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Property profile & analytics
OFF-MARKET
Turn key restaurants
114 Jordan NW Ln Huntsville, AL 35805-2618
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US03-0394203
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1968
Construction
MIXED
Total area
1,800 SF
Lot
1.01 ac (43,778 SF)
APN
17-02-04-1-000-065.000
UPID
US03-0394203
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
-
Tim's Cajun Kitchen Restaurant
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
Timmy J Faul · 15 yrs held
Timmy J Faul
since 2011
7 recorded transactions
Zoning & alternative use
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 Huntsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntsville 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
$6,477
Tax year 2023
Assessed value
$111,680
Assessed 2023
Previous assessed
$90,180
+23.8% YoY
Effective rate
5.80%
On assessed value
Assessed land
$35,020
Assessed improvement
$76,660
Land market value
$175,100
Improvement market value
$383,300
Total market value
$558,400
Applied tax rate
2.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1968
Construction
MIXED
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Units
1
Bathrooms
1
Total area
1,800 SF
Lot
1.01 ac (43,778 SF)
APN
17-02-04-1-000-065.000
UPID
US03-0394203
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1968
Construction
MIXED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Timmy J Faul
Individual
Mailing address
114 JORDAN LN NW, HUNTSVILLE, AL 35805-2618
Ownership since
2011
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
Sep 12, 2023
—
Timmy J Faul
—
Deed
related
$196,656 · Bank Independent
May 12, 2020
—
Timmy J Faul
—
Deed
related
$238,013 · Bank Independent
Jul 14, 2011
$49,500
Timmy J Faul
Faul,timmy J
Quit Claim Deed
related
—
—
—
Timmy J Faul
—
Deed Of Trust
related
$260,000 · Private Individual
—
—
Tim J Faul
—
Deed Of Trust
related
$35,844 · Capitalsouth Bank
—
—
Tim J Faul
—
Deed Of Trust
related
$4,370 · Capitalsouth Bank
—
—
Tim J Faul
—
Deed Of Trust
related
$30,000 · Capitalsouth Bank
—
—
Tim J Faul
—
Deed Of Trust
related
$7,712 · Capitalsouth Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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