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Property profile & analytics
FOR SALE
Retail space
2250 Brunswick Hwy Waycross, GA 31503
Individually Owned
2-yr Hold
Free & Clear
Property ID
US22-2567884
For Sale
1 / 4
$2,100,000
2250 Brunswick Hwy, Waycross, GA 31503
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Construction
STEEL FRAME
Total area
24,116 SF
Lot
1.85 ac (80,586 SF)
Zoning code
6
APN
WA24-04-002
UPID
US22-2567884
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
-
Staples Print & Marketing Services (Bike/Boat/Book/etc) Store Printing Service
-
The Kake Tree Bakery Specialty Food Shop
-
Shirl’s Hair World Cosmetic Store Big Box & Wholesale Store
-
Mariachis en Waycross Music Venue Theater & Performing Art Venue
-
Staples (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
Terry W Luke · 2 yrs held
Terry W Luke
since 2024
Last sale
$1.2M
3 recorded transactions
Zoning & alternative use
6 · 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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (May 31 2024)
Last sale anchor
$1.20M
May 31 2024
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
$50 / 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
$8,399
Tax year 2023
Assessed value
$531,784
Assessed 2023
Previous assessed
$531,784
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$128,938
Assessed improvement
$402,846
Land market value
$322,344
Improvement market value
$1,007,115
Total market value
$1,329,459
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1999
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Total area
24,116 SF
Lot
1.85 ac (80,586 SF)
Zoning code
6
APN
WA24-04-002
UPID
US22-2567884
Jurisdiction
WARE
Zoning & alternative use
6 · Waycross, GA
Zoning 6 · permitted uses
6 · Waycross, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waycross. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
6
Lot
1.85 ac
Current owner
From public records · entity-resolved
Terry W Luke
Individual
Free & Clear · 2 yrs held
Mailing address
GA
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
$1,200,000
Terry W Luke
Georgia Theatre Co 2
Warranty Deed
—
Oct 17, 2022
$1,550,000
Georgia Theatre Co II
Rcg Waycross Mall LLC
Warranty Deed
—
Aug 5, 2014
$8,400,000
Wbcmt 2004-c12 Mall Of Waycross L
Kolb Wheeler & Walters At Wayc
Trustees Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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