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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Grocery and convenience stores
2418 Sylvester Hwy Albany, GA 31705-2468
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-3412826
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1996
Construction
STEEL FRAME
Total area
47,965 SF
Lot
9.67 ac (421,225 SF)
Zoning code
C1
APN
0000J/00020/005
UPID
US22-3412826
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
$1.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$1.61M
Owner & transaction history
2020 Albany LLC · 5 yrs held
2020 Albany LLC
since 2020
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
C1 · Albany, 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 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
$1,200,000
ML approach
$1,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±10% · vs last sale $1.08M (Aug 31 2020)
Last sale anchor
$1.08M
Aug 31 2020
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
$33 / 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
$20,593
Tax year 2023
Assessed value
$520,000
Assessed 2023
Previous assessed
$520,000
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$211,520
Assessed improvement
$308,480
Land market value
$528,800
Improvement market value
$771,200
Total market value
$1,300,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
47,965 SF
Lot
9.67 ac (421,225 SF)
Zoning code
C1
APN
0000J/00020/005
UPID
US22-3412826
Jurisdiction
DOUGHERTY
Zoning & alternative use
C1 · Albany, GA
Zoning C1 · permitted uses
C1 · 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.
Building & site characteristics
From public records
Year built
1996
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
9.67 ac
Current owner
From public records · entity-resolved
2020 Albany LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1134 GAVINWOOD PL, DECATUR, GA 30033-3780
Ownership since
2020
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
Mar 23, 2026
—
Albany Center LLC
—
Deed
related
$1,750,000 · Hometrust Bank
Sep 2, 2020
—
2020 Albany LLC
—
Deed
related
$1,326,000 · Synovus Bank
Aug 31, 2020
$1,075,000
2020 Albany LLC
Margules Family Partnership LP
Limited Warranty Deed
—
Jul 25, 2008
$4,700,000
Margules Fam Partnership LP
Wesberg Exchange Services
Deed
—
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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