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    196 Virginia S Ave Tifton, GA 31794-8073
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    Property profile & analytics

    196 Virginia S Ave Tifton, GA 31794-8073


    • Motels
    • 31,083 SF
    • 1.82 lot acres
    Off-Market
    Last Sale Sep 20, 2023
    $3,890,000
    Property ID
    US22-3259436
    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.

    Value Estimations
    $3,905,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Staples / (Bike/Boat/Book/etc) Store
    • Staples Print & Marketing Services / (Bike/Boat/Book/etc) Store / Printing Service
    • UPS Alliance Shipping Partner / Courier Service / Postal Service
    • Innovative Tax Solutions / Accounting Firm / Tax Preparation

    Property Details for 196 Virginia S Ave

    Year built
    2000
    Lot size
    1.82 lot acres
    Property size
    31,083 SF
    Property type
    Motels
    APN
    T018-046
    APU
    T018046

    Description

    This 82-key Microtel Inn & Suites by Wyndham in Tifton, Georgia, presents a compelling investment opportunity. Priced at $4,850,000, this three-story, interior-corridor hotel boasts a prime location just off Interstate I-75, offering convenient access for travelers. Situated on a 1.82-acre lot, the property is approximately two miles from downtown Tifton and within close proximity to several key attractions. These include the Georgia Museum of Agriculture and Historic Village, the Tift Theatre, and the Tifton Museum of Arts and Heritage, all within a two-mile radius. Furthermore, the hotel benefits from its proximity to Tift Regional Medical Center (four miles), Abraham Baldwin Agricultural College (three miles), and Tifton Municipal Airport (four miles), catering to a diverse range of clientele. Tifton's status as an agricultural hub ensures consistent business travel, further enhancing the property's revenue potential. Built in 2000, the hotel has undergone significant capital improvements and is offered with bank financing available. The seller has invested substantially in renovations, ensuring the property is well-maintained and ready for continued success. This represents a strong investment in a thriving location with excellent access to major transportation routes and local amenities. The property's strategic location and recent improvements make it an attractive option for investors seeking a profitable hospitality venture in a dynamic market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,930,000
      ML approach
      $4,220,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $4,440,000
      RESTAURANT
      $3,985,000
      OFFICE BUILDING
      $3,630,000
      AUTO REPAIR, GARAGE
      $3,335,000
      RETAIL STORES
      $2,915,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tifton
    County
    Tift
    State
    Georgia
    Longitude
    -83.5295
    Latitude
    31.4521
    CBSA code
    45700
    CBSA name
    TIFTON, 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
    $23,559
    $72,800
    $553,334
    $626,134
    -
    $182,000
    $1,383,334
    $1,565,334
    More about this property
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