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Property profile & analytics
OFF-MARKET
Warehouses
11120 Sleepy Vly Rd Northport, AL 35475-2846
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-2152142
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Total area
2,400 SF
Lot
1.3 ac (56,628 SF)
Zoning code
AG
APN
20-05-15-0-005-049.000
UPID
US03-2152142
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
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
Advanced Mini Storage II LLC · 7 yrs held
Advanced Mini Storage II LLC
since 2018
4 recorded transactions
Zoning & alternative use
AG · Northport, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The AG district is intended to provide areas for agricultural uses, low-density, rural living and compatible uses, protected from encroachment of urban development
Zone name
Agriculture
General category
AGRICULTURAL
Zone area
771.00 ac
Source
Realmo
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 Northport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northport 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,594
Tax year 2023
Assessed value
$49,960
Assessed 2023
Previous assessed
$35,820
+39.5% YoY
Effective rate
3.19%
On assessed value
Assessed land
$1,060
Assessed improvement
$48,900
Land market value
$5,300
Improvement market value
$244,500
Total market value
$249,800
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
NONE
Buildings
3
Total area
2,400 SF
Lot
1.3 ac (56,628 SF)
Zoning code
AG
APN
20-05-15-0-005-049.000
UPID
US03-2152142
Jurisdiction
TUSCALOOSA
Zoning & alternative use
AG · Northport, ALZoning AG · permitted uses
AG · Northport, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The AG district is intended to provide areas for agricultural uses, low-density, rural living and compatible uses, protected from encroachment of urban development
Zone name
Agriculture
General category
AGRICULTURAL
Zone area
771.00 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Buildings
3
Lot
1.3 ac
Current owner
From public records · entity-resolved
Advanced Mini Storage II LLC
Entity
Free & Clear · 7 yrs held
Mailing address
5645 HWY 43RD N, NORTHPORT, AL 35473-8256
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
—
Advanced Mini Storage II LLC
—
Deed
related
$1,508,640 · United Community Bank
Nov 30, 2022
—
Advanced Mini Storage II LLC
—
Deed
related
$1,203,120 · Trustmark National Bank
Nov 5, 2018
—
Advanced Mini Storage II LLC
Palms LLC
Warranty Deed
—
Jun 13, 2016
—
Palms LLC
Robert E Anderson
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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