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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Retail properties & Spaces
104 Corporate Woods Cir Alabaster, AL 35007-4855
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-1365478
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2009
Total area
17,328 SF
Lot
1.51 ac (65,776 SF)
APN
224190000004021
UPID
US03-1365478
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
-
Leaded Gas Classics Car Dealership
-
Matrix Muscle Cars Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.42M
Owner & transaction history
Christopher W Metcalf · 3 yrs held
Christopher W Metcalf
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+11.5%
Retail stores
$2.2M
+10.5%
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 Alabaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alabaster 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
$1,405,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$1,960,000
Current use
COMMERCIAL (GENERAL)
$2,185,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$2,165,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10% · vs last sale $1.32M (Dec 21 2022)
Last sale anchor
$1.32M
Dec 21 2022
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
$82 / 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
$11,793
Tax year 2023
Assessed value
$218,380
Assessed 2023
Previous assessed
$218,380
+0.0% YoY
Effective rate
5.40%
On assessed value
Land market value
$138,450
Improvement market value
$953,390
Total market value
$1,091,840
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2009
Heating
YES
Stories
1
Rooms
1
Bathrooms
1
Total area
17,328 SF
Lot
1.51 ac (65,776 SF)
APN
224190000004021
UPID
US03-1365478
Jurisdiction
SHELBY
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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES
Est. value
$2.2M
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
2009
Heating
YES
Stories
1
Rooms
1
Bathrooms
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Christopher W Metcalf
Individual
Free & Clear · 3 yrs held
Mailing address
2105 OLD MONTGOMERY HWY, PELHAM, AL 35124-1176
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2022
$1,315,000
Christopher W Metcalf
Key 7 Management Services LLC
Warranty Deed
—
Oct 2, 2019
—
Key 7 Management Services LLC
—
Deed
related
$970,012 · Branch Bk&tr
May 24, 2019
$975,200
Key 7 Management Services LLC
Leaded Gas Classics LLC
Warranty Deed
$708,200 · Branch Bk&tr
Feb 14, 2014
$462,500
Leaded Gas Classics LLC
Roy Martin Construction LLC
Warranty Deed
related
—
Mar 14, 2011
—
Roy Martin Construction LLC
National Bk Of Commerce
Warranty Deed
—
Nov 24, 2009
—
Mtn Bk NA Red
Land South Contractors INC
Deed In Lieu Of Foreclosure
related
—
Oct 17, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Key 7 Management Services LLC
—
Deed Of Trust
related
$970,012 · Branch Bk&tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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