.51 lot acres
    OFF-MARKET
    Last Sale
    Feb 04, 2021
    Value Estimations
    $250,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2164076
    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

    • The Oyster Bar / Seafood Market

    Property Details for 204 Oak St

    Year built
    1981
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.51 lot acres
    Property size
    1,692 SF
    Zone code
    C-H
    Property type
    Turn key restaurants
    APN
    0118C-078
    APU
    0118C078

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $280,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $223,000
      Market price range: $223k - $808k

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

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.2831
    Latitude
    30.8322
    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
    $573
    $13,259
    $5,964
    $19,223
    -
    $33,148
    $14,909
    $48,057

    Comparable in this City

    • Value Estimation
      $545,000
      8,282 SF

      1179 Saint Augustine Rd

      RESTAURANT • 8,282 SF
      1179 Saint Augustine Rd, Valdosta, GA 31601-3533
      View Details
    • Value Estimation
      $285,000
      3,500 SF

      3008 James Cir

      RESTAURANT • 3,500 SF
      3008 James Cir, Valdosta, GA 31601-7974
      View Details
    • Value Estimation
      $125,000
      1,360 SF

      804 Oak St

      RESTAURANT • 1,360 SF
      804 Oak St, Valdosta, GA 31601-4504
      View Details
    • Value Estimation
      $315,000
      1,362 SF

      1001 Saint Augustine Rd

      RESTAURANT • 1,362 SF
      1001 Saint Augustine Rd, Valdosta, GA 31601-3531
      View Details
    • Value Estimation
      $410,000
      3,680 SF

      200 Saint Augustine Rd

      RESTAURANT • 3,680 SF
      200 Saint Augustine Rd, Valdosta, GA 31601-5284
      View Details
    • Value Estimation
      $395,000
      6,114 SF

      1824 Clb House Dr

      RESTAURANT • 6,114 SF
      1824 Clb House Dr, Valdosta, GA 31601-3500
      View Details

    Similar Nearby for Sale

    • $799,900
      4,388 SF

      Turn-Key Commercial Property in Remerton

      High-visibility commercial property in Remerton's retail district near Valdosta.
      1305 Baytree Rd, Valdosta, GA 31601
      View Details
    • $629,000
      4,656 SF

      Valdosta Historic Building with Rooftop

      Two-story historic building, formerly a restaurant, with rooftop dining.
      132 Pattterson, Valdosta, GA 31601
      View Details
    • $659,900
      2,728 SF

      Remerton Commercial Building with Stage

      2,728 sq ft commercial building ideal for restaurant/bar.
      1905 Baytree Pl, Valdosta, GA 31601
      View Details
    • $595,000
      4,250 SF

      Renovated Commercial Property on Patterson Street

      Multi-use commercial property with development potential in Valdosta, Georgia.
      550 Patterson St, Valdosta, GA 31601
      View Details
    • $2,688,000
      4.38 Acres

      Restaurant & Development Opportunity, Valdosta

      Commercial property at I-75 Exit 18, a high-growth market.
      1854 Club House Dr, Valdosta, GA 31601
      View Details
    • $2,688,000
      4.38 Acres

      Valdosta Restaurant & Development Opportunity

      Prime commercial property at I-75 Exit 18 in Valdosta, Georgia.
      1854 Club House Dr, Valdosta, GA 31601
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,392 SF

      Valdosta Restaurant/Retail Opportunity

      Former restaurant space available for lease in Valdosta, Georgia.
      1830 Hill Ave, Valdosta, GA 31601
      View Details
    • $5,500 /Mo
      5,392 SF

      Restaurant Space Near I-75

      Former restaurant space with high traffic and ample parking.
      1830 Hill Ave, Valdosta, GA 31601
      View Details
    • Contact for pricing
      4,907 SF

      Versatile Commercial Space in Remerton

      Former restaurant suitable for restaurant, retail, or office uses.
      1903 Baytree Pl, Valdosta, GA 31601
      View Details
    • Contact for pricing
      4,800 SF

      Valdosta Retail Space: 4,800 SF

      Prime Downtown Valdosta retail space, 4,800 sq ft, ample parking.
      410 Oak St, Valdosta, GA 31601
      View Details
    • Contact for pricing
      1,608 SF

      Downtown Valdosta Storefront Opportunity

      Versatile 1,608 SF space ideal for retail or office.
      116 Patterson St, Valdosta, GA 31601
      View Details
    • Contact for pricing
      49,800 SF

      Valdosta Warehouse: 50,000 SF

      Large warehouse, ideal for distribution.
      1617 James P Rodgers Dr, Valdosta, GA 31601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    204 Oak St
    Valdosta, GA 31601-5513
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.