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Property profile & analytics
OFF-MARKET
Estimated value
$9,650,000
Medical Office Space
1041 Balch Rd Madison, AL 35758-8820
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0241229
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2014
Total area
66,513 SF
APN
15-09-29-0-001-009.021-BLDG
UPID
US03-0241229
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
-
Madison Medical I Medical Clinic
-
Madison Prosthodontics Aesthetic & Reconstructive Dentistry Dental Office Physician
-
Precious Smiles Family Dentistry Dental Office
-
The Eye Center Surgeons and Associates Ophthalmologist
-
Belinda A. Isley, CRNP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.26M
Comparable Approach
Comparable
$6.11M
Blend (final)
Blend
$9.65M
Owner & transaction history
Cpi Ahp Huntsville Madison Mob Owne · 6 yrs held
Cpi Ahp Huntsville Madison Mob Owne
since 2019
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$14.9M
+7.4%
Commercial (general)
$14.3M
+3.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,365,000
6.5%
$13,260,000
7%
$12,315,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$13,830,000
Current use
OFFICE BUILDING
$14,860,000
Change: +7% · Conversion: Easy
COMMERCIAL (GENERAL)
$14,300,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$9.65M
Range $8.69M – $10.62M · ±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
$145 / 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
$184,063
Tax year 2023
Assessed value
$3,173,500
Assessed 2023
Previous assessed
$3,077,280
+3.1% YoY
Effective rate
5.80%
On assessed value
Assessed improvement
$3,173,500
Improvement market value
$15,867,500
Total market value
$15,867,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2014
Heating
NONE
Cooling
AC.PACKAGE
Stories
3
Units
1
Total area
66,513 SF
APN
15-09-29-0-001-009.021-BLDG
UPID
US03-0241229
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 Current
Est. value
$13.8M
OFFICE BUILDING
Est. value
$14.9M
COMMERCIAL (GENERAL)
Est. value
$14.3M
MEDICAL BUILDING Current
OFFICE BUILDING
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
2014
Heating
NONE
Cooling
Yes
Stories
3
Units
1
Current owner
From public records · entity-resolved
Cpi Ahp Huntsville Madison Mob Owne
Individual
Mailing address
425 7TH ST NE, CHARLOTTESVILLE, VA 22902-4723
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2019
$22,000,000
Cpi Ahp Huntsville Madison Mob Owne
Madison Medical I LLC
Warranty Deed
$530,326,528 · Capital One Bank NA
Feb 28, 2019
—
Health Care Authority Of The C
Madison Medical I LLC
Warranty Deed
—
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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