800 Ashley St Valdosta, GA 31601-4539
- Auto shops
- 2,485 SF
- 0.13 lot acres
Jun 24, 2024
Current Use by Public Records
- Pro-Fit Muffler Center / Muffler Shop / Welder
- Perfect Touch Officiant / Wedding Service
Property Details for 800 Ashley St
- Year built
- 1973
- Construction
- STEEL FRAME
- Lot size
- 0.13 lot acres
- Property size
- 2,485 SF
- Zone code
- C-H
- Property type
- Auto shops
- APN
- 0118A-088
- APU
- 0118A088
Description
This 3,220-square-foot retail building, located at 800 N Ashley St, Valdosta, GA 31601, presents a unique investment opportunity. Situated on a 0.17-acre corner lot with excellent visibility and high traffic counts (approximately 17,350 vehicles per day), this property boasts a prime location for automotive-related businesses. The single-story building, constructed in 1973 and renovated in 2000, features three service bays equipped with two lifts, along with office, shop, and storage space. The property includes ten parking spaces and benefits from a prominent pylon sign. The building is currently vacant and offers approximately 3,220 square feet of usable space. Zoned C-H, this property is ideally suited for auto sales, service, or similar uses. The asking rent is $3,500 per month on a modified gross lease. Some existing fixtures, furniture, and equipment are included in the sale. The property's location on Ashley Street, a major north-south thoroughfare, provides easy access and serves all local submarkets. All city utilities are available. The property's APN is 0118A 088. The annual property taxes are $965 per square foot. Fifty years of automotive service history adds significant value to this established location. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Valdosta location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $285,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $211,000
- AI Estimate
- $182,000
Market price range: $150k - $581kMarket price range: $132k - $392k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $285,000 Current use
- MEDICAL BUILDING
- $440,000 Change: +55% Conversion: Difficult
- RETAIL STORES
- $365,000 Change: +27% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $265,000 Change: -8% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Valdosta
- County
- Lowndes
- State
- Georgia
- Longitude
- -83.2802
- Latitude
- 30.8397
- CBSA code
- 46660
- CBSA name
- VALDOSTA, GA METROPOLITAN STATISTICAL AREA