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

    902 Ashley St Valdosta, GA 31601-4541

    • Auto shops
    • 1,312 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $280,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3494946
    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

    • TMR AUTO SALES / Used Car Dealer / Moving Supply Store
    • Brown Auto, LLC / Used Car Dealer
    • Autoway Of Valdosta Llc. / Motor Vehicle Dealer

    Property Details for 902 Ashley St

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.28 lot acres
    Property size
    1,312 SF
    Zone code
    C-H
    Property type
    Auto shops
    APN
    0118A-047
    APU
    0118A047

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $260,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $306,000
      Market price range: $79.1k - $307k
      AI Estimate
      $206,000
      Market price range: $69.6k - $207k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $235,000
      RETAIL STORES
      $190,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.2804
    Latitude
    30.8417
    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
    $1,564
    $40,450
    $12,036
    $52,486
    -
    $101,126
    $30,089
    $131,215

    Comparable in this City

    • Value Estimation
      $285,000
      800 SF

      525 Ashley St

      AUTO REPAIR, GARAGE • 800 SF
      525 Ashley St, Valdosta, GA 31601-6047
      View Details
    • Value Estimation
      $300,000
      2,760 SF

      302 Gordon St

      AUTO REPAIR, GARAGE • 2,760 SF
      302 Gordon St, Valdosta, GA 31601-4753
      View Details
    • Value Estimation
      $285,000
      2,100 SF

      998 Howell Rd

      AUTO REPAIR, GARAGE • 2,100 SF
      998 Howell Rd, Valdosta, GA 31601-8600
      View Details
    • Value Estimation
      $250,000
      1,650 SF

      1020 Howell Rd

      AUTO REPAIR, GARAGE • 1,650 SF
      1020 Howell Rd, Valdosta, GA 31601-8002
      View Details
    • Value Estimation
      $295,000
      5,184 SF

      1042 Howell Rd

      AUTO REPAIR, GARAGE • 5,184 SF
      1042 Howell Rd, Valdosta, GA 31601-8002
      View Details
    • Value Estimation
      $435,000
      7,200 SF

      829 Saint Augustine Rd

      AUTO REPAIR, GARAGE • 7,200 SF
      829 Saint Augustine Rd, Valdosta, GA 31601-3588
      View Details

    Similar Nearby for Sale

    • $650,000
      5,435 SF

      Valdosta Car Wash and Shop

      Established car wash and detail shop with redevelopment potential.
      1000 Ashley St, Valdosta, GA 31601
      View Details
    • $350,000
      4,000 SF

      Valdosta Commercial Property For Sale

      Commercial property featuring 4,000 SF building with multiple roll-up doors.
      402 Ann St, Valdosta, GA 31601
      View Details
    • $1,300,000
      2,673 SF

      300 Hill Ave

      Individual retail properties • 2,673 SF
      300 Hill Ave, Valdosta, GA 31601
      View Details
    • $245,520
      2,480 SF

      Downtown Valdosta Mixed-Use Property

      Valdosta Office/Retail Investment Opportunity
      121 Central Ave, Valdosta, GA 31601
      View Details
    • $369,900
      7,560 SF

      Historic Mixed-Use Building in Valdosta

      Two-story commercial building in downtown Valdosta, suitable for retail/office.
      201 Ashley St, Valdosta, GA 31601
      View Details
    • $2,895,000
      24,300 SF

      Historic Mixed-Use Landmark in Valdosta

      Iconic 24,300 SF historic building in downtown Valdosta.
      105-111 Central Ave, Valdosta, GA 31601
      View Details

    Similar Nearby for Lease

    • 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
    • $9 SF/Yr
      10,926 SF

      Retail Space Available For Lease

      Former dollar general available for lease August 1, 2023.
      804-810 Madison Hwy, Valdosta, GA 31601
      View Details
    • Contact for pricing
      1,000 SF

      Downtown Valdosta Commercial Space Available

      Versatile 1,000 SF space suitable for various business types.
      304 Oak Street Ext, Valdosta, GA 31601
      View Details
    • 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
    • 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.
    902 Ashley St
    Valdosta, GA 31601-4541
    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.