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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Warehouses
3268 Palmyra Rd Albany, GA 31707-1221
Entity Owned
Free & Clear
Property ID
US22-3384677
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1970
Total area
10,990 SF
Lot
28 ac (1,219,680 SF)
Zoning code
COMMERCIAL
APN
040B 009
UPID
US22-3384677
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
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$695k
Owner & transaction history
T Farmco Of Albany LLC
T Farmco Of Albany LLC
since 2026
Last sale
$700,000
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Albany, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+136.2%
Commercial (general)
$995,000
+132.2%
Retail stores
$880,000
+105.6%
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
$540,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$430,000
Current use
MEDICAL BUILDING
$1,010,000
Change: +136% · Conversion: Difficult
COMMERCIAL (GENERAL)
$995,000
Change: +132% · Conversion: Difficult
RETAIL STORES
$880,000
Change: +106% · Conversion: Moderate
AUTO REPAIR, GARAGE
$860,000
Change: +100% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$855,000
Change: +100% · Conversion: Moderate
OFFICE BUILDING
$815,000
Change: +91% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $700k (Nov 23 2021)
Last sale anchor
$700k
Nov 23 2021
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
$63 / 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
$10,054
Tax year 2023
Assessed value
$356,800
Assessed 2023
Previous assessed
$356,800
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$290,000
Assessed improvement
$66,800
Land market value
$725,000
Improvement market value
$167,000
Total market value
$892,000
Applied tax rate
3.0000
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
1970
Heating
NONE
Cooling
CENTRAL
Buildings
2
Total area
10,990 SF
Lot
28 ac (1,219,680 SF)
Zoning code
COMMERCIAL
APN
040B 009
UPID
US22-3384677
Jurisdiction
LEE
Zoning & alternative use
COMMERCIAL · Albany, GA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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
WAREHOUSE, STORAGE Current
Est. value
$430,000
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$995,000
RETAIL STORES
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$860,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$855,000
OFFICE BUILDING
Est. value
$815,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1970
Heating
NONE
Cooling
Yes
Buildings
2
Lot
28 ac
Current owner
From public records · entity-resolved
T Farmco Of Albany LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3200 PALMYRA RD, ALBANY, GA 31707-1221
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
$415,000
T Farmco Of Albany LLC
Trioxlor I LLC
Warranty Deed
—
Mar 17, 2026
—
Oxford Construction Co
Trioxlor 1 LLC
Warranty Deed
—
Feb 26, 2026
—
Lee County
Trioxlor I LLC
Warranty Deed
—
Nov 23, 2021
$700,000
Trioxlor I LLC
W D Wingate
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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