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Property profile & analytics
OFF-MARKET
Warehouses
851 Augusta Ave Waycross, GA 31503-4890
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-2367965
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
2,000 SF
Lot
0.92 ac (40,075 SF)
Zoning code
RESIDENTIAL
APN
055D-02-001-A
UPID
US22-2367965
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
-
Duggan's Painting & Pressure Washing Service Painting Service General Contractor
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
Micheal Lee Ents LLC · 6 yrs held
Micheal Lee Ents LLC
since 2019
3 recorded transactions
Zoning & alternative use
RESIDENTIAL · 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
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
$767
Tax year 2023
Assessed value
$26,572
Assessed 2023
Previous assessed
$26,572
+0.0% YoY
Effective rate
2.89%
On assessed value
Assessed land
$7,360
Assessed improvement
$19,212
Land market value
$18,400
Improvement market value
$48,029
Total market value
$66,429
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
CEILING FURNACE
Cooling
CENTRAL
Buildings
2
Total area
2,000 SF
Lot
0.92 ac (40,075 SF)
Zoning code
RESIDENTIAL
APN
055D-02-001-A
UPID
US22-2367965
Jurisdiction
WARE
Zoning & alternative use
RESIDENTIAL · Waycross, GA
Zoning RESIDENTIAL · permitted uses
RESIDENTIAL · 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
2002
Construction
STEEL FRAME
Heating
CEILING FURNACE
Cooling
Yes
Buildings
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Micheal Lee Ents LLC
Entity
Mailing address
851 S AUGUSTA AVE, WAYCROSS, GA 31503-4890
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
—
Micheal Lee Ents LLC
—
Deed
related
$125,332 · Primesouth Bk
Oct 7, 2019
$85,000
Micheal Lee Ents LLC
Wayne Duggan
Warranty Deed
$128,144 · Primesouth Bk
—
—
Micheal Lee Ents LLC
—
Loan Modification
related
$125,332 · Primesouth Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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