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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Outlet malls
2400 Sylvester Hwy Albany, GA 31705-2469
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-3008516
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1998
Construction
STEEL FRAME
Total area
11,200 SF
Lot
1.61 ac (70,132 SF)
Zoning code
C3
APN
0000J/00027/001
UPID
US22-3008516
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.21M
Owner & transaction history
Tiffany Blue Properties LLC · 4 yrs held
Tiffany Blue Properties LLC
since 2022
Last sale
$1.6M
4 recorded transactions
Zoning & alternative use
C3 · Albany, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+41.6%
Medical building
$1.0M
+14.9%
Commercial (general)
$1.0M
+13.0%
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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
$1,145,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
$1,405,000
6.5%
$1,295,000
7%
$1,205,000
Alternative Use
Use
Estimation
RETAIL STORES
$895,000
Current use
OFFICE BUILDING
$1,270,000
Change: +42% · Conversion: Easy
MEDICAL BUILDING
$1,030,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,015,000
Change: +13% · Conversion: Easy
AUTO REPAIR, GARAGE
$875,000
Change: -3% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$875,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10% · vs last sale $1.62M (Feb 8 2022)
Last sale anchor
$1.62M
Feb 8 2022
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
$108 / 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
$19,129
Tax year 2023
Assessed value
$416,240
Assessed 2023
Previous assessed
$416,240
+0.0% YoY
Effective rate
4.60%
On assessed value
Assessed land
$173,880
Assessed improvement
$242,360
Land market value
$434,700
Improvement market value
$605,900
Total market value
$1,040,600
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Rooms
3
Total area
11,200 SF
Lot
1.61 ac (70,132 SF)
Zoning code
C3
APN
0000J/00027/001
UPID
US22-3008516
Jurisdiction
DOUGHERTY
Zoning & alternative use
C3 · Albany, GA
Zoning C3 · permitted uses
C3 · Albany, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Albany. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$895,000
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$875,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$875,000
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1998
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Rooms
3
Lot
1.61 ac
Current owner
From public records · entity-resolved
Tiffany Blue Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 1545, BROOKLET, GA 30415-1545
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2022
—
Tiffany Blue Properties LLC
—
Deed
related
$925,000 · Pinnacle Bank
Feb 8, 2022
$1,624,032
Tiffany Blue Properties LLC
Highland Assett Sylvester LLC
Warranty Deed
—
Jun 15, 2020
—
Highland Assett Sylvester LLC
Columbia Eck Cca Group LLC
Warranty Deed
—
Jun 15, 2020
$565,000
Highland Asset Sylvester LLC
Columbia Eck Cca Group LLC
Warranty Deed
$800,000 · First Bank Of Alabama
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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