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Property profile & analytics
OFF-MARKET
Outlet malls

402 Ann St Valdosta, GA 31601-4007

4,000 SF 0.2 ac lot Built 1985
Entity Owned 2-yr Hold Free & Clear
Property ID
US22-3080115
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1985
Construction WOOD
Total area 4,000 SF
Lot 0.2 ac (8,712 SF)
Zoning code C-C
APN 0116C-082
UPID US22-3080115
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • House of Grace D/B/A Appliances And More Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Berard Business Properties LLC · 2 yrs held
Berard Business Properties LLC
since 2024
3 recorded transactions
2024
Price N/A
2023
$150,000
2018
$150,000
Zoning & alternative use
C-C · Valdosta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Community Commercial
General category COMMERCIAL
Zone area 693.38 ac
Source land development regulations
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