403 Cowart AveValdosta, GA 31602

  • Healthcare properties
  • 2,104 SF
For Sale
$369,900 View listing

Property Details for 403 Cowart Ave

Year built
1976
Construction
WOOD
Lot size
0.30 AC
Property size (Sq ft)
2,104 SF
Zone code
C-H
Property type
Healthcare properties
Property subtype
Medical offices
APN
0114A-166
APU
0114A166

Description

This exceptional 2,104-square-foot medical office building is ideally situated in Valdosta, Georgia, at 403 Cowart Avenue, less than a tenth of a mile from South Georgia Medical Center. The property, situated on a 0.3-acre lot, boasts ample parking with 14 spaces, including front and rear access for employees. The building, renovated in 2019, features a spacious reception area complete with a file room and counter. The well-appointed interior includes three exam rooms, two flexible-use rooms, break rooms, and restrooms. The permitted zoning is C-H. This single-story building is currently operating as an oral surgery center, showcasing its suitability for a variety of medical practices. The asking price is $369,900. This turnkey opportunity presents a rare chance to acquire a high-quality, well-maintained medical office building in a prime location with excellent access to a major medical center. The property's modern design and convenient amenities make it an attractive investment for healthcare professionals seeking a thriving practice environment. The building's layout is efficient and functional, offering a comfortable and productive workspace. Don't miss this chance to own a piece of Valdosta's thriving medical community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $331,456
    6.5%
    $305,959
    7%
    $284,105
  • Comparable approach

    Method
    Valuation
    Relative Method
    $149,573
    Geo Method
    $149,573
  • Alternative Use

    Use
    Valuation
    Residential
    $379,390
    Hospitality
    $347,519
    Educational
    $289,132
    Medical
    $299,075
    Retail
    $449,760
403 Cowart Ave, Valdosta, Georgia

Location Insight

City
Valdosta
County
Lowndes
State
Georgia
Latitude
30.8625
Longitude
-83.2825
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
$2,439
$18,525
$63,334
$81,859
-
$46,313
$158,334
$204,647

FAQs

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