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Property profile & analytics
OFF-MARKET
Estimated value
$2,440,000
Investment properties
1097 Industrial Pkwy Saraland, AL 36571-3744
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-3135451
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1998
Total area
10,834 SF
Lot
1.34 ac (58,500 SF)
APN
22 03 08 1 000 092.XXX
UPID
US03-3135451
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
-
Saraland Smiles Dental Office
-
Smoothie King Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Ashley Nicole Lovett Physician
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
American Family Care Saraland Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.44M
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$2.44M
Owner & transaction history
Cl Shops At Saraland Al LLC · 1 yrs held
Cl Shops At Saraland Al LLC
since 2024
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+128.8%
Restaurant
$2.1M
+116.2%
Retail stores
$1.9M
+94.5%
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 Saraland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saraland 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
$2,440,000
ML approach
$2,440,000
CAP Approach
CAP Return
Estimation
6%
$2,405,000
6.5%
$2,220,000
7%
$2,060,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,195,000
Change: +129% · Conversion: Easy
RESTAURANT
$2,075,000
Change: +116% · Conversion: Difficult
RETAIL STORES
$1,870,000
Change: +95% · Conversion: Easy
Blend value · Realmo final
$2.44M
Range $2.20M – $2.68M · ±10% · vs last sale $2.44M (Nov 15 2024)
Last sale anchor
$2.44M
Nov 15 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
$225 / 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
$15,758
Tax year 2023
Assessed value
$264,840
Assessed 2023
Previous assessed
$264,840
+0.0% YoY
Effective rate
5.95%
On assessed value
Assessed land
$58,500
Assessed improvement
$206,340
Land market value
$292,500
Improvement market value
$1,031,700
Total market value
$1,324,200
Applied tax rate
16.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
10,834 SF
Lot
1.34 ac (58,500 SF)
APN
22 03 08 1 000 092.XXX
UPID
US03-3135451
Jurisdiction
MOBILE
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
Est. value
$2.2M
RESTAURANT
Est. value
$2.1M
RETAIL STORES
Est. value
$1.9M
MEDICAL BUILDING
RESTAURANT
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Cl Shops At Saraland Al LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3700 CAHABA BCH RD, BIRMINGHAM, AL 35242-5225
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
$2,440,000
Cl Shops At Saraland Al LLC
Dbi Properties LLC
Warranty Deed
—
Jun 23, 2022
—
Dbi Properties LLC
—
Deed
related
$3,470,000 · Truist Bank
Jul 3, 2017
$2,800,000
Dbi Properties LLC
D Bruce Irwin
Warranty Deed
$26,920,000 · Jpmorgan Chase Bank NA
Sep 30, 2010
—
Irwin,d Bruce
Aei Income & Growth Fund Xxi
Grant Deed
$1,343,000 · Aliant Bk
May 15, 2007
$225,000
Amos,john D
Amos-cunningham LLC
Grant Deed
—
Jul 6, 2006
$84,000
Whittington,carl R & Carolyn J
Whittington Carl R Trust
Quit Claim Deed
related
—
—
—
D Bruce Irwin
—
Deed Of Trust
related
$1,997,500 · Bank Of America
—
—
Irwin,d Bruce
—
Loan Modification
related
$1,343,000 · Aliant Bk
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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