Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,895,000
Banks
118 Jefferson S St Huntsville, AL 35801-4818
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US03-0429595
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1948
Total area
17,267 SF
Lot
0.15 ac (6,534 SF)
APN
14-07-36-3-003-035.000
UPID
US03-0429595
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
-
parkingmgt.com Parking Lot & Garage
-
Trustmark Bank Loan Service
-
Ivaldi Engineering General Contractor
-
Kim Sablich - Mortgage Loan Originator NMLS# 1322800 Loan Service Bank
-
Corinthian Mortgage Corporation Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.90M
Owner & transaction history
Jefferson Corner LLC · 4 yrs held
Jefferson Corner LLC
since 2021
Last sale
$2.7M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.4M
+78.9%
Medical building
$2.1M
+57.4%
Office building
$2.0M
+48.7%
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
Method
Estimation
Statistic approach
$3,040,000
ML approach
$3,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,420,000
Change: +79% · Conversion: Difficult
MEDICAL BUILDING
$2,125,000
Change: +57% · Conversion: Difficult
OFFICE BUILDING
$2,010,000
Change: +49% · Conversion: Difficult
RESTAURANT
$1,935,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.18M · ±10% · vs last sale $2.73M (Sep 16 2021)
Last sale anchor
$2.73M
Sep 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
$168 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$16,478
Tax year 2023
Assessed value
$284,100
Assessed 2023
Previous assessed
$219,220
+29.6% YoY
Effective rate
5.80%
On assessed value
Assessed land
$78,080
Assessed improvement
$206,020
Land market value
$780,800
Improvement market value
$2,060,200
Total market value
$2,841,000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1948
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Bathrooms
1
Total area
17,267 SF
Lot
0.15 ac (6,534 SF)
APN
14-07-36-3-003-035.000
UPID
US03-0429595
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.0M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RESTAURANT
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
1948
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Jefferson Corner LLC
Entity
Mailing address
300 PRATT AVE NE, HUNTSVILLE, AL 35801-4009
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2021
$2,732,650
Jefferson Corner LLC
Commonwealth Savingshares Corporati
Warranty Deed
$3,380,380 · Renasant Bank
May 11, 2016
$1,905,000
Commonwealth Savingshares Corp
Southbank Fsb
Warranty Deed
—
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 118 Jefferson S St?
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.
