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    Property profile & analytics

    2202 Martin Luther King Jr Dr Albany, GA 31701-4111

    • Grocery and convenience stores
    • 2,080 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 06, 2021
    Location Intelligence
    Property ID
    US22-3517653
    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

    • Grocery and convenience stores

    Property Details for 2202 Martin Luther King Jr Dr

    Year built
    1954
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.61 lot acres
    Property size
    2,080 SF
    Zone code
    C1
    Property type
    Grocery and convenience stores
    APN
    000BB/00018/190
    APU
    000BB00018190

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Dougherty
    State
    Georgia
    Longitude
    -84.1549
    Latitude
    31.5462
    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
    $848
    $7,320
    $10,880
    $18,200
    -
    $18,300
    $27,200
    $45,500

    Comparable in this City

    • Value Estimation by Request
      1,922 SF

      1400 Palmyra Rd

      CONVENIENCE STORE • 1,922 SF
      1400 Palmyra Rd, Albany, GA 31701-1868
      View Details
    • Value Estimation by Request
      3,220 SF

      417 Washington St

      CONVENIENCE STORE • 3,220 SF
      417 Washington St, Albany, GA 31701-2344
      View Details
    • Value Estimation
      $1,575,000
      4,000 SF

      713 Slappey Blvd

      CONVENIENCE STORE (W/FUEL PUMP) • 4,000 SF
      713 Slappey Blvd, Albany, GA 31701-2613
      View Details
    • Value Estimation
      $430,000
      3,825 SF

      418 Slappey Blvd

      CONVENIENCE STORE (W/FUEL PUMP) • 3,825 SF
      418 Slappey Blvd, Albany, GA 31701
      View Details
    • Value Estimation by Request
      780 SF

      715 Madison St

      CONVENIENCE STORE • 780 SF
      715 Madison St, Albany, GA 31701-3155
      View Details
    • Value Estimation
      $1,885,000
      4,628 SF

      1500 Slappey Blvd

      CONVENIENCE STORE (W/FUEL PUMP) • 4,628 SF
      1500 Slappey Blvd, Albany, GA 31701-1430
      View Details

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      Albany Tire Shop For Sale

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    Similar Nearby for Lease

    • $4,500 /Mo
      Pending

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      Freestanding commercial building with high traffic and redevelopment potential.
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    • $8 SF/Yr
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      Former Walgreens Retail Space

      Sublease opportunity in Albany, GA, 14,820 SF former Walgreens.
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    • Contact for pricing
      3,757 SF

      Retail Space on Slappey Blvd

      Retail space for rent with excellent visibility and access.
      2220-2310 N Slappey Blvd, Albany, GA 31701
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    • Contact for pricing
      12,000 SF

      Retail Space in Albany, GA

      Retail spaces available in high-traffic Albany location.
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    • $16 SF/Yr

      Retail Space Available Immediately

      Retail space for rent, available immediately.
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    • New
      $1,000 /Mo
      17,860 SF

      Renovated Flex Spaces For Lease

      Affordable, renovated flex spaces in a high-traffic Albany corridor.
      100 Slappey Blvd, Albany, GA 31701
      View Details
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    Albany, GA 31701-4111
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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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