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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Automotive properties
2251 Knight Ave Waycross, GA 31503-8003
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US22-2223977
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1978
Construction
WOOD
Total area
11,934 SF
Lot
3.29 ac (143,312 SF)
Zoning code
COMMERCIAL
APN
071C-01-015
UPID
US22-2223977
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
-
David's Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
David Varnedore JR · 16 yrs held
David Varnedore JR
since 2009
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Waycross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$795,000
+17.8%
Industrial (general)
$750,000
+11.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$675,000
Current use
WAREHOUSE, STORAGE
$795,000
Change: +18% · Conversion: Easy
INDUSTRIAL (GENERAL)
$750,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$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
$8,194
Tax year 2023
Assessed value
$283,770
Assessed 2023
Previous assessed
$283,770
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$46,060
Assessed improvement
$237,710
Land market value
$115,150
Improvement market value
$594,274
Total market value
$709,424
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
CEILING FURNACE
Buildings
3
Total area
11,934 SF
Lot
3.29 ac (143,312 SF)
Zoning code
COMMERCIAL
APN
071C-01-015
UPID
US22-2223977
Jurisdiction
WARE
Zoning & alternative use
COMMERCIAL · Waycross, GA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$675,000
WAREHOUSE, STORAGE
Est. value
$795,000
INDUSTRIAL (GENERAL)
Est. value
$750,000
AUTO REPAIR, GARAGE Current
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1978
Construction
WOOD
Heating
CEILING FURNACE
Buildings
3
Lot
3.29 ac
Current owner
From public records · entity-resolved
David Varnedore JR
Individual
Mailing address
955 WALDRON RD, DOUGLAS, GA 31535-5133
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2009
$640,000
David Varnedore JR
The Heritage Bank
Deed
$540,000 · The Heritage Bank
—
—
David Varnedore JR.
—
Deed Of Trust
related
$472,261 · Ameris Bank
—
—
David Varnedore JR.
—
Deed Of Trust
related
$472,260 · Ameris Bank
—
—
David Varnedore JR
—
Deed Of Trust
related
$546,804 · Fnb South
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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