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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Warehouses
2165 Industrial Blvd Waycross, GA 31503-6976
Individually Owned
3-yr Hold
Free & Clear
Property ID
US22-2146788
Property summary
AI-generated overview
This expansive Waycross, Georgia warehouse boasts 32,192 square feet of space on an 8.35-acre lot, zoned A. The property features 15-20 ft ceilings, 25 parking spaces, and convenient railside access. Two existing rooms (2,964 and 2,209 sq ft) offer thick insulated walls, ideal for temperature-controlled storage. Recent improvements include a new roof on most of the building and LED lighting installation in many areas. The property includes approximately 900 feet of frontage on Industrial Blvd (2165) and offers high-speed fiber optic internet access. Public water and sewer are available, along with three-phase electric. The building has offices with a public entrance. Detailed diagrams are available upon request. Most of the property is outside of a FEMA flood zone
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Construction
CONCRETE
Total area
32,192 SF
Lot
8.35 ac (363,726 SF)
Zoning code
INDUSTRIAL
APN
050-01-019
UPID
US22-2146788
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
-
S & L Sales Company Inc. Big Box & Wholesale Store Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$826k
Blend (final)
Blend
$750k
Owner & transaction history
Tina P Simpson · 3 yrs held
Tina P Simpson
since 2022
1 recorded transaction
Zoning & alternative use
INDUSTRIAL · 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
by Request
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,210,000
Current use
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$23 / 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
$1,801
Tax year 2023
Assessed value
$62,348
Assessed 2023
Previous assessed
$62,348
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$16,700
Assessed improvement
$45,648
Land market value
$41,750
Improvement market value
$114,120
Total market value
$155,870
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1964
Construction
CONCRETE
Heating
NONE
Total area
32,192 SF
Lot
8.35 ac (363,726 SF)
Zoning code
INDUSTRIAL
APN
050-01-019
UPID
US22-2146788
Jurisdiction
WARE
Zoning & alternative use
INDUSTRIAL · Waycross, GAZoning INDUSTRIAL · permitted uses
INDUSTRIAL · Waycross, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.2M
WAREHOUSE, STORAGE 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
1964
Construction
CONCRETE
Heating
NONE
Lot
8.35 ac
Current owner
From public records · entity-resolved
Tina P Simpson
Individual
Free & Clear · 3 yrs held
Mailing address
PO BOX 2067, WAYCROSS, GA 31502-2067
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2022
—
Tina P Simpson
Dorothy J Perritt
Administrators 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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