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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1101 Bankhead W Hwy Birmingham, AL 35204-1328
Entity Owned
1-yr Hold
Free & Clear
Property ID
US03-0722399
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1986
Construction
STEEL FRAME
Total area
2,349 SF
Lot
2.04 ac (88,732 SF)
Zoning code
B2
APN
22-00-28-1-008-005.000
UPID
US03-0722399
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
-
QUICK STOP Gas Station
-
A & A ENTERPRISES Gas Station
-
Alpha Food Mart # 3 Gas Station
-
Car Wash Car Wash
-
LibertyX Bitcoin ATM Atm
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
Prosper Saak LLC · 1 yrs held
Prosper Saak LLC
since 2025
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
B2 · Birmingham, 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 Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham 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 2022Property tax & assessments
Tax year 2022
Tax billed
$4,173
Tax year 2022
Assessed value
$68,200
Assessed 2023
Previous assessed
$57,560
+18.5% YoY
Effective rate
6.12%
On assessed value
Assessed land
$29,960
Assessed improvement
$38,240
Land market value
$149,800
Improvement market value
$191,200
Total market value
$341,000
Applied tax rate
38.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
2,349 SF
Lot
2.04 ac (88,732 SF)
Zoning code
B2
APN
22-00-28-1-008-005.000
UPID
US03-0722399
Jurisdiction
JEFFERSON
Zoning & alternative use
B2 · Birmingham, AL
Zoning B2 · permitted uses
B2 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.04 ac
Current owner
From public records · entity-resolved
Prosper Saak LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1101 BANKHEAD HWY W, BIRMINGHAM, AL 35204-1328
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2025
$600,000
Prosper Saak LLC
Southeast Holding Investment LLC
Warranty Deed
—
Apr 28, 2017
—
Southeast Holding Investment L
—
Deed
related
$150,000 · Bryant Bank
Jul 26, 2010
—
Southeast Holding Inv
Owner Name Unavailable
Grant Deed
related
—
Nov 3, 2005
$110,700
Corretti,johnnie L
Newsom,michael A & Carol A
Warranty Deed
—
Mar 18, 2005
—
Newsom,michael A & Carol A
Newsom Investments LLC
Quit Claim Deed
related
—
Jun 11, 2003
—
Michael A Newsom
Donald,l Newsom
Quit Claim Deed
related
—
Jan 1, 2002
—
Newsom Investments LLC
Newsom,michael A
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
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