Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,900,000
Retail properties & Spaces
1146 Industrial Park Dr Pell City, AL 35125-1592
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US03-1532105
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2002
Total area
5,892 SF
Lot
2.15 ac (93,654 SF)
APN
22-09-32-0-002-002.008
UPID
US03-1532105
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
-
Ironworker Skills Institute Training Center
-
Garrison Steel & Ironworker Skills Institute High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.90M
Owner & transaction history
Jl Garrison Investments LLC · 1 yrs held
Jl Garrison Investments LLC
since 2024
Last sale
$4.9M
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 Pell City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pell City 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
$4,900,000
ML approach
$4,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.90M
Range $4.41M – $5.39M · ±10% · vs last sale $4.90M (Nov 5 2024)
Last sale anchor
$4.90M
Nov 5 2024
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
$832 / 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
$2,376
Tax year 2022
Assessed value
$64,034
Assessed 2023
Previous assessed
$57,962
+10.5% YoY
Effective rate
3.71%
On assessed value
Assessed land
$11,740
Assessed improvement
$52,294
Land market value
$58,700
Improvement market value
$261,470
Total market value
$320,170
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
2002
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
5,892 SF
Lot
2.15 ac (93,654 SF)
APN
22-09-32-0-002-002.008
UPID
US03-1532105
Jurisdiction
ST CLAIR
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
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.15 ac
Current owner
From public records · entity-resolved
Jl Garrison Investments LLC
Entity
Mailing address
3332 KELLY CRK RD, ODENVILLE, AL 35120-5018
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2025
—
Jl Garrison Investments LLC
—
Deed
related
$1,979,000 · Southern Development Council INC
Nov 5, 2024
$4,900,000
Jl Garrison Investments LLC
Jw Garrison Holdings LLC
Warranty Deed
$1,979,000 · Southern Development Council INC
Oct 23, 2019
—
J W Garrison Investments INC
J W Garrison Holdings LLC
Warranty Deed
$233,881 · Valley National Bank
May 19, 2017
—
J W Garrison Investments INC
—
Deed
related
$250,000 · Usameribank
Jul 12, 2016
—
J W Garrison Investments INC
—
Deed
related
$590,000 · Usameribank
Dec 22, 2015
$250,000
J W Garrison Investments INC
American Waste Services LLC
Warranty Deed
related
$340,000 · Usameribank
Oct 28, 2003
—
Jacobs,barry
Ervin,bruce & Bouvier
Grant Deed
related
—
—
—
J W Garrison Investments INC
—
Deed Of Trust
related
$590,000 · Usameribank
—
—
J W Garrison Investments INC
—
Deed Of Trust
related
$250,000 · Usameribank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1146 Industrial Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.