Property profile

1602 16th Ave Cordele, GA 31015

OFF-MARKET
Motels
Property ID
US22-0528368
24,677 SF 1.93 ac lot Built 1973
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1973
Total area 24,677 SF
Lot 1.93 ac (84,071 SF)
Zoning code GC
APN C32-046
UPID US22-0528368

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility
  • Hotel & Motel
  • Hotel & Motel

Location

1602 16th Ave Cordele, GA 31015-5305
Cordele metro Census 10400 CORDELE, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$670k

Owner & transaction history

since 2018
2 recorded transactions
2018
$725,000
2005
$775,000

Zoning & alternative use

GC · Cordele, GA
Zoning description

The intent of this district is to provide a commercial district designed to serve the community at-large consisting of a wide variety of sales and service facilities and locations that will be accessible to all shoppers,…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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