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    Property profile & analytics

    216 Walnut S Ave Leesburg, GA 31763-4387

    • Grocery and convenience stores
    • 8,800 SF
    • 0.82 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Last Sale
    Oct 11, 2024
    $450,000
    Location Intelligence
    Property ID
    US22-3692549
    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.

    Current Use by Public Records

    • Leesburg IGA / Grocery Store / Supermarket
    • Nash Engineering & Surveying / Land Surveyor / Engineer
    • Western Union / Money Transfer Service
    • Local Grocery & Butcher Shop / Grocery Store

    Property Details for 216 Walnut S Ave

    Year built
    2004
    Lot size
    0.82 lot acres
    Property size
    8,800 SF
    Zone code
    COMMERCIAL
    Property type
    Grocery and convenience stores
    APN
    037C 006
    APU
    037C006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $515,000
      6.5%
      $570,000
      7%
      $530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $460,000
      Geo Method
      $585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $560,000
      Mixed-Use
      $585,000
      Hospitality
      $520,000
      Educational
      $515,000
      Residential Income
      $430,000
      Energy
      $560,000
      Income-Based Land
      $545,000
      Food Service
      $560,000

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lee
    State
    Georgia
    Longitude
    -84.1727
    Latitude
    31.724
    CBSA code
    10500
    CBSA name
    ALBANY, GA METROPOLITAN 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
    $5,257
    $11,480
    $148,560
    $160,040
    -
    $28,700
    $371,400
    $400,100

    Comparable in this City

    • Value Estimation
      $615,000
      6,084 SF

      1420 Us Hwy 19th S

      CONVENIENCE STORE • 6,084 SF
      1420 Us Hwy 19th S, Leesburg, GA 31763-4834
      View Details
    • Value Estimation
      $400,000
      6,146 SF

      274 Us Hwy 19th S

      CONVENIENCE STORE • 6,146 SF
      274 Us Hwy 19th S, Leesburg, GA 31763
      View Details
    • Value Estimation
      $400,000
      4,010 SF

      1405 Us Hwy 82nd W

      CONVENIENCE STORE • 4,010 SF
      1405 Us Hwy 82nd W, Leesburg, GA 31763-5337
      View Details
    • Value Estimation
      $405,000
      2,400 SF

      106 Walnut S Ave

      CONVENIENCE STORE • 2,400 SF
      106 Walnut S Ave, Leesburg, GA 31763-4391
      View Details
    • Value Estimation
      $285,000
      9,610 SF

      242 Walnut S Ave

      GROCERY, SUPERMARKET • 9,610 SF
      242 Walnut S Ave, Leesburg, GA 31763-4387
      View Details
    • Value Estimation by Request
      2,000 SF

      250 Walnut S Ave

      CONVENIENCE STORE • 2,000 SF
      250 Walnut S Ave, Leesburg, GA 31763-4387
      View Details

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      Class A retail/office building on 1.54 acres in Leesburg, GA.
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    Similar Nearby for Lease

    • Contact for pricing
      3,930 SF

      Retail Space in Leesburg, GA

      Retail space available for lease in Leesburg, Georgia.
      101 Lane Dr, Leesburg, GA 31763
      View Details
    • Contact for pricing

      Retail Space on US Highway

      Retail space available for rent on US Highway 19 S.
      Leesburg, GA 31763
      View Details
    • $850 /Mo
      43,560 SF

      Executive Office Suite For Lease

      Private, flexible workspace in a prime location with all-inclusive pricing.
      1501 S Us Highway 19 S, Leesburg, GA 31763
      View Details
    • $800 /Mo
      43,560 SF

      Leesburg GA Executive Office Suite

      Executive office suite for lease in Leesburg, GA.
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      View Details
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    Leesburg, GA 31763-4387
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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