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    Property profile & analytics

    2816 Nottingham Way Albany, GA 31707-1283

    • Grocery and convenience stores
    • 20,413 SF
    • 4.04 lot acres
    OFF-MARKET
    Value Estimation
    $4,355,000
    Last Sale
    Feb 01, 2023
    $4,200,000
    Location Intelligence
    Property ID
    US22-3475926
    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

    • ALDI / Supermarket / Grocery Store

    Property Details for 2816 Nottingham Way

    Year built
    2022
    Construction
    STEEL FRAME
    Lot size
    4.04 lot acres
    Property size
    20,413 SF
    Zone code
    C2
    Property type
    Grocery and convenience stores
    APN
    0000S/00016/006
    APU
    0000S00016006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,635,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,035,000
      6.5%
      $4,525,000
      7%
      $4,075,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,280,000
      Geo Method
      $3,885,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,425,000
      Retail
      $3,780,000
      Mixed-Use
      $3,625,000
      Hospitality
      $4,350,000
      Educational
      $3,865,000
      Residential Income
      $3,485,000
      Energy
      $4,450,000
      Income-Based Land
      $4,125,000
      Food Service
      $4,455,000

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Dougherty
    State
    Georgia
    Longitude
    -84.2032
    Latitude
    31.6209
    CBSA code
    10500
    CBSA name
    ALBANY, 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
    $40,671
    $484,800
    $542,200
    $1,027,000
    -
    $1,212,000
    $1,355,500
    $2,567,500

    Comparable in this City

    • Value Estimation
      $605,000
      2,691 SF

      2422 Stuart Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 2,691 SF
      2422 Stuart Ave, Albany, GA 31707-1667
      View Details
    • Value Estimation
      $3,495,000
      192 SF

      101 Logan Ct

      CONVENIENCE STORE (W/FUEL PUMP) • 192 SF
      101 Logan Ct, Albany, GA 31707-3366
      View Details
    • Value Estimation
      $1,330,000
      47,877 SF

      2826 Meredyth Dr

      GROCERY, SUPERMARKET • 47,877 SF
      2826 Meredyth Dr, Albany, GA 31707-0208
      View Details
    • Value Estimation
      $405,000
      2,400 SF

      1404 Oakridge Dr

      CONVENIENCE STORE (W/FUEL PUMP) • 2,400 SF
      1404 Oakridge Dr, Albany, GA 31707-5307
      View Details
    • Value Estimation
      $355,000
      2,695 SF

      2509 Stuart Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 2,695 SF
      2509 Stuart Ave, Albany, GA 31707-1601
      View Details
    • Value Estimation
      $470,000
      2,380 SF

      402 Westover Blvd

      CONVENIENCE STORE (W/FUEL PUMP) • 2,380 SF
      402 Westover Blvd, Albany, GA 31707-2131
      View Details

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    Similar Nearby for Lease

    • New
      $3,500 /Mo
      40,946 SF

      Northwest Albany Commercial Space For Lease

      3000 sq ft commercial space available for lease.
      2820 Meredyth Dr, Albany, GA 31707
      View Details
    • Contact for pricing
      30,000 SF

      Retail Space in Albany, Georgia

      30,000 square foot retail property available for rent.
      2800 Old Dawson Rd, Albany, GA 31707
      View Details
    • Contact for pricing
      2,598 SF

      Anchored Shopping Center Retail Space

      Retail space in a shopping center with major anchor tenants.
      2707 Dawson Rd, Albany, GA 31707
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Albany, GA

      Publix-anchored shopping center in a dense retail corridor.
      2713 Dawson Rd, Albany, GA 31707
      View Details
    • $15 SF/Yr
      5,331 SF

      618 Westover Blvd

      Office Properties & Spaces • 5,331 SF
      618 Westover Blvd, Albany, GA 31707
      View Details

    Property Visit Statistics

    • Visits by month
      31.6k
    • Visitors by month
      20.4k
    • Avg Time on site
      22 min
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    Albany, GA 31707-1283
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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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