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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Retail properties & Spaces
104 Westchester Dr Madison, AL 35758-7838
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-1775834
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2012
Total area
6,840 SF
Lot
1.34 ac (58,327 SF)
APN
16-04-20-2-000-063.000
UPID
US03-1775834
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
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$513k
Blend (final)
Blend
$720k
Owner & transaction history
Grizzly Properties LLC · 2 yrs held
Grizzly Properties LLC
since 2024
Last sale
$720,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.0M
+29.1%
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$720,000
ML approach
$720,000
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)
$800,000
Current use
RETAIL STORES
$1,035,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $720k (Jul 2 2024)
Last sale anchor
$720k
Jul 2 2024
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
$105 / 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
$4,467
Tax year 2023
Assessed value
$63,780
Assessed 2023
Previous assessed
$52,360
+21.8% YoY
Effective rate
7.00%
On assessed value
Assessed land
$17,500
Assessed improvement
$46,280
Land market value
$87,500
Improvement market value
$231,400
Total market value
$318,900
Applied tax rate
5.0000
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
2012
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
6,840 SF
Lot
1.34 ac (58,327 SF)
APN
16-04-20-2-000-063.000
UPID
US03-1775834
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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$800,000
RETAIL STORES
Est. value
$1.0M
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
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
2012
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Grizzly Properties LLC
Entity
Mailing address
8005 HWY 57TH AVE SE, ROSSVILLE, TN 38066-4119
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
$720,000
Grizzly Properties LLC
Gwenwren LLC
Warranty Deed
$573,000 · Bryant Bank
Jul 2, 2024
—
Grizzly Properties LLC
—
Deed
related
$573,000 · Bryant Bank
Jul 14, 2023
$550,000
Gwenwren LLC
Collum Property Holdings LLC
Warranty Deed
$467,500 · First Citizens National Bank
Sep 1, 2022
$325,000
Collum Property Holdings LLC
Gene Harlan Bryson JR
Warranty Deed
—
Jul 29, 2022
—
Harlan Bryson JR
Brad Phillips
Intrafamily Transfer
related
—
May 8, 2018
$246,281
Gene H Bryson SR.
R & G Parkway LLC
Warranty Deed
$245,781 · First Metro Bk
Oct 24, 2011
$45,000
R & G Parkway LLC
Bryson,gene H SR
Warranty Deed
—
Jul 20, 2010
$45,000
Gene H Bryson SR.
Arlington Park LLC
Grant Deed
—
—
—
R & G Parkway LLC
—
Deed Of Trust
related
$70,000 · First Metro 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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