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    Property profile & analytics

    224 Richey Ln Douglas, GA 31535-5916

    • Office Properties & Spaces
    • 1,014 SF
    • 5.90 lot acres
    OFF-MARKET
    Value Estimation
    $55,000
    Last Sale
    Jun 02, 2023
    $70,000
    Location Intelligence
    Property ID
    US22-3442428
    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

    • Office Properties & Spaces

    Property Details for 224 Richey Ln

    Year built
    1900
    Construction
    WOOD
    Lot size
    5.90 lot acres
    Property size
    1,014 SF
    Zone code
    DOUG
    Property type
    Office Properties & Spaces
    APN
    0099 - -127
    APU
    99127

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Douglas
    County
    Coffee
    State
    Georgia
    Longitude
    -82.8719
    Latitude
    31.4807
    CBSA code
    20060
    CBSA name
    DOUGLAS, 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
    2024
    $818
    $23,600
    $10,022
    $33,622
    -
    $59,000
    $25,056
    $84,056

    Comparable in this City

    • Value Estimation
      $255,000
      3,360 SF

      Hwy 441

      OFFICE (GENERAL) • 3,360 SF
      Hwy 441, Douglas, GA 31535
      View Details
    • Value Estimation
      $640,000
      1,820 SF

      112 Pinecrest Dr

      OFFICE (GENERAL) • 1,820 SF
      112 Pinecrest Dr, Douglas, GA 31535-5032
      View Details
    • Value Estimation
      $560,000
      2,090 SF

      750 Sinkhole Rd

      OFFICE (GENERAL) • 2,090 SF
      750 Sinkhole Rd, Douglas, GA 31535-1174
      View Details
    • Value Estimation
      $260,000
      3,735 SF

      2726 Us Hwy 441st S

      OFFICE (GENERAL) • 3,735 SF
      2726 Us Hwy 441st S, Douglas, GA 31535-4034
      View Details
    • Value Estimation
      $395,000
      360 SF

      1701 Peterson S Ave

      OFFICE (GENERAL) • 360 SF
      1701 Peterson S Ave, Douglas, GA 31535-4005
      View Details
    • Value Estimation
      $690,000
      2,800 SF

      Douglas, GA 31535

      OFFICE (GENERAL) • 2,800 SF
      Douglas, GA 31535
      View Details

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    Douglas, GA 31535-5916
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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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