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Property profile & analytics
FOR SALE
Motels
1725 Memorial Dr Waycross, GA 31501
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-2580877
For Sale
1 / 18
$2,900,000
1725 Memorial Dr, Waycross, GA 31501
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1963
Total area
14,494 SF
Lot
4.89 ac (213,008 SF)
Zoning code
COMMERCIAL
APN
WA18-01-001
UPID
US22-2580877
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
-
Quality Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.00M
Owner & transaction history
Wawa Southeast LLC · 2 yrs held
Wawa Southeast LLC
since 2024
Last sale
$3.0M
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Waycross, 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 Waycross submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waycross 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
$3,000,000
ML approach
$3,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.00M (May 6 2024)
Last sale anchor
$3.00M
May 6 2024
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
$207 / 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
$38,832
Tax year 2023
Assessed value
$1,145,081
Assessed 2023
Previous assessed
$1,145,081
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$426,016
Assessed improvement
$719,065
Land market value
$1,065,040
Improvement market value
$1,797,662
Total market value
$2,862,702
Applied tax rate
2.0000
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
Motels
Use group
MOTEL
Status
For Sale
Year built
1963
Heating
CENTRAL
Cooling
CENTRAL
Buildings
10
Total area
14,494 SF
Lot
4.89 ac (213,008 SF)
Zoning code
COMMERCIAL
APN
WA18-01-001
UPID
US22-2580877
Jurisdiction
WARE
Zoning & alternative use
COMMERCIAL · Waycross, GAZoning COMMERCIAL · permitted uses
COMMERCIAL · Waycross, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Heating
CENTRAL
Cooling
Yes
Buildings
10
Lot
4.89 ac
Current owner
From public records · entity-resolved
Wawa Southeast LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1725 MEMORIAL DR, WAYCROSS, GA 31501-1043
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2024
$3,000,000
Wawa Southeast LLC
Silpa Corp
Warranty Deed
—
Mar 27, 2020
—
Silpa Corp
—
Deed
related
$1,735,358 · Primesouth Bk
—
—
Silpa Corp
—
Loan Modification
related
$1,735,358 · Primesouth Bk
—
—
Silpa Corp
—
Deed Of Trust
related
$2,009,900 · Primesouth Bk/waycross
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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