3200 Ashley StValdosta, GA 31602

Property Details for 3200 Ashley St

Year built

2000

Construction

STEEL FRAME

Lot size

11.38 AC

Property size (Sq ft)

105,558 SF

Zone code

C-C

Property type

Retail properties

Property subtype

Strip malls

APN

0111B-002

APU

0111B002

Description

BakerSmith Plaza offers a unique opportunity to lease medical retail space within a thriving commercial center. This single-story, 114,470 square foot building, constructed in 2000, sits on a spacious 12.38 acres in Lowndes County. Currently, there is 4,200 square feet of available space, ideal for a variety of medical practices. The property boasts a strong anchor tenant, Winn-Dixie, ensuring high foot traffic and visibility. Its strategic location provides exceptional access to a significant consumer base. Situated within one mile of Valdosta State University (with over 11,200 students), and just two miles from South Georgia Medical Center (employing over 2,600 people), this property benefits from a dense concentration of potential patients and customers. The property's ample parking and convenient access from North Valdosta Road further enhance its appeal. This is an excellent investment opportunity for medical professionals seeking a high-traffic, well-established location to expand their practice. The property's size and existing infrastructure offer significant potential for growth and long-term success. Contact us today to learn more about this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $24,436,258

  6.5%

  $22,556,546

  7%

  $20,945,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,910,378

  Geo Method

  $18,910,378

• Alternative Use

  Use

  Valuation

  Residential

  $19,027,290

  Hospitality

  $17,428,896

  Educational

  $14,500,636

  Medical

  $14,999,335

  Retail

  $22,556,546

Location Insight

City

Valdosta

County

Lowndes

State

Georgia

Latitude

30.8751

Longitude

-83.2934

CBSA code

46660

CBSA name

VALDOSTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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