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Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Manufacturing properties
1540 Washington St, Albany, GA 31701-2069
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-3764945
Property profile
Verified
Property type
Manufacturing properties
Use group
LUMBER & WOOD PRODUCT MFG
Year built
1947
Construction
WOOD
Total area
13,206 SF
Lot
30.51 ac (1,329,016 SF)
Zoning code
M1
APN
000KK/00002/002
UPID
US22-3764945
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
$1.15M
CAP Approach
CAP
$800k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
Complete Resource Management LLC · 3 yrs held
Complete Resource Management LLC
since 2023
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
M1 · Albany, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+199.8%
Office building
$1.2M
+172.6%
Medical building
$1.1M
+161.8%
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
$1,105,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$800,000
7%
$745,000
Alternative Use
Use
Estimation
RESTAURANT
$1,295,000
Change: +200% · Conversion: Difficult
OFFICE BUILDING
$1,180,000
Change: +173% · Conversion: Difficult
MEDICAL BUILDING
$1,130,000
Change: +162% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,120,000
Change: +159% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,095,000
Change: +154% · Conversion: Easy
RETAIL STORES
$925,000
Change: +114% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$910,000
Change: +110% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $1.00M (Mar 15 2023)
Last sale anchor
$1.00M
Mar 15 2023
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
$76 / 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
$13,977
Tax year 2024
Assessed value
$300,000
Assessed 2024
Previous assessed
$300,000
+0.0% YoY
Effective rate
4.66%
On assessed value
Assessed land
$103,720
Assessed improvement
$196,280
Land market value
$259,300
Improvement market value
$490,700
Total market value
$750,000
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
Manufacturing properties
Use group
LUMBER & WOOD PRODUCT MFG
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
7
Total area
13,206 SF
Lot
30.51 ac (1,329,016 SF)
Zoning code
M1
APN
000KK/00002/002
UPID
US22-3764945
Jurisdiction
DOUGHERTY
Zoning & alternative use
M1 · Albany, GA
Zoning M1 · permitted uses
M1 · 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
RESTAURANT
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$925,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$910,000
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1947
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
7
Lot
30.51 ac
Current owner
From public records · entity-resolved
Complete Resource Management LLC
Entity
Mailing address
1701 N WASHINGTON ST, ALBANY, GA 31701-1623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Mar 15, 2023
$1,000,000
Complete Resource Management LLC
D R Walker Enterprises LLC
Quit Claim Deed
$800,000 · Ab&t
Jul 31, 2015
—
Dr Walker Enterprises INC
Albany Flea Market INC
Warranty Deed
—
Apr 13, 2010
—
Albany Flea Market INC
Ms Homecare INC
Deed
—
Oct 31, 2006
$225,000
Ms Homecare INC
Spencer Senkbeil Newton
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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