1006 Slater StValdosta, GA 31601

  • Office properties
  • 1,708 SF
For Sale
$220,000 View listing

Property Details for 1006 Slater St

Year built
1930
Lot size
0.20 AC
Property size (Sq ft)
1,708 SF
Zone code
R-P
Property type
Office properties
Property subtype
Other office properties
APN
0118A-316
APU
0118A316

Description

This charming 1930s executive office building in Valdosta, Georgia, presents a unique investment opportunity. Located at 1006 Slater Street, this 0.2-acre property is zoned Residential/Professional, offering versatile usage potential. The building features a welcoming front porch, a spacious waiting/reception area, four additional office suites (or three suites and a conference room), a full kitchen, ample storage, one full and one half bath, and rear parking. Its proximity to Valdosta State University makes it ideal for off-campus housing or professional services catering to students. The property's adaptable layout is perfect for a salon/spa, professional offices, or even a combination of uses. The building is being sold "as is," providing an opportunity for creative renovation and customization. The property's APN is 0118A 316, and it's situated in Lowndes County, GA, zip code 31601. This is a rare chance to acquire a piece of Valdosta's history with significant upside potential. The asking price is $220,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $269,189
    6.5%
    $248,483
    7%
    $230,734
  • Comparable approach

    Method
    Valuation
    Relative Method
    $121,422
    Geo Method
    $121,422
  • Alternative Use

    Use
    Valuation
    Residential
    $308,118
    Hospitality
    $282,235
    Educational
    $234,816
    Medical
    $242,892
    Retail
    $365,269
1006 Slater St, Valdosta, Georgia

Location Insight

City
Valdosta
County
Lowndes
State
Georgia
Latitude
30.8418
Longitude
-83.283
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
$610
$20,000
$480
$20,480
-
$50,000
$1,200
$51,200

FAQs

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