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Property profile & analytics
OFF-MARKET
Specialty properties
315 Philema Rd Albany, GA 31701-1245
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-3365151
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,080 SF
Lot
2.47 ac (107,593 SF)
Zoning code
C2
APN
00137/00001/022
UPID
US22-3365151
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
-
Vfw Post 2785 Community Center Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Marsh Landing III LLC · 5 yrs held
Marsh Landing III LLC
since 2020
7 recorded transactions
Zoning & alternative use
C2 · Albany, GA
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,742
Tax year 2023
Assessed value
$80,760
Assessed 2023
Previous assessed
$80,760
+0.0% YoY
Effective rate
4.63%
On assessed value
Assessed land
$7,360
Assessed improvement
$73,400
Land market value
$18,400
Improvement market value
$183,500
Total market value
$201,900
Applied tax rate
2.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
NONE
Buildings
2
Stories
1
Total area
9,080 SF
Lot
2.47 ac (107,593 SF)
Zoning code
C2
APN
00137/00001/022
UPID
US22-3365151
Jurisdiction
DOUGHERTY
Zoning & alternative use
C2 · Albany, GAZoning C2 · permitted uses
C2 · Albany, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
TITLE II
Building & site characteristics
From public records
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
2
Lot
2.47 ac
Current owner
From public records · entity-resolved
Marsh Landing III LLC
Entity
Free & Clear · 5 yrs held
Mailing address
315 PHILEMA RD, ALBANY, GA 31701-1245
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 11, 2020
—
Marsh Landing III LLC
Princeton Place Apartments LLC
Limited Warranty Deed
—
Jul 6, 2020
—
Princeton Place Apartments LLC
—
Deed
related
$2,088,750 · Colony Bank
Apr 17, 2019
—
Princeton Place Apartments LLC
—
Deed
related
$2,000,000 · Landings At Marsha
Aug 22, 2018
$435,000
Princeton Place Apartments LLC
Progressive Consultants LLC
Limited Warranty Deed
—
Jan 22, 2018
$150,000
Progressive Consultants LLC
Westminister Management
Warranty Deed
—
Apr 22, 2016
$66,607
Acb Management LLC
Pointe North Ltd
Warranty Deed
—
Jul 14, 2014
$62,732
Westminister Management & Fina
Westminister Management
Warranty Deed
—
Mar 24, 2014
$125,000
Westminister Management & Fina
Post 2785 Veter Barr Allen
Warranty 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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