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Property profile & analytics
OFF-MARKET
Estimated value
$7,005,000
Strip malls
1048 Brindlee Mtn Pkwy, Arab, AL 35016-1064
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0893852
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Total area
79,060 SF
Lot
6.35 ac (276,551 SF)
Zoning code
11
APN
13-06-14-4-000-090.000
UPID
US03-0893852
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
-
Farmers Home Furniture | Arab, AL Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.01M
Owner & transaction history
Creek Ridge Properties LLC · 1 yrs held
Creek Ridge Properties LLC
since 2025
1 recorded transaction
Zoning & alternative use
11 · Arab, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Arab submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arab 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,495,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$11,035,000
Change: 0% · Conversion: Moderate
RESTAURANT
$9,745,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,865,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,315,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$6,225,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$5,950,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$7.01M
Range $6.30M – $7.71M · ±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
$89 / 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
$11,736
Tax year 2023
Assessed value
$943,500
Assessed 2023
Previous assessed
$943,500
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$93,760
Assessed improvement
$849,740
Land market value
$468,800
Improvement market value
$4,248,700
Total market value
$4,717,500
Applied tax rate
11.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1970
Heating
SPACE
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
3
Total area
79,060 SF
Lot
6.35 ac (276,551 SF)
Zoning code
11
APN
13-06-14-4-000-090.000
UPID
US03-0893852
Jurisdiction
MARSHALL
Zoning & alternative use
11 · Arab, AL
Zoning 11 · permitted uses
11 · Arab, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arab. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$11.5M
OFFICE BUILDING
Est. value
$11.0M
RESTAURANT
Est. value
$9.7M
AUTO REPAIR, GARAGE
Est. value
$7.9M
WAREHOUSE, STORAGE
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$6.2M
RETAIL STORES
Est. value
$6.0M
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1970
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Bathrooms
3
Lot
6.35 ac
Current owner
From public records · entity-resolved
Creek Ridge Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
992 N BRINDLEE MTN PKWY, ARAB, AL 35016-1065
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
$3,650,000
Creek Ridge Properties LLC
Mcdonald Properties 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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