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Listed price in listed location currency (USD).
$799,000

0040

MLS® 146826

Overview

Key Facts

Type Other
Levels Commercial Sale
Size 6216 sqft
Garage No
Maintenance Fees 
Taxes $9,022
Days Active 196
Approx. Age 2005
Avg. Price Per Sqft $128
MLS® Number 146826

Property Address: 415-411-415 Cowart Ave, Valdosta, GA, 31602-2648

Average square foot calculated using Size range provided by listing agent.

Description

Stabilized Multi-Tenant Office Investment | 620 SF Suites | Individually Metered | 8% Cap Rate | Near SGMC & Moody AFB Located just steps from SGMC Health, Azalea Business Center at 411–415 Cowart Avenue is a stabilized two-building, 10-suite multi-tenant office property in the heart of Valdosta's strongest professional corridors. Each 620 SF suite features two private offices, large reception/waiting area, break room, storage, and private restroom. Plenty of parking, easy in & out and each unit is individually metered for utilities, allowing tenants to be billed directly and keeping ownership expenses low. The property is anchored by long-term tenants paying $795/month ($15+/SF), and combined with a 30% operating expense ratio gives an 8.35% proforma cap rate. Current tenants include salons, tax preparers, financial professionals, and service-oriented businesses, creating strong tenant synergy and occupancy stability. Ideal for both investors and owner-users, with the ability to occupy one or more suites while enjoying reliable income from an established tenant base. Major regional demand generators—including SGMC Health, Moody Air Force Base, Valdosta State University, and the area's expanding logistics and retail hubs—continue to drive strong need for small, affordable professional office suites, while limited supply makes this property a rare find. Rent roll and historical financials available to qualified prospects.
MLS® Number146826
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2005
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 15, 2025List Date
$799,000List Price

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