Technical
Financial
Distress signals
Property profile

208 N Patterson St Valdosta, GA 31601

FOR SALE
Other investment properties
Property ID
US22-3233928
7,560 SF 0.1 ac lot Built 1900
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Historic restaurant property at 208 N Patterson in downtown Valdosta, occupying 7,560 square feet across two floors. The building was renovated in 2015 and features exposed brick, a full sprinkler system, and security and camera systems, along with updated building infrastructure supporting its restaurant-related configuration. The main level includes a complete restaurant kitchen setup and provides circulation via both front and rear staircases; basement space is available for additional storage. The property is located directly across from the Lowndes County Courthouse on the main block of Patterson Street. It is zoned CD and has an approved occupancy of 300, with interior infrastructure and an event-capable layout suited to restaurant, entertainment, and large-event uses as permitted by the property’s stated approvals.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1900
Construction TYPE NOT SPECIFIED
Total area 7,560 SF
Lot 0.1 ac (4,356 SF)
Zoning code C-D
APN 0118C-129
UPID US22-3233928

Cap rate & NOI

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

Location

208 N Patterson St Valdosta, GA 31601
Valdosta metro Census 11302 VALDOSTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$745k
CAP Approach CAP
$960k
Comparable Approach Comparable
by Request
Blend (final) Blend
$785k

Owner & transaction history

since 2022
Last sale
$670,000
2 recorded transactions
2022
$670,000
2014
$3,000

Zoning & alternative use

C-D · Valdosta, GA
Zoning description

d Zoning General Provisions September 6, 2012 R-P Residential Professional District O-P Office Professional District C-N Neighborhood Commercial District C-C Community Commercial District C-H Highway Commercial District…

General category COMMERCIAL
Top alternative use upside
Retail stores $1.1M +38.1%
Auto repair, garage $865,000 +8.6%

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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