3903 Gillionville Rd Albany, GA 31721
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$360k
Range $324k – $396k (±10%)
Property ID
US22-3615394
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2015
Construction
STEEL FRAME
Total area
8,320 SF
Lot
2.08 ac (90,605 SF)
Zoning code
AG
APN
075-2/00000/68A
UPID
US22-3615394
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$959k
Blend (final)
Blend
$360k
Owner & transaction history
since 2017
2 recorded transactions
Zoning & alternative use
AG · Albany, GA
Zoning description
• AG, AGRICULTURAL DISTRICT. The Agricultural District is established as a district in which the principal use of land is for farming, dairying, forestry operations and other agricultural activities. To promote the gener…
General category
AGRICULTURAL
Top alternative use upside
Medical building
$765,000
+14.9%
Commercial (general)
$755,000
+13.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$360k
Value range
$324k – $396k
±10% around blend
Estimated value / SF
$43 / SF
Confidence
None
1 county-verified comps
Property data
75
Market benchmarks
67
Comparable evidence
10
$324k
blend $360k
$396k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,320 SF
Lot area
2.08 ac
Year built
2015
APN
075-2/00000/68A
Assessed value
$241,680
Annual tax
$11,174
3
Income approach: direct capitalization
Partial preview
Income approach indication
$960k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.05M
@ 6.5% CAP return
$960k
@ 7% CAP return
$895k
4
Sales comparison
Partial preview
Sales approach indication
$959k
Weighted, 0 comps · none confidence
Evidence
1 found
County-verified recorded sales
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$360k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 60 sales
$80
-46%
County 57 sales
$80
-46%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $43/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+15%
vs current-use indication
Commercial (general)
Retail Stores · current use
Auto Repair, Garage
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 1 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$242k
Move the market yield to see immediate price impact.
Value / SF
$29
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$15k
$305k
$218k
$169k
$17k
$338k
$242k
$188k
$19k
$372k
$266k
$207k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
1 found
None confidence · county-verified
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,174
Tax year 2023
Assessed value
$241,680
Assessed 2023
Previous assessed
$241,680
+0.0% YoY
Effective rate
4.62%
On assessed value
Assessed land
$99,840
Assessed improvement
$141,840
Land market value
$249,600
Improvement market value
$354,600
Total market value
$604,200
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2015
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
8,320 SF
Lot
2.08 ac (90,605 SF)
Zoning code
AG
APN
075-2/00000/68A
UPID
US22-3615394
Jurisdiction
DOUGHERTY
Zoning & alternative use
AG · Albany, GAZoning AG · permitted uses
AG · Albany, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
• AG, AGRICULTURAL DISTRICT. The Agricultural District is established as a district in which the principal use of land is for farming, dairying, forestry operations and other agricultural activities. To promote the gener…
General category
AGRICULTURAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
2.08 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
AG
AGRICULTURAL
Jurisdiction
Albany, GA
Recorded code
AG
Official district
AG
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for AG in Albany, GA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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