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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Grocery and convenience stores
1130 Main St Gardendale, AL 35071
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US03-3045165
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1965
Total area
1,864 SF
Lot
0.58 ac (25,050 SF)
Zoning code
C2
APN
14-00-12-3-012-001.000
UPID
US03-3045165
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
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$615k
Blend (final)
Blend
$830k
Owner & transaction history
Aask Investments LLC · 4 yrs held
Aask Investments LLC
since 2021
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
C2 · Gardendale, 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 Gardendale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardendale 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
$780,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $850k (Nov 16 2021)
Last sale anchor
$850k
Nov 16 2021
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
$445 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,443
Tax year 2022
Assessed value
$129,880
Assessed 2023
Previous assessed
$107,200
+21.2% YoY
Effective rate
4.96%
On assessed value
Assessed land
$35,080
Assessed improvement
$94,800
Land market value
$175,400
Improvement market value
$474,000
Total market value
$649,400
Applied tax rate
10.0000
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
1965
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,864 SF
Lot
0.58 ac (25,050 SF)
Zoning code
C2
APN
14-00-12-3-012-001.000
UPID
US03-3045165
Jurisdiction
JEFFERSON
Zoning & alternative use
C2 · Gardendale, AL
Zoning C2 · permitted uses
C2 · Gardendale, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gardendale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Aask Investments LLC
Entity
Mailing address
3089 ARBOR BND, HOOVER, AL 35244-1573
Ownership since
2021
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 16, 2021
$850,000
Aask Investments LLC
Teg & Raj Food Mart LLC
Warranty Deed
$680,000 · First Financial
Jan 10, 2020
$250,000
Gardendale Prof Buildings LLC
Samaritans Purse
Warranty Deed
—
May 3, 2017
$760,000
Teg & Raj Food Mart LLC
Malhi,kashmir & Pushapdeep
Warranty Deed
$550,000 · Private Individual
Nov 24, 2010
$375,000
Malhi,kashmir & Pushapdeep
Owner Name Unavailable
Grant Deed
related
—
Mar 22, 2007
—
Gardendale Chevron INC
Thomas,william K
Warranty Deed
$650,000 · Wachovia Bk/sc
Sep 19, 2006
—
Thomas,william K
Thomas William C
Quit Claim Deed
related
—
May 1, 1994
$755,000
Chevron U S A INC
Unknown
Grant Deed
—
—
—
Kashmir Malhi
—
Deed Of Trust
related
$350,000 · Private Individual
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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