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Property profile & analytics
OFF-MARKET
Estimated value
$40,150,000
Retail properties & Spaces
1700 Norman Dr Valdosta, GA 31601-7404
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3398726
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1982
Construction
TYPE NOT SPECIFIED
Total area
309,767 SF
Lot
31.5 ac (1,372,140 SF)
Zoning code
C-H
APN
0082C-074
UPID
US22-3398726
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
-
Great American Cookies (Bike/Boat/Book/etc) Store Bakery
-
Fun Factory - Valdosta Mall Arcade & Gaming Center Family Recreation Center
-
ecoATM Cell Phone Store Recycling Center
-
Gold Buyers at the Mall Department Store
-
The Children's Place Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$37.62M
Comparable Approach
Comparable
$49.66M
Blend (final)
Blend
$40.15M
Owner & transaction history
Rcc Valdosta Mall LLC · 1 yrs held
Rcc Valdosta Mall LLC
since 2025
Last sale
$39.6M
5 recorded transactions
Zoning & alternative use
C-H · Valdosta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$55.1M
+21.9%
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
Method
Estimation
Statistic approach
$34,295,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$40,755,000
6.5%
$37,620,000
7%
$34,930,000
Alternative Use
Use
Estimation
RETAIL STORES
$45,225,000
Current use
MEDICAL BUILDING
$55,110,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$40.15M
Range $36.14M – $44.17M · ±10% · vs last sale $39.59M (Apr 1 2025)
Last sale anchor
$39.59M
Apr 1 2025
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
$130 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$405,261
Tax year 2023
Assessed value
$11,992,090
Assessed 2023
Previous assessed
$11,992,090
+0.0% YoY
Effective rate
3.38%
On assessed value
Assessed land
$6,300,000
Assessed improvement
$5,692,090
Land market value
$15,750,000
Improvement market value
$14,230,225
Total market value
$29,980,225
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1982
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
309,767 SF
Lot
31.5 ac (1,372,140 SF)
Zoning code
C-H
APN
0082C-074
UPID
US22-3398726
Jurisdiction
LOWNDES
Zoning & alternative use
C-H · Valdosta, GA
Zoning C-H · permitted uses
C-H · Valdosta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valdosta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$45.2M
MEDICAL BUILDING
Est. value
$55.1M
RETAIL STORES Current
MEDICAL BUILDING
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
1982
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
31.5 ac
Current owner
From public records · entity-resolved
Rcc Valdosta Mall LLC
Entity
Free & Clear · 1 yrs held
Mailing address
900 N MICHIGAN AVE STE #1450, CHICAGO, IL 60611-6550
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
$39,585,000
Rcc Valdosta Mall LLC
Gf Valdosta Mall LLC
Deed
—
Jul 23, 2024
$850,000
Tw Valdosta Norman Dr LLC
Gf Valdosta Mall LLC
Warranty Deed
$1,880,460 · Southpoint Bank
Aug 20, 2018
$1,725,000
Green Acres Of Havana LLC
Gf Valdosta Mall LLC
Limited Warranty Deed
$1,200,000 · The First
Sep 8, 2015
$61,050,000
Gf Valdosta Mall LLC
Marelda Valdosta Mall LLC
Warranty Deed
—
Nov 21, 2005
$46,477,416
Marelda Valdosta Mall LLC
Colonial Realty Limited Pa
Limited Warranty 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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