403 Cowart AveValdosta, GA 31602

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

Medical offices

Property subtype

Medical centers

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.

• 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

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

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