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Property profile & analytics
OFF-MARKET
Strip malls
1616 Norman Dr Ste A Valdosta, GA 31601-7723
Entity Owned
9-yr Hold
Free & Clear
Property ID
US22-3374122
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
WOOD FRAME
Total area
5,796 SF
Lot
0.54 ac (23,522 SF)
Zoning code
C-C
APN
0084A-005
UPID
US22-3374122
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
-
Horne Rose M MD Physician
-
Medmax Medical Center Physician
-
Sherwin-Williams Paint Store Factory Chemical Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hubert Properties Lllp · 9 yrs held
Hubert Properties Lllp
since 2016
7 recorded transactions
Zoning & alternative use
C-C · Valdosta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Valdosta Land Development Regulations 2 Chapter 202 - Land Use and Zoning General Provisions September 6, 2012 R-P Residential Professional District O-P Office Professional District C-N Neighborhood Commercial District C-C Community Commercial District C-H Highway Commercial District C-D Downtown Commercial District C-A Adult Commercial District M-1 Wholesal…
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
693.38 ac
Source
land development regulations
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 Valdosta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valdosta 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,861
Tax year 2023
Assessed value
$263,837
Assessed 2023
Previous assessed
$263,837
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$137,160
Assessed improvement
$126,677
Land market value
$342,900
Improvement market value
$316,692
Total market value
$659,592
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
5,796 SF
Lot
0.54 ac (23,522 SF)
Zoning code
C-C
APN
0084A-005
UPID
US22-3374122
Jurisdiction
LOWNDES
Zoning & alternative use
C-C · Valdosta, GAZoning C-C · permitted uses
C-C · Valdosta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Valdosta Land Development Regulations 2 Chapter 202 - Land Use and Zoning General Provisions September 6, 2012 R-P Residential Professional District O-P Office Professional District C-N Neighborhood Commercial District C-C Community Commercial District C-H Highway Commercial District C-D Downtown Commercial District C-A Adult Commercial District M-1 Wholesale/Office Industrial District M-2 Manufacturing/Distribution District Section 202-5
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
693.38 ac
Source
land development regulations
Building & site characteristics
From public records
Year built
2008
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Hubert Properties Lllp
Entity
Free & Clear · 9 yrs held
Mailing address
850 KENNESAW AVE NW STE #2, MARIETTA, GA 30060-1095
Ownership since
2016
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
Oct 26, 2016
$1,300,000
Hubert Properties Lllp
Page Webb LLC
Warranty Deed
—
Sep 3, 2014
$675,000
Page Webb LLC
Bnp Of Valdosta LLC
Warranty Deed
$916,800 · Renasant Bank
May 23, 2011
$560,000
Bnp Of Valdosta LLC
Sbatl Real Estate Holdings LLC
Deed
—
May 23, 2011
—
Bnp Of Valdosta LLC
Kyo M Smith
Deed
—
Oct 20, 2010
—
Sbatl Real Estate Holdings LLC
Sunrise Bank
Deed
—
Oct 19, 2009
$484,949
Bank Of Valdosta
Bank Of Valdosta
Foreclosure
related
—
Jan 30, 2008
—
Ferrons 21 Plaza
Hwa Chin Yi
Deed
—
Sep 19, 2007
—
Hwa Yi
Kyo M Smith
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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