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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Grocery and convenience stores
10000 Bailey Cv SE Rd Huntsville, AL 35803-2608
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US03-0359509
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1992
Construction
MIXED
Total area
3,748 SF
Lot
0.88 ac (38,266 SF)
APN
18-09-32-4-002-001.000
UPID
US03-0359509
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
-
Chevron Discount Express Auto Repair Shop
-
Detail It (Hand-Carwash & Detail) Car Wash
-
Discount Express Grocery & Convenience Store
-
Top Notch Auto Detailing LLC Car Wash
-
National Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$610k
Owner & transaction history
Kalhori INC · 7 yrs held
Kalhori INC
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$525,000
+257.8%
Medical building
$440,000
+200.9%
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 Huntsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntsville 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
by Request
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$805,000
7%
$750,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$525,000
Change: +258% · Conversion: Difficult
MEDICAL BUILDING
$440,000
Change: +201% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$163 / 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
$12,015
Tax year 2023
Assessed value
$207,160
Assessed 2023
Previous assessed
$181,180
+14.3% YoY
Effective rate
5.80%
On assessed value
Assessed land
$95,660
Assessed improvement
$111,500
Land market value
$478,300
Improvement market value
$557,500
Total market value
$1,035,800
Applied tax rate
2.0000
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
1992
Construction
MIXED
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
3,748 SF
Lot
0.88 ac (38,266 SF)
APN
18-09-32-4-002-001.000
UPID
US03-0359509
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$525,000
MEDICAL BUILDING
Est. value
$440,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1992
Construction
MIXED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Kalhori INC
Entity
Mailing address
10000 BAILEY CV RD SE, HUNTSVILLE, AL 35803-2608
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Jul 23, 2020
—
Kalhori INC
—
Deed
related
$955,220 · Peoples Bk/al
Sep 7, 2018
$1,250,000
Kalhori INC
Hesam INC
Deed
$1,000,000 · North Alabama Bank
Nov 13, 2012
$1,200,000
Hesam INC
Upfront Holding LLC
Warranty Deed
$900,000 · North Alabama Bank
Oct 21, 2011
$1,104,747
Upfront Holding LLC
Auctioneer Of Madison County
Trustees Deed
—
—
—
Behjat Saatchian
—
Deed Of Trust
related
$150,000 · Campbell & Sons Oil Co INC
—
—
Kalhori INC
—
Deed Of Trust
related
$955,220 · Peoples Bk/al
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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