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Property profile & analytics
OFF-MARKET
Estimated value
$4,220,000
Warehouses
1002 Oster NW Dr, Huntsville, AL 35816-3150
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0560749
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
19,200 SF
Lot
5.31 ac (231,521 SF)
APN
14-08-34-2-003-027.001
UPID
US03-0560749
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.22M
Owner & transaction history
Execuplex Mini Storage LLC · 5 yrs held
Execuplex Mini Storage LLC
since 2020
Last sale
$4.6M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.9M
+202.8%
Office building
$3.1M
+138.1%
Retail stores
$3.0M
+130.1%
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
$5,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,885,000
Change: +203% · Conversion: Difficult
OFFICE BUILDING
$3,055,000
Change: +138% · Conversion: Difficult
RETAIL STORES
$2,955,000
Change: +130% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,845,000
Change: +122% · Conversion: Difficult
Blend value · Realmo final
$4.22M
Range $3.80M – $4.64M · ±10% · vs last sale $4.61M (Sep 1 2020)
Last sale anchor
$4.61M
Sep 1 2020
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
$220 / 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
$80,148
Tax year 2023
Assessed value
$1,381,860
Assessed 2023
Previous assessed
$1,240,440
+11.4% YoY
Effective rate
5.80%
On assessed value
Assessed land
$104,200
Assessed improvement
$1,277,660
Land market value
$521,000
Improvement market value
$6,388,300
Total market value
$6,909,300
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Heating
SPACE
Cooling
YES
Buildings
3
Stories
1
Units
1
Bathrooms
1
Total area
19,200 SF
Lot
5.31 ac (231,521 SF)
APN
14-08-34-2-003-027.001
UPID
US03-0560749
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
MEDICAL BUILDING
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.1M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.8M
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1980
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
1
Lot
5.31 ac
Current owner
From public records · entity-resolved
Execuplex Mini Storage LLC
Entity
Mailing address
799 OSTER DR NW, HUNTSVILLE, AL 35816-3167
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2020
$4,609,100
Execuplex Mini Storage LLC
Williams Coml Roperties LLC
Grant Deed
$3,500,000 · Morgan Stanley Bk
Apr 21, 2015
—
Williams Commercial Props LLC
Williams Robert H & Sandra A
Quit Claim Deed
related
—
Apr 5, 2011
—
Williams Commercial Props LLC
—
Deed Of Trust
related
$5,754,458 · Regions Bank
—
—
Williams Commercial Props LLC
—
Deed Of Trust
related
$3,800,000 · Wells Fargo Bk
—
—
Williams Commercial Props LLC
—
Deed Of Trust
related
$180,000 · Regions Bank
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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