Back to Search
Property profile & analytics
OFF-MARKET
Drive through restaurants
1040 Us Hwy 431 Boaz, AL 35957-1700
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-1063073
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2007
Total area
2,556 SF
Lot
0.5 ac (21,780 SF)
Zoning code
12
APN
25-03-06-1-001-004.000
UPID
US03-1063073
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Agree LP · 8 yrs held
Agree LP
since 2018
5 recorded transactions
Zoning & alternative use
12 · Boaz, AL
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 Boaz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boaz 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,877
Tax year 2023
Assessed value
$97,540
Assessed 2023
Previous assessed
$97,540
+0.0% YoY
Effective rate
5.00%
On assessed value
Assessed land
$17,420
Assessed improvement
$80,120
Land market value
$87,100
Improvement market value
$400,600
Total market value
$487,700
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
2
Bathrooms
2
Total area
2,556 SF
Lot
0.5 ac (21,780 SF)
Zoning code
12
APN
25-03-06-1-001-004.000
UPID
US03-1063073
Jurisdiction
MARSHALL
Zoning & alternative use
12 · Boaz, ALZoning 12 · permitted uses
12 · Boaz, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2021 1154 Zoning Ordinance
Building & site characteristics
From public records
Year built
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
2
Bathrooms
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Agree LP
Entity
Free & Clear · 8 yrs held
Mailing address
3750 CORPORATE WOODS DR, VESTAVIA, AL 35242-2207
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2018
$1,620,000
Agree LP
Buckingham Filomena R T
Warranty Deed
—
Nov 10, 2011
$417,000
Buckingham Filomena R Trust
Buckingham F R Trust
Warranty Deed
related
—
Oct 6, 2011
$417,000
Buckingham Filomena R Trust
Manno Vincent D Trust
Warranty Deed
—
Oct 19, 2007
—
Buckingham Trust
Ldvf1f Taco LLC
Grant Deed
related
—
Jul 26, 2005
—
Ldvf1f Taco LLC
Taco Bell Of America INC
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1040 Us Hwy 431?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
