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Property profile & analytics
OFF-MARKET
Estimated value
$1,980,000
Strip malls
1705 Norman Dr Valdosta, GA 31601-8413
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-3395242
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Construction
TYPE NOT SPECIFIED
Total area
55,744 SF
Lot
5.5 ac (239,580 SF)
Zoning code
C-H
APN
0084A-050
UPID
US22-3395242
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
-
Geek Squad Tech Support Center (Bike/Boat/Book/etc) Store
-
Shoe Carnival Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
TNT Fireworks Department Store
-
Best Buy Electronics & Wireless Store
-
Books-A-Million (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$1.98M
Owner & transaction history
Mcm Valdosta LLC · 1 yrs held
Mcm Valdosta LLC
since 2025
5 recorded transactions
Zoning & alternative use
C-H · Valdosta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,560,000
Current use
Blend value · Realmo final
$1.98M
Range $1.78M – $2.18M · ±10%
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
$36 / 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
$48,112
Tax year 2023
Assessed value
$1,423,698
Assessed 2023
Previous assessed
$1,200,000
+18.6% YoY
Effective rate
3.38%
On assessed value
Assessed land
$1,100,000
Assessed improvement
$323,698
Land market value
$2,750,000
Improvement market value
$809,245
Total market value
$3,559,245
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
1984
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
55,744 SF
Lot
5.5 ac (239,580 SF)
Zoning code
C-H
APN
0084A-050
UPID
US22-3395242
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1984
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
5.5 ac
Current owner
From public records · entity-resolved
Mcm Valdosta LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 357742, GAINESVILLE, FL 32635-7742
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 25, 2025
—
Mcm Valdosta LLC
230 Beach Street Land Trust
Quitclaim Deed
related
—
Apr 25, 2025
$8,150,000
Mcm Valdosta LLC
230 Beach Street Land Trust
Deed
—
Feb 1, 2022
$7,000,000
Bh Promenade Plaza LLC
Promenade Plaza Of Valdosta LLC
Warranty Deed
$4,571,000 · Trustmark National Bank
Nov 5, 2018
$3,143,887
Thwg Oz LLC
Promenade Plaza Investors LLC
Limited Warranty Deed
—
Dec 20, 2005
$4,350,000
Promenade Plaza Investors LLC
Otr
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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