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Listed by John Courson COLDWELL BANKER PREMIER REAL E
$ 799,000
Est. payment /mo
Active
411-415 Cowart Avenue Valdosta, GA 31602
6,216 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,216 sqft
Price per Sqft $128
MLS Listing ID 146826
HOA Y/N No
Year Built 2005
Lot Size 0.583 Acres
Lot Dimensions 145 x 175
Property Sub-Type Commercial
Property Description
Stabilized Multi-Tenant Office Investment | 620 SF Suites | Individually Metered | 8% Cap Rate | Near SGMC & Moody AFB Located just steps from SGMC Health, Azalea Business Center at 411–415 Cowart Avenue is a stabilized two-building, 10-suite multi-tenant office property in the heart of Valdosta's strongest professional corridors. Each 620 SF suite features two private offices, large reception/waiting area, break room, storage, and private restroom. Plenty of parking, easy in & out and each unit is individually metered for utilities, allowing tenants to be billed directly and keeping ownership expenses low. The property is anchored by long-term tenants paying $795/month ($15+/SF), and combined with a 30% operating expense ratio gives an 8.35% proforma cap rate. Current tenants include salons, tax preparers, financial professionals, and service-oriented businesses, creating strong tenant synergy and occupancy stability. Ideal for both investors and owner-users, with the ability to occupy one or more suites while enjoying reliable income from an established tenant base. Major regional demand generators—including SGMC Health, Moody Air Force Base, Valdosta State University, and the area's expanding logistics and retail hubs—continue to drive strong need for small, affordable professional office suites, while limited supply makes this property a rare find. Rent roll and historical financials available to qualified prospects.
Location
State GA
Area 2-N Of Park Ave To E Oak St (City Limits)
Zoning C-H
Interior
Interior Features Private Restrooms
Heating Central, Electric
Cooling Central Air, Electric
Exterior
Exterior Feature Sign(s)
Parking Features Private, Paved
Garage Spaces 40.0
View Y/N No
Roof Type Shingle
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Others
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