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Property profile & analytics
OFF-MARKET
Estimated value
$1,920,000
Motels
3019 Kensington Ct Albany, GA 31721-1596
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-2402956
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
45,543 SF
Lot
2.44 ac (106,286 SF)
Zoning code
C2
APN
00354/00002/04A
UPID
US22-2402956
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
-
Blink Charging Station Electric Vehicle Charging Station
-
3019 Kensington Court Parking Parking Lot & Garage
-
Courtyard Albany Hotel & Motel
-
WW Studio @ Courtyard by Marriott Albany Weight Loss Service Wellness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.92M
Owner & transaction history
Jrea Albany LLC
Jrea Albany LLC
since 2026
6 recorded transactions
Zoning & alternative use
C2 · Albany, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.1M
+111.3%
Office building
$3.0M
+99.7%
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%
$2,000,000
6.5%
$1,845,000
7%
$1,715,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,485,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,135,000
Change: +111% · Conversion: Difficult
OFFICE BUILDING
$2,965,000
Change: +100% · Conversion: Difficult
Blend value · Realmo final
$1.92M
Range $1.73M – $2.11M · ±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
$72,458
Tax year 2023
Assessed value
$1,555,216
Assessed 2023
Previous assessed
$1,555,216
+0.0% YoY
Effective rate
4.66%
On assessed value
Assessed land
$195,200
Assessed improvement
$1,360,016
Land market value
$488,000
Improvement market value
$3,400,040
Total market value
$3,888,040
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
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
84
Total area
45,543 SF
Lot
2.44 ac (106,286 SF)
Zoning code
C2
APN
00354/00002/04A
UPID
US22-2402956
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
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.0M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
84
Lot
2.44 ac
Current owner
From public records · entity-resolved
Jrea Albany LLC
Entity
Mailing address
2628 DAWSON RD, ALBANY, GA 31707-1609
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
$11,650,000
Jrea Albany LLC
Hvc Hospitality LLC
Warranty Deed
—
May 30, 2024
—
Hvc Hospitality LLC
—
Deed
related
$2,100,000 · Ab&t
May 15, 2023
—
Hvc Hospitality LLC
—
Deed
related
$2,100,000 · Ab&t
Mar 9, 2017
—
Hvc Hospitality LLC
—
Deed
related
$6,934,000 · Ameris Bank
May 14, 2013
$790,000
Bre Select Hotels Properties L
Sunbelt Cag LLC
Warranty Deed
—
Jun 1, 2005
—
Sunbelt Cag LLC
Payroll A Albany Dougherty
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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