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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Manufacturing properties
120 Pne Ave Albany, GA 31701-2529
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-3162027
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1931
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,808 SF
Lot
1 ac (43,560 SF)
Zoning code
C2
APN
0N101/00001/002
UPID
US22-3162027
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
Current use
Occupant on record · Public records
-
Pretoria Fields Production Facility Brewery & Distillery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$830k
Owner & transaction history
Albany City Downtown Development Au
Albany City Downtown Development Au
since 2025
Last sale
$820,000
7 recorded transactions
Zoning & alternative use
C2 · Albany, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+114.4%
Neighborhood: shopping center
$1.2M
+110.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,105,000
6.5%
$1,020,000
7%
$945,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$550,000
Current use
RETAIL STORES
$1,180,000
Change: +114% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,155,000
Change: +110% · Conversion: Difficult
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $820k (Dec 19 2025)
Last sale anchor
$820k
Dec 19 2025
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
$49 / 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
Assessed value
$583,000
Assessed 2024
Previous assessed
$583,000
+0.0% YoY
Assessed land
$47,320
Assessed improvement
$535,680
Land market value
$118,300
Improvement market value
$1,339,200
Total market value
$1,457,500
Applied tax rate
6.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1931
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
16,808 SF
Lot
1 ac (43,560 SF)
Zoning code
C2
APN
0N101/00001/002
UPID
US22-3162027
Jurisdiction
DOUGHERTY
Zoning & alternative use
C2 · Albany, GA
Zoning C2 · permitted uses
C2 · Albany, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Albany. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$550,000
RETAIL STORES
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1931
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
1 ac
Current owner
From public records · entity-resolved
Albany City Downtown Development Au
Entity
Mailing address
2300 DAWSON RD, ALBANY, GA 31707-2803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2025
—
Albany City Downtown Development Au
Southwest Georgia Farm Credit Aca
Quitclaim Deed
related
—
Dec 19, 2025
$820,000
Albany City Downtown Development Au
Southwest Georgia Farm Credit Aca
Warranty Deed
—
Apr 28, 2025
—
Southwest Georgia Farm Credit Aca
Pretoria Fields LLC
Warranty Deed
—
Aug 18, 2023
—
Pretoria Fields LLC
—
Deed
related
$1,052,240 · Act! Albany Community Together!
Jan 3, 2018
—
Pretoria Fields LLC
—
Deed
related
$250,000 · Downtown Dev Authority Of Albany Georgia
Nov 22, 2016
—
Pretoria Fields LLC
—
Deed
related
$2,708,590 · City Of Albany
Nov 8, 2016
—
Pretoria Fields LLC
—
Deed
related
$2,708,590 · Southwest Georgia Farm Credit
Nov 30, 2015
$120,000
Pretoria Fields LLC
Gray Publishing LLC
Warranty Deed
—
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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