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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Motels
2809 Nottingham Way Albany, GA 31707-1284
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US22-3364588
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2007
Construction
STEEL FRAME
Total area
37,158 SF
Lot
1.84 ac (80,150 SF)
Zoning code
C2
APN
0000S/00004/01B
UPID
US22-3364588
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
-
Extended stay Hotel & Motel
-
Country Inn & Suites by Radisson, Albany, GA Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.55M
Owner & transaction history
Sagu LLC · 19 yrs held
Sagu LLC
since 2007
2 recorded transactions
Zoning & alternative use
C2 · Albany, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.6M
+111.9%
Medical building
$2.5M
+109.5%
Commercial (general)
$2.5M
+108.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,630,000
6.5%
$1,505,000
7%
$1,400,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,210,000
Current use
AUTO REPAIR, GARAGE
$2,565,000
Change: +112% · Conversion: Difficult
MEDICAL BUILDING
$2,535,000
Change: +109% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,520,000
Change: +108% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±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
$42 / 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
$57,399
Tax year 2023
Assessed value
$1,232,000
Assessed 2023
Previous assessed
$1,232,000
+0.0% YoY
Effective rate
4.66%
On assessed value
Assessed land
$294,400
Assessed improvement
$937,600
Land market value
$736,000
Improvement market value
$2,344,000
Total market value
$3,080,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
37,158 SF
Lot
1.84 ac (80,150 SF)
Zoning code
C2
APN
0000S/00004/01B
UPID
US22-3364588
Jurisdiction
DOUGHERTY
Zoning & alternative use
C2 · Albany, GA
Zoning C2 · permitted uses
C2 · 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
HOTEL/MOTEL Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.5M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (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
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
1.84 ac
Current owner
From public records · entity-resolved
Sagu LLC
Entity
Mailing address
1807 DEVON DR, ALBANY, GA 31721-6234
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2019
—
Sagu LLC
—
Deed
related
$4,562,280 · First Port City Bank
Jan 31, 2007
$675,000
Sagu LLC
Carmike Cinemas INC
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.
Try Rey
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