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    Property profile & analytics

    1609 16th Ave Cordele, GA 31015-5306

    • Drive through restaurants
    • 2,673 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    $1,835,000
    Last Sale
    Mar 03, 2022
    $1,834,188
    Location Intelligence
    Property ID
    US22-2217418
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Taco Bell / Takeout Restaurant / Mexican Restaurant

    Property Details for 1609 16th Ave

    Year built
    2016
    Lot size
    1.01 lot acres
    Property size
    2,673 SF
    Zone code
    COMMERCIAL
    Property type
    Drive through restaurants
    APN
    C32-007
    APU
    C32007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,745,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,980,000
      6.5%
      $1,725,000
      7%
      $2,000,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,070,000
      Geo Method
      $1,920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,095,000
      Retail
      $2,040,000
      Mixed-Use
      $2,000,000
      Hospitality
      $1,780,000
      Educational
      $1,935,000
      Residential Income
      $2,155,000
      Energy
      $2,050,000
      Income-Based Land
      $1,670,000
      Food Service
      $1,975,000

    Location Insight

    • Map
    • Local Demand
    City
    Cordele
    County
    Crisp
    State
    Georgia
    Longitude
    -83.7568
    Latitude
    31.9613
    CBSA code
    18380
    CBSA name
    CORDELE, GA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,840
    $227,946
    $301,217
    $529,163
    -
    $569,864
    $753,043
    $1,322,907

    Comparable in this City

    • Value Estimation by Request
      12,988 SF

      2201 16th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 12,988 SF
      2201 16th Ave, Cordele, GA 31015-5376
      View Details
    • Value Estimation
      $460,000
      2,982 SF

      1401 16th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,982 SF
      1401 16th Ave, Cordele, GA 31015-5163
      View Details
    • Value Estimation
      $210,000
      2,139 SF

      1504 16th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,139 SF
      1504 16th Ave, Cordele, GA 31015-5303
      View Details
    • Value Estimation
      $575,000
      3,275 SF

      1101 16th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,275 SF
      1101 16th Ave, Cordele, GA 31015-1594
      View Details
    • Value Estimation
      $355,000
      1,668 SF

      1405 16th Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,668 SF
      1405 16th Ave, Cordele, GA 31015-5163
      View Details
    • Value Estimation by Request
      1,190 SF

      507 Joe Wright Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,190 SF
      507 Joe Wright Dr, Cordele, GA 31015-2398
      View Details

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    • Contact for pricing
      2,824 SF

      Murphy USA NNN Ground Lease

      Newly constructed Murphy USA with a 20-year absolute NNN lease.
      1305 E 16Th Ave, Cordele, GA 31015
      View Details

    Property Visit Statistics

    • Visits by month
      14.2k
    • Visitors by month
      12.3k
    • Avg Time on site
      16 min
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    1609 16th Ave
    Cordele, GA 31015-5306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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