Property profile

115 Main St Arab, AL 35016

OFF-MARKET
Office buildings
Property ID
US03-0984578
7,200 SF 0.5 ac lot Built 1950
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Construction WOOD
Total area 7,200 SF
Lot 0.5 ac (21,780 SF)
Zoning code 11
APN 13-07-26-1-001-047.000
UPID US03-0984578

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Volunteer Organization Community Center
  • Home Decor Store

Location

115 Main St Arab, AL 35016-1354
Arab metro Census 30502 ALBERTVILLE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$607k
Blend (final) Blend
$765k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

11 · Arab, AL
Top alternative use upside
Commercial (general) $1.1M +57.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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