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    Property profile & analytics

    447 Ossie Davis Pkwy Waycross, GA 31501

    • Showrooms
    • 16,154 SF
    • 2.87 lot acres
    For Sale
    View listing
    $1,200,000
    Value Estimation
    Location Intelligence
    Property ID
    US22-2152334
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Showrooms

    Property Details for 447 Ossie Davis Pkwy

    Year built
    1947
    Lot size
    2.87 lot acres
    Property size
    16,154 SF
    Zone code
    UNZONED URBAN
    Property type
    Showrooms
    APN
    WA08-01-014
    APU
    WA0801014

    Description

    This exceptional commercial property, located at 447 Ossie Davis Pkwy, Waycross, GA 31501, is offered at $1,500,000. Classified as retail and special purpose, this auto shop boasts a highly visible location with over 11,000 daily vehicles passing by, ensuring maximum exposure. The expansive lot size provides ample space for development or expansion. The existing building features over 20 service bays, a large showroom, extensive storage areas, a breakroom, and multiple offices. Its strategic position offers excellent access to major roadways within a thriving commercial area of Ware County. This property presents a rare opportunity to acquire a prime commercial location in Waycross. While the current business operating on the site is not closing, it has plans to relocate, presenting a unique chance for a new owner to establish or expand their automotive-related business. The property's versatility allows for a wide range of uses, including but not limited to dealerships, vehicle storage, detailing, and window tinting.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $465,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $530,000
      Mixed-Use
      $535,000
      Hospitality
      $395,000
      Educational
      $525,000
      Residential Income
      $400,000
      Energy
      $495,000
      Income-Based Land
      $465,000
      Food Service
      $525,000

    Location Insight

    • Map
    • Local Demand
    City
    Waycross
    County
    Ware
    State
    Georgia
    Longitude
    -82.3576
    Latitude
    31.2171
    CBSA code
    48180
    CBSA name
    WAYCROSS, GA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,173
    $62,509
    $167,666
    $230,175
    -
    $156,272
    $419,166
    $575,438

    Comparable in this City

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    • Value Estimation
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      606 Pendleton St

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      606 Pendleton St, Waycross, GA 31501-4766
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    • Value Estimation
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      6,012 SF

      908 Memorial Dr

      SHOW ROOM, WAREHOUSE • 6,012 SF
      908 Memorial Dr, Waycross, GA 31501-2917
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    • Value Estimation
      $275,000
      6,378 SF

      1214 Albany Ave

      SHOW ROOM, WAREHOUSE • 6,378 SF
      1214 Albany Ave, Waycross, GA 31501-5751
      View Details
    • Value Estimation
      $370,000
      2,450 SF

      1027 Albany Ave

      SHOW ROOM, WAREHOUSE • 2,450 SF
      1027 Albany Ave, Waycross, GA 31501-4737
      View Details
    • Value Estimation by Request
      5,180 SF

      1309 Ossie Davis Pkwy

      SHOW ROOM, WAREHOUSE • 5,180 SF
      1309 Ossie Davis Pkwy, Waycross, GA 31501-5654
      View Details

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    Waycross, GA 31501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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