402 Ann St Valdosta, GA 31601-4007
This Valdosta commercial property at 402 E Ann St presents a unique investment opportunity. The building boasts a substantial 4,000 square feet of space, encompassing a large workshop area measuring 80' x 50', perfect for various business ventures. A convenient office space is included, complete with HVAC for year-round comfort. The property also features a restroom facility for added convenience. Multiple roll-up doors provide easy access for loading and unloading, enhancing operational efficiency. A practical lean-to in the back offers additional storage or workspace. Note that certain items currently on the premises, such as car lifts and an air compressor, are not included in the sale. The property sits on a 0.2-acre lot, providing ample space for maneuvering and potential expansion. A compelling aspect of this offering is the current owner's interest in leasing back the property for a 12-month period, providing a potential income stream for the new owner. This presents a flexible arrangement for both parties involved. This versatile property is ideally suited for a range of businesses and represents a strong investment prospect in a thriving Valdosta location. Priced at $350,000, this opportunity won't last long.
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House of Grace D/B/A Appliances And More Home Appliance Store Hardware & Home Improvement
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 District C-C Community Commercial District C-H Highway Commercial District C-D Downtown Commercial District C-A Adult Commercial District M-1 Wholesal…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-C · Valdosta, GAValdosta 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 District C-C Community Commercial District C-H Highway Commercial District C-D Downtown Commercial District C-A Adult Commercial District M-1 Wholesale/Office Industrial District M-2 Manufacturing/Distribution District Section 202-5
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.