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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Distribution centers
1208 Moultrie Rd Albany, GA 31705-4132
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3401431
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1988
Construction
STEEL FRAME
Total area
60,110 SF
Lot
77.98 ac (3,396,809 SF)
Zoning code
M1
APN
00227/00000/005
UPID
US22-3401431
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
-
Albany Beverage Co Big Box & Wholesale Store Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.62M
Comparable Approach
Comparable
$3.13M
Blend (final)
Blend
$945k
Owner & transaction history
Pirrung LLC · 4 yrs held
Pirrung LLC
since 2021
1 recorded transaction
Zoning & alternative use
M1 · Albany, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
TITLE II
Top alternative use upside
Medical building
$5.5M
+202.2%
Commercial (general)
$5.4M
+197.1%
Retail stores
$4.8M
+163.0%
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%
$5,005,000
6.5%
$4,620,000
7%
$4,290,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,535,000
Change: +202% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,440,000
Change: +197% · Conversion: Difficult
RETAIL STORES
$4,815,000
Change: +163% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,695,000
Change: +156% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,685,000
Change: +156% · Conversion: Moderate
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10%
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
$16 / 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
$44,633
Tax year 2024
Assessed value
$965,360
Assessed 2024
Previous assessed
$965,360
+0.0% YoY
Effective rate
4.62%
On assessed value
Assessed land
$155,960
Assessed improvement
$809,400
Land market value
$389,900
Improvement market value
$2,023,500
Total market value
$2,413,400
Applied tax rate
2.0000
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
1988
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.CHILLED WATER
Stories
1
Total area
60,110 SF
Lot
77.98 ac (3,396,809 SF)
Zoning code
M1
APN
00227/00000/005
UPID
US22-3401431
Jurisdiction
DOUGHERTY
Zoning & alternative use
M1 · Albany, GAZoning M1 · permitted uses
M1 · Albany, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
TITLE II
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$5.4M
RETAIL STORES
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1988
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
77.98 ac
Current owner
From public records · entity-resolved
Pirrung LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5000 INDUSTRIAL CT SE, ATLANTA, GA 30339
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2021
—
Pirrung LLC
C Mark Pirrung
Quit Claim Deed
related
—
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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