Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    480 Murray Rd Valdosta, GA 31602-4032

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    480 Murray Rd Valdosta, GA 31602-4032

    View on Map
    • Golf courses & driving ranges
    • 20,636 SF
    • 8.21 lot acres
    Off-Market
    Last Sale Jan 26, 2022
    $8,581,382
    Property ID
    US22-2982591
    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.
    Value Estimations
    $8,645,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • University Courtyard Apartments / Apartment Building
    • Latitude 30 / Apartment Building / Apartment Rental Agency
    • ATM (Quick Mart) / Atm
    • Combs Business Solutions / Consultant

    Property Details for 480 Murray Rd

    Year built
    1997
    Construction
    WOOD
    Lot size
    8.21 lot acres
    Property size
    20,636 SF
    Zone code
    C-H
    Property type
    Golf courses & driving ranges
    APN
    0109D-037
    APU
    0109D037

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $10,040,000
      ML approach
      $8,770,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Valdosta
    County
    Lowndes
    State
    Georgia
    Longitude
    -83.2873
    Latitude
    30.8783
    CBSA code
    46660
    CBSA name
    VALDOSTA, GA METROPOLITAN 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
    $80,105
    $496,244
    $2,192,486
    $2,688,730
    -
    $1,240,610
    $5,481,216
    $6,721,826

    Comparable in this City

    • Value Estimation by Request
      1,728 SF

      3715 Valdosta Rd

      COUNTRY CLUB • 1,728 SF
      3715 Valdosta Rd, Valdosta, GA 31602-1083
      View Details
    • Value Estimation by Request
      574 SF

      3531 Clb Villas Dr

      COUNTRY CLUB • 574 SF
      3531 Clb Villas Dr, Valdosta, GA 31602-1018
      View Details
    • Value Estimation by Request
      2,144 SF

      1800 Eastwind Rd

      COUNTRY CLUB • 2,144 SF
      1800 Eastwind Rd, Valdosta, GA 31602-5467
      View Details
    • Value Estimation by Request
      7,606 SF

      4553 Greenway Dr

      COUNTRY CLUB • 7,606 SF
      4553 Greenway Dr, Valdosta, GA 31602-0816
      View Details
    • Value Estimation by Request
      4,800 SF

      Val Tech Rd

      COUNTRY CLUB • 4,800 SF
      Val Tech Rd, Valdosta, GA 31602
      View Details
    • Value Estimation
      $640,000
      25,600 SF

      406 Connell Rd

      BOWLING ALLEY • 25,600 SF
      406 Connell Rd, Valdosta, GA 31602-1407
      View Details

    Similar Nearby for Sale

    • New
      $2,495,000
      Pending

      Valdosta Commercial Highway Redevelopment Opportunity

      25,600 SF commercial building on 2.13 acres for sale.
      406 Connell Rd, Valdosta, GA 31602
      View Details
    • $1,200,000
      2.70 Acres

      Valdosta Commercial Land For Sale

      2.7 acre commercial lot in high-traffic area, zoned C-C/C-N.
      Northside Dr, Valdosta, GA 31602
      View Details
    • $525,000
      4,006 SF

      Valdosta Office Building on Baytree

      Spacious 4000+ sqft office building ideal for professional or medical use.
      1216 Baytree Rd, Valdosta, GA 31602
      View Details
    • $195,000
      9.68 Acres

      Valdosta Development Site Available

      9.679 acres development site with city utilities in Valdosta.
      2900 Barack Obama Blvd, Valdosta, GA 31602
      View Details
    • $150,000
      1.29 Acres

      Valdosta Land on Highway 41

      1.29 acres zoned CG in prime location on Highway 41.
      Us Highway 41, Valdosta, GA 31602
      View Details
    • New
      Contact for pricing
      Pending

      Residential Land in Established Neighborhood

      Residential land available in the heart of Valdosta, Georgia.
      2006 N Sherwood Dr, Valdosta, GA 31602
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      Pending

      Move-in Ready Valdosta Office Space

      Professional office space in well-maintained complex, ideal for various uses.
      2935-115 Ashley St, Valdosta, GA 31602
      View Details
    • Contact for pricing
      1,845 SF

      Renovated Office Space Available

      Move-in ready, renovated office space with modern amenities.
      101 C Northside Dr, Valdosta, GA 31602
      View Details
    • Contact for pricing
      43,560 SF

      Valdosta Commercial Land For Lease

      Prime commercial land in high-growth Valdosta corridor, suitable for various uses.
      Inner Perimeter Rd & Park Ave, Valdosta, GA 31602
      View Details
    • Contact for pricing
      1,000 SF

      Office Space Sub-Lease Available

      Sub-lease featuring two offices, storage, bathroom, and reception area.
      2717 Windemere Dr, Valdosta, GA 31602
      View Details
    • New
      Contact for pricing
      Pending

      Valdosta Office Sublease Opportunity

      Professional office space available for sublease in Valdosta, Georgia.
      1108 Gornto Rd, Valdosta, GA 31602
      View Details
    • Contact for pricing

      Retail Space in North Oak Square

      Retail space available in a high-traffic shopping center.
      3259 Inner Perimeter Rd, Valdosta, GA 31602
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    480 Murray Rd
    Valdosta, GA 31602-4032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!