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Property profile & analytics
OFF-MARKET
Estimated value
$75,000
Distribution centers
1013 Oglethorpe Blvd Albany, GA 31701
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-3261724
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1949
Construction
STEEL FRAME
Total area
4,480 SF
Lot
0.38 ac (16,553 SF)
Zoning code
C3
APN
000DD/00004/008
UPID
US22-3261724
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$115k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$75k
Owner & transaction history
Scott Thomas Erickson · 5 yrs held
Scott Thomas Erickson
since 2021
Last sale
$100,000
4 recorded transactions
Zoning & alternative use
C3 · Albany, GA
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$75,000
ML approach
$115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$75k
Range $68k – $83k · ±10% · vs last sale $100k (Jul 29 2021)
Last sale anchor
$100k
Jul 29 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$17 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,551
Tax year 2024
Assessed value
$33,280
Assessed 2024
Previous assessed
$33,280
+0.0% YoY
Effective rate
4.66%
On assessed value
Assessed land
$12,400
Assessed improvement
$20,880
Land market value
$31,000
Improvement market value
$52,200
Total market value
$83,200
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1949
Construction
STEEL FRAME
Heating
YES
Cooling
NONE
Stories
1
Rooms
2
Total area
4,480 SF
Lot
0.38 ac (16,553 SF)
Zoning code
C3
APN
000DD/00004/008
UPID
US22-3261724
Jurisdiction
DOUGHERTY
Zoning & alternative use
C3 · Albany, GAZoning C3 · permitted uses
C3 · Albany, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
TITLE II
Building & site characteristics
From public records
Year built
1949
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Scott Thomas Erickson
Individual
Mailing address
707 7TH AVE, ALBANY, GA 31701-1861
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2024
—
Thomas Erickson Scott
—
Deed
related
$182,041 · Georgia Community Bank
Jul 29, 2021
$100,000
Scott Thomas Erickson
Kenneth C Apperson
Warranty Deed
$204,402 · Georgia Community Bank
Apr 21, 2017
—
Kenneth C Apperson
—
Deed
related
$80,000 · Wells Fargo Bank NA
Mar 14, 2014
$100,000
Kenneth C Apperson
Donald T Parr
Warranty Deed
$88,347 · Trust Co Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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