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Property profile & analytics
OFF-MARKET
Warehouses
3488 Old State Rd Valdosta, GA 31606-0690
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-3038637
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
2,850 SF
Lot
3.6 ac (156,816 SF)
Zoning code
E-A
APN
0184-049B
UPID
US22-3038637
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
-
Farmers Catch Food Processing Plant
-
Meme’s Worms Garden Center
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
Memes Worms LLC · 3 yrs held
Memes Worms LLC
since 2022
Last sale
$379,840
4 recorded transactions
Zoning & alternative use
E-A · Valdosta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Valdosta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valdosta 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
$3,917
Tax year 2023
Assessed value
$163,774
Assessed 2023
Previous assessed
$163,774
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$13,098
Assessed improvement
$150,676
Land market value
$32,744
Improvement market value
$376,690
Total market value
$409,434
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
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
SPACE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
2,850 SF
Lot
3.6 ac (156,816 SF)
Zoning code
E-A
APN
0184-049B
UPID
US22-3038637
Jurisdiction
LOWNDES
Zoning & alternative use
E-A · Valdosta, GA
Zoning E-A · permitted uses
E-A · Valdosta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valdosta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
3.6 ac
Current owner
From public records · entity-resolved
Memes Worms LLC
Entity
Mailing address
1621 E HWY 64, LAKELAND, GA 31635-5551
Ownership since
2022
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
Nov 16, 2022
$379,840
Memes Worms LLC
9 Line South LLC
Warranty Deed
$379,840 · Farmers And Merchants Bank
Sep 15, 2021
—
9 Line South LLC
—
Deed
related
$289,000 · Pnc Bank
Aug 2, 2021
$340,000
9 Line South LLC
Blackwater Development LLC
Warranty Deed
—
Oct 18, 2019
$175,000
Blackwater Development LLC
Southern States Cooperative INC
Warranty Deed
$181,515 · Farmers And Merchants Bank
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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