Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,495,000
Warehouses
3150 Sylvester Hwy Albany, GA 31705-6401
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3452454
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Construction
STEEL FRAME
Total area
243,722 SF
Lot
226.11 ac (9,849,352 SF)
Zoning code
M2
APN
00140/00001/008
UPID
US22-3452454
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.01M
Blend (final)
Blend
$13.50M
Owner & transaction history
Albany Dougherty Payroll Developmen · 7 yrs held
Albany Dougherty Payroll Developmen
since 2018
4 recorded transactions
Zoning & alternative use
M2 · Albany, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$22.4M
+202.2%
Commercial (general)
$22.1M
+197.1%
Retail stores
$19.5M
+163.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$22,435,000
Change: +202% · Conversion: Difficult
COMMERCIAL (GENERAL)
$22,055,000
Change: +197% · Conversion: Difficult
RETAIL STORES
$19,525,000
Change: +163% · Conversion: Moderate
AUTO REPAIR, GARAGE
$19,030,000
Change: +156% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$18,995,000
Change: +156% · Conversion: Moderate
Blend value · Realmo final
$13.50M
Range $12.15M – $14.84M · ±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
$55 / 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 2024Property tax & assessments
Tax year 2024
Assessed value
$16,008,240
Assessed 2024
Previous assessed
$16,008,240
+0.0% YoY
Assessed land
$630,040
Assessed improvement
$15,378,200
Land market value
$1,575,100
Improvement market value
$38,445,500
Total market value
$40,020,600
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
12
Stories
1
Bathrooms
1
Total area
243,722 SF
Lot
226.11 ac (9,849,352 SF)
Zoning code
M2
APN
00140/00001/008
UPID
US22-3452454
Jurisdiction
DOUGHERTY
Zoning & alternative use
M2 · Albany, GA
Zoning M2 · permitted uses
M2 · 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
MEDICAL BUILDING
Est. value
$22.4M
COMMERCIAL (GENERAL)
Est. value
$22.1M
RETAIL STORES
Est. value
$19.5M
AUTO REPAIR, GARAGE
Est. value
$19.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.0M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
12
Bathrooms
1
Lot
226.11 ac
Current owner
From public records · entity-resolved
Albany Dougherty Payroll Developmen
Individual
Free & Clear · 7 yrs held
Mailing address
225 W BROAD AVE, ALBANY, GA 31701-2566
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2018
—
Albany Dougherty Payroll Developmen
Georgia Pacific Wood Products LLC
Limited Warranty Deed
—
Aug 29, 2018
—
Georgia Pacific Wood Products LLC
Albany Dougherty Payroll Developmen
Limited Warranty Deed
—
May 30, 2006
$648,980
Payroll Devel Albany Dougherty
Steven Dulaney Wooten
Deed
—
May 30, 2006
—
Payroll Devel Albany Dougherty
Steven Dulaney Wooten
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3150 Sylvester Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
