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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Grocery and convenience stores
707 Patterson St Valdosta, GA 31601-6069
Entity Owned
6-yr Hold
Free & Clear
Property ID
US22-3130521
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,645 SF
Lot
1.4 ac (60,984 SF)
Zoning code
R-6
APN
0120D-068
UPID
US22-3130521
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
-
TLC Benefit Solutions Insurance Agency
-
CoinFlip Bitcoin ATM Bank Loan Service
-
Big Foot Gas Station
-
Bigfoot #1054 Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$510k
Owner & transaction history
106 East North Street LLC · 6 yrs held
106 East North Street LLC
since 2020
6 recorded transactions
Zoning & alternative use
R-6 · Valdosta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$455,000
+170.8%
Medical building
$380,000
+127.7%
Retail stores
$360,000
+116.3%
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
Method
Estimation
Statistic approach
by Request
ML approach
$325,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$455,000
Change: +171% · Conversion: Easy
MEDICAL BUILDING
$380,000
Change: +128% · Conversion: Difficult
RETAIL STORES
$360,000
Change: +116% · Conversion: Easy
AUTO REPAIR, GARAGE
$360,000
Change: +116% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
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
$140 / 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
$4,151
Tax year 2023
Assessed value
$139,332
Assessed 2023
Previous assessed
$139,332
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$19,184
Assessed improvement
$120,148
Land market value
$47,960
Improvement market value
$300,369
Total market value
$348,329
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
3,645 SF
Lot
1.4 ac (60,984 SF)
Zoning code
R-6
APN
0120D-068
UPID
US22-3130521
Jurisdiction
LOWNDES
Zoning & alternative use
R-6 · Valdosta, GA
Zoning R-6 · permitted uses
R-6 · Valdosta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valdosta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$455,000
MEDICAL BUILDING
Est. value
$380,000
RETAIL STORES
Est. value
$360,000
AUTO REPAIR, GARAGE
Est. value
$360,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
106 East North Street LLC
Entity
Free & Clear · 6 yrs held
Mailing address
4255 WHISPERWOOD CIR, VALDOSTA, GA 31602-4962
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
May 13, 2022
—
Jay Shri Ganesh Corporation
—
Deed
related
$501,100 · United States Of America
May 25, 2021
—
Jay Shri Ganesh Corporation
—
Deed
related
$1,660,440 · Commercial Banking
Jul 29, 2020
—
106 East North Street LLC
—
Deed
related
$227,200 · First
Apr 24, 2020
$280,000
106 East North Street LLC
Langdale Tire Co
Warranty Deed
—
May 17, 2018
$480,000
Jay Shri Ganesh Corp
Enmark Stations INC
Warranty Deed
—
Mar 20, 2012
—
Chester Wright
Mary Stevens
Warranty 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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