2310 Patterson StValdosta, GA 31602

Property Details for 2310 Patterson St

Year built

1987

Construction

WOOD

Lot size

0.59 AC

Property size (Sq ft)

3,404 SF

Zone code

R-P

Property type

Medical offices

Property subtype

Medical centers

APN

0113D-251

APU

0113D251

Description

This exceptional 0.38-acre commercial property, situated at 2310 N Patterson St. Building H, Valdosta, GA, presents a unique investment opportunity. The building's prime location directly across from the SGMC Professional Building and a half-mile from Valdosta State University (VSU) ensures high visibility and accessibility. Its strategic placement within a bustling area guarantees significant foot and vehicular traffic, making it ideal for a variety of professional uses. The building itself features four convenient entrance doors, providing ample access for clients and staff. The interior layout includes two or three waiting rooms, depending on configuration, offering flexibility for different professional setups. This versatile space is perfectly suited for a medical office building, given its proximity to SGMC, or for other professional businesses such as insurance agencies, general offices, or similar enterprises. The asking price for this well-positioned property is $640,000. The square footage is not currently available. This is a rare opportunity to acquire a high-demand commercial property in a thriving Valdosta location. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $536,274

  6.5%

  $495,022

  7%

  $459,663

• Comparable approach

  Method

  Valuation

  Relative Method

  $241,990

  Geo Method

  $241,990

• Alternative Use

  Use

  Valuation

  Residential

  $613,827

  Hospitality

  $562,262

  Educational

  $467,796

  Medical

  $483,884

  Retail

  $727,682

Location Insight

City

Valdosta

County

Lowndes

State

Georgia

Latitude

30.8593

Longitude

-83.2899

CBSA code

46660

CBSA name

VALDOSTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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