218 RailroadNorman Park, GA 31771

  • Commercial real estate
  • 30,000 SF
Off market
$26,449,540 Estimated

Property Details for 218 Railroad

Year built
1995
Lot size
2.64 AC
Property size (Sq ft)
30,000 SF
Property type
Commercial real estate
APN
N004 069A
APU
N004069A

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,226,710
    6.5%
    $3,901,580
    7%
    $3,622,890
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,132,700
    Geo Method
    $2,132,700
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $8,708,280
    Retail / Commercial
    $4,264,520
    Mixed-Use / Specialty
    $4,090,890
    Hospitality / Lodging
    $2,795,090
    Office
    $3,901,580
    Institutional / Educational
    $4,196,260
    Residential Income
    $4,909,620
    Multifamily
    $6,766,610
    Automotive / Energy
    $3,596,790
    Parking / Income-Based Land
    $1,397,730
    Restaurant / Food Service
    $1,789,600
    Healthcare / Senior Housing
    $4,357,590

Location Insight

City
Norman Park
County
Colquitt
State
Georgia
Latitude
31.2723
Longitude
-83.6819
CBSA code
34220
CBSA name
MOULTRIE, 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
$5,016
$21,248
$111,504
$132,752
-
$53,120
$278,760
$331,880

FAQs

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