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Property profile & analytics
OFF-MARKET
Estimated value
$4,015,000
Grocery and convenience stores
1101 Southview Ln Tuscaloosa, AL 35405-6389
Entity Owned
12-yr Hold
Free & Clear
Property ID
US03-0702091
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
45,600 SF
Lot
9.1 ac (396,396 SF)
Zoning code
BN
APN
36-06-23-0-001-017.010
UPID
US03-0702091
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
-
Publix Super Market at Capital Market Center Specialty Food Shop Supermarket
-
Capital Market Center Grocery & Convenience Store Food Market
-
Primo Water Refill Big Box & Wholesale Store
-
Publix Pharmacy at Capital Market Center Pharmacy
-
higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.02M
Owner & transaction history
01253 Capital L · 12 yrs held
01253 Capital L
since 2013
3 recorded transactions
Zoning & alternative use
BN · Tuscaloosa, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.6M
+29.3%
Commercial (general)
$5.3M
+21.7%
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 Tuscaloosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tuscaloosa 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
RETAIL STORES
$4,315,000
Current use
OFFICE BUILDING
$5,580,000
Change: +29% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,250,000
Change: +22% · Conversion: Easy
MEDICAL BUILDING
$4,120,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$4.02M
Range $3.61M – $4.42M · ±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
$88 / 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
$88,019
Tax year 2023
Assessed value
$1,709,100
Assessed 2023
Previous assessed
$1,730,220
-1.2% YoY
Effective rate
5.15%
On assessed value
Assessed land
$728,000
Assessed improvement
$981,100
Land market value
$3,640,000
Improvement market value
$4,905,500
Total market value
$8,545,500
Applied tax rate
4.0000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
3
Bathrooms
1
Total area
45,600 SF
Lot
9.1 ac (396,396 SF)
Zoning code
BN
APN
36-06-23-0-001-017.010
UPID
US03-0702091
Jurisdiction
TUSCALOOSA
Zoning & alternative use
BN · Tuscaloosa, AL
Zoning BN · permitted uses
BN · Tuscaloosa, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tuscaloosa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.3M
OFFICE BUILDING
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$5.3M
MEDICAL BUILDING
Est. value
$4.1M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
3
Bathrooms
1
Lot
9.1 ac
Current owner
From public records · entity-resolved
01253 Capital L
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 1864, ATHENS, GA 30603-1864
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
1101 Southview Lane LLC
—
Deed
related
$6,050,000 · Synovus Bank
May 15, 2017
—
1101 Southview Lane LLC
—
Deed
related
$61,615,300 · Suntrust Bank
Dec 19, 2013
$9,340,000
01253 Capital L
Capital Market Center Hwy 69
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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