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Property profile & analytics
OFF-MARKET
Individual retail properties
696 Griffin Ave Valdosta, GA 31601-6411
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-3083732
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
2019
Construction
STEEL FRAME
Total area
3,870 SF
Lot
0.52 ac (22,651 SF)
APN
0161A-110
UPID
US22-3083732
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
-
Title Town Barber Shop Barber Shop
-
K's & D's Decorations And More LLC Party Supply Store Rental Equipment Company
-
Colorful Creations Event Center Hotel & Motel Resort
-
Title Town Barber Shop LLC Barber Shop
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
Jay Shree Somnath LLC · 6 yrs held
Jay Shree Somnath LLC
since 2020
6 recorded transactions
Zoning & alternative use
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
$3,139
Tax year 2023
Assessed value
$105,363
Assessed 2023
Previous assessed
$105,363
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$10,249
Assessed improvement
$95,114
Land market value
$25,623
Improvement market value
$237,784
Total market value
$263,407
Applied tax rate
1.0000
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
3,870 SF
Lot
0.52 ac (22,651 SF)
APN
0161A-110
UPID
US22-3083732
Jurisdiction
LOWNDES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Jay Shree Somnath LLC
Entity
Mailing address
2505 MELROSE DR, VALDOSTA, GA 31602-5716
Ownership since
2020
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
Apr 2, 2020
—
Jay Shree Somnath LLC
Shaileshkumar Patel
Warranty Deed
—
May 10, 2019
—
Hansaben Patel
—
Deed
related
$606,836 · Bank Of Camilla
Aug 24, 2018
—
Patel Hansaben
Patel Hansaben
Warranty Deed
related
—
Jun 24, 2014
$18,000
Hansaben Patel
The Citizens Bank
Warranty Deed
—
Mar 9, 2011
$20,000
The Diggidees Corporation
Jwl Investment Group INC
Deed
—
Sep 24, 2007
$20,000
Jwl Investment Grp INC
J C Cowart
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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