Listed by Coldwell Banker Commercial Premier Real Estate
$785,000
411-415 Cowart Avenue
Details
APN 0114A 168; 0114A 169
Property Type Special Purpose
Sub Type Other
Square Footage 6,216
Cap Rate 8.50%
Occupancy 90%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 8.50%
Pro-Forma NOI $66,780
Class B
Year Built 2005
Buildings 2
Stories 1
Lot Size (SqFt) 25,395
Zoning C-H
Parking Spaces 40 spaces
Parking Per SqFt 6.44
Investment Type Stabilized
Ground Lease No
Stabilized and value add opportunity
Marketing description
Stabilized Multi-Tenant Office Investment | 620 SF Suites | Individually Metered | 8.5% 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 8.5% 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.
Investment highlights
- Tax Amount: 9022.00
- Tax Year: 2025
- Location: Professional Center
- Road: Paved
- Access: City Road
- Construction: Brick Veneer, Frame, Vinyl Siding
- Roof: Shingle
- Water: Public
- Sewer: Public Sewer
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Electricity: Other-See Remarks
- Windows: Thermopane
- Interior Features: Private Restrooms
Listing Contacts
Listed by Coldwell Banker Commercial Premier Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Brokerage Address
Name
License
Brokerage Phone
Is there information that looks off?








































































































