3185 Madison HwyValdosta, GA 31601

  • Office properties
  • 1,302 SF
For Sale
$1,150,000 View listing

Property Details for 3185 Madison Hwy

Year built
1900
Construction
TYPE NOT SPECIFIED
Lot size
2.00 AC
Property size (Sq ft)
1,302 SF
Zone code
C-G
Property type
Office properties
Property subtype
Other office properties
APN
0168-002
APU
168002

Description

This exceptional all-brick commercial building in Valdosta, Georgia, presents a unique investment opportunity. Situated on 1.75 acres with 520 feet of road frontage on Madison Highway, directly across from Valdosta Regional Airport, this property boasts unparalleled visibility and accessibility. The 9,510 square feet of heated and cooled space is divided between a main building and an adjacent structure. The main building offers a versatile layout, including 19 offices on the first floor, two conference rooms, a collaborative work area, a fully equipped kitchen and break room with a large walk-in pantry, a front office foyer, three storage areas, a reinforced archive room with concrete block construction and fire suppression, and two restrooms. The second floor features nine additional offices, two restrooms, and a private apartment suite complete with a den, wet bar, two closets (one walk-in), and a full bathroom. Ample parking is available, with nearly 20 spaces, including six covered spots. The adjacent structure, nearly 1000 square feet, offers three rooms and a bathroom, providing additional space for offices, storage, or other business needs. Multiple entrances and a large semi-circle driveway enhance convenience and functionality. This property's prime location, impressive layout, and high-traffic visibility make it ideal for a variety of uses, including professional offices, corporate headquarters, or mixed-use operations. The combination of size, location, and features makes this a truly exceptional commercial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $275,674
    6.5%
    $254,469
    7%
    $236,292
  • Comparable approach

    Method
    Valuation
    Relative Method
    $92,559
    Geo Method
    $92,559
  • Alternative Use

    Use
    Valuation
    Residential
    $315,541
    Hospitality
    $289,034
    Educational
    $240,473
    Medical
    $248,743
    Retail
    $374,069
3185 Madison Hwy, Valdosta, Georgia

Location Insight

City
Valdosta
County
Lowndes
State
Georgia
Latitude
30.764
Longitude
-83.2672
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
$7,878
$55,000
$250,592
$305,592
-
$137,500
$626,481
$763,981

FAQs

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