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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail properties & Spaces
114 Chalkville Rd Trussville, AL 35173-1408
Entity Owned
8-yr Hold
Free & Clear
Property ID
US03-0755083
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1960
Total area
4,000 SF
Lot
0.16 ac (6,875 SF)
Zoning code
I1
APN
12-00-26-1-005-008.000
UPID
US03-0755083
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
$527k
Blend (final)
Blend
$505k
Owner & transaction history
Downtown Trussville LLC · 8 yrs held
Downtown Trussville LLC
since 2017
6 recorded transactions
Zoning & alternative use
I1 · Trussville, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$635,000
+110.8%
Auto repair, garage
$565,000
+87.4%
Neighborhood: shopping center
$565,000
+86.8%
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 Trussville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trussville 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
MEDICAL BUILDING
$635,000
Change: +111% · Conversion: Difficult
AUTO REPAIR, GARAGE
$565,000
Change: +87% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: +87% · Conversion: Difficult
COMMERCIAL (GENERAL)
$505,000
Change: +68% · Conversion: Difficult
RETAIL STORES
$385,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$126 / 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
$3,127
Tax year 2022
Assessed value
$92,900
Assessed 2023
Previous assessed
$50,360
+84.5% YoY
Effective rate
3.37%
On assessed value
Assessed land
$24,760
Assessed improvement
$68,140
Land market value
$123,800
Improvement market value
$340,700
Total market value
$464,500
Applied tax rate
6.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1960
Heating
SPACE
Stories
1
Total area
4,000 SF
Lot
0.16 ac (6,875 SF)
Zoning code
I1
APN
12-00-26-1-005-008.000
UPID
US03-0755083
Jurisdiction
JEFFERSON
Zoning & alternative use
I1 · Trussville, AL
Zoning I1 · permitted uses
I1 · Trussville, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trussville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$565,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$505,000
RETAIL STORES
Est. value
$385,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1960
Heating
SPACE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Downtown Trussville LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 130932, BIRMINGHAM, AL 35213-0932
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2019
—
Downtown Trussville LLC
—
Loan Modification
related
$4,106,070 · Servisfirst Bk
Jul 24, 2019
—
Downtown Trussville LLC
—
Loan Modification
related
$3,675,000 · Servisfirst Bk
Feb 14, 2019
—
Downtown Trussville LLC
—
Loan Modification
related
$3,450,000 · Servisfirst Bk
Oct 31, 2017
$2,439,500
Downtown Trussville LLC
Trussville Dev Eat LLC
Warranty Deed
—
Jul 26, 2017
$425,000
Trussville Development Eat LLC
Hicks Loren Lee SR Estate
Warranty Deed
—
—
—
Downtown Trussville LLC
—
Deed Of Trust
related
$500,000 · City Of Trussville
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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