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    Property profile & analytics

    278 Norman Dr Valdosta, GA 31601-5100

    • Outlet malls
    • 56,600 SF
    • 6.44 lot acres
    OFF-MARKET
    Value Estimation
    $4,405,000
    Last Sale
    Aug 01, 2021
    $4,500,000
    Location Intelligence
    Property ID
    US22-3753725
    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

    • Ashley Store / Sofa Store / Lighting Store

    Property Details for 278 Norman Dr

    Year built
    2012
    Construction
    CONCRETE
    Lot size
    6.44 lot acres
    Property size
    56,600 SF
    Zone code
    C-H
    Property type
    Outlet malls
    APN
    0086C-029
    APU
    0086C029

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,835,000
      6.5%
      $4,290,000
      7%
      $4,870,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,740,000
      Geo Method
      $4,510,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,905,000
      Retail
      $4,410,000
      Mixed-Use
      $3,790,000
      Hospitality
      $4,615,000
      Educational
      $4,435,000
      Residential Income
      $4,220,000
      Energy
      $3,720,000
      Income-Based Land
      $4,515,000
      Food Service
      $4,580,000

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.3184
    Latitude
    30.8243
    CBSA code
    46660
    CBSA name
    VALDOSTA, GA METROPOLITAN 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
    2023
    $47,263
    $614,172
    $972,209
    $1,586,381
    -
    $1,535,430
    $2,430,522
    $3,965,952

    Comparable in this City

    • Value Estimation by Request
      5,520 SF

      528 Patterson St

      WHOLESALE OUTLET, DISCOUNT STORE • 5,520 SF
      528 Patterson St, Valdosta, GA 31601-6062
      View Details
    • Value Estimation
      $305,000
      7,056 SF

      107 Saint Augustine Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 7,056 SF
      107 Saint Augustine Rd, Valdosta, GA 31601-5225
      View Details
    • Value Estimation
      $460,000
      6,328 SF

      Lee St

      WHOLESALE OUTLET, DISCOUNT STORE • 6,328 SF
      Lee St, Valdosta, GA 31601
      View Details
    • Value Estimation
      $350,000
      11,280 SF

      1221 Madison Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 11,280 SF
      1221 Madison Hwy, Valdosta, GA 31601-6094
      View Details
    • Value Estimation
      $300,000
      14,935 SF

      2908 Us Hwy 84th W

      WHOLESALE OUTLET, DISCOUNT STORE • 14,935 SF
      2908 Us Hwy 84th W, Valdosta, GA 31601-0303
      View Details
    • Value Estimation
      $885,000
      8,500 SF

      512 Central Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 8,500 SF
      512 Central Ave, Valdosta, GA 31601-5811
      View Details

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      High-visibility commercial property in Remerton's retail district near Valdosta.
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    Similar Nearby for Lease

    • Contact for pricing
      2,800 SF

      Valdosta Retail Space For Lease

      Retail spaces available in high-traffic Valdosta shopping center.
      1709-1729 Norman Dr, Valdosta, GA 31601
      View Details
    • Contact for pricing
      49,800 SF

      Valdosta Warehouse: 50,000 SF

      Large warehouse, ideal for distribution.
      1617 James P Rodgers Dr, Valdosta, GA 31601
      View Details
    • $5,500 /Mo
      5,392 SF

      Restaurant Space Near I-75

      Former restaurant space with high traffic and ample parking.
      1830 Hill Ave, Valdosta, GA 31601
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    • Contact for pricing
      1,200 SF

      Retail Space on Saint Augustine

      Retail space available for lease on Saint Augustine Road.
      950-986 Saint Augustine Rd, Valdosta, GA 31601
      View Details
    • Contact for pricing
      4,800 SF

      Valdosta Retail Space: 4,800 SF

      Prime Downtown Valdosta retail space, 4,800 sq ft, ample parking.
      410 Oak St, Valdosta, GA 31601
      View Details
    • Contact for pricing
      1,608 SF

      Downtown Valdosta Storefront Opportunity

      Versatile 1,608 SF space ideal for retail or office.
      116 Patterson St, Valdosta, GA 31601
      View Details

    Property Visit Statistics

    • Visits by month
      1.5k
    • Visitors by month
      1.7k
    • Avg Time on site
      49 min
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    278 Norman Dr
    Valdosta, GA 31601-5100
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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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