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Property profile & analytics
FOR SALE
Office buildings
401 Carswell Ave, Waycross, GA 31501
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-2566883
For Sale
1 / 2
$595,000
401 Carswell Ave, Waycross, GA 31501
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Construction
STEEL FRAME
Total area
15,756 SF
Lot
1.12 ac (48,787 SF)
Zoning code
UNZONED URBAN
APN
WA09-01-011
UPID
US22-2566883
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
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
S&s Investments Georgia LLC · 1 yrs held
S&s Investments Georgia LLC
since 2025
Last sale
$585,000
6 recorded transactions
Zoning & alternative use
UNZONED URBAN · Waycross, 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 Waycross submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waycross 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
$450,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $585k (Feb 15 2025)
Last sale anchor
$585k
Feb 15 2025
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
$34 / 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
$16,986
Tax year 2023
Assessed value
$370,041
Assessed 2023
Previous assessed
$370,041
+0.0% YoY
Effective rate
4.59%
On assessed value
Assessed land
$24,394
Assessed improvement
$345,647
Land market value
$60,984
Improvement market value
$864,117
Total market value
$925,101
Applied tax rate
22.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1967
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
15,756 SF
Lot
1.12 ac (48,787 SF)
Zoning code
UNZONED URBAN
APN
WA09-01-011
UPID
US22-2566883
Jurisdiction
WARE
Zoning & alternative use
UNZONED URBAN · Waycross, GA
Zoning UNZONED URBAN · permitted uses
UNZONED URBAN · Waycross, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waycross. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
1.12 ac
Current owner
From public records · entity-resolved
S&s Investments Georgia LLC
Entity
Free & Clear · 1 yrs held
Mailing address
501 W 1ST ST, WAYCROSS, GA 31501-5337
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2025
$585,000
S&s Investments Georgia LLC
Afa Properties Of Waycross LLC
Warranty Deed
—
May 3, 2022
—
Afa Properties Of Waycross LLC
—
Deed
related
$3,015,000 · First Citizens Bank
Jun 29, 2021
$475,000
Afa Properties Of Waycross LLC
Ameris Bank
Warranty Deed
—
Feb 15, 2016
—
Ameris Bk
First Fin-waycross LLC
Quit Claim Deed
related
—
Feb 15, 2016
$790,000
Ameris Bk
First Fin-waycross LLC
Grant Deed
related
—
Mar 4, 2008
$625,000
First Fin Waycross LLC
First States Investors 81
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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