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Property profile & analytics
OFF-MARKET
Commercial land
120 23rd NW Ter Center Point, AL 35215-3614
Entity Owned
1-yr Hold
Free & Clear
Property ID
US03-0991854
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Total area
1,225 SF
Lot
0.34 ac (15,000 SF)
Zoning code
R1
APN
12-00-18-2-002-015.000
UPID
US03-0991854
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Moletta American Investment LLC · 1 yrs held
Moletta American Investment LLC
since 2025
Last sale
$1,613
7 recorded transactions
Zoning & alternative use
R1 · Center Point, AL
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 Center Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Center Point 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 2022Property tax & assessments
Tax year 2022
Assessed value
$1,160
Assessed 2023
Previous assessed
$1,160
+0.0% YoY
Assessed land
$1,160
Land market value
$5,800
Total market value
$5,800
Applied tax rate
47.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
2
Total area
1,225 SF
Lot
0.34 ac (15,000 SF)
Zoning code
R1
APN
12-00-18-2-002-015.000
UPID
US03-0991854
Jurisdiction
JEFFERSON
Zoning & alternative use
R1 · Center Point, AL
Zoning R1 · permitted uses
R1 · Center Point, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Center Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Moletta American Investment LLC
Entity
Free & Clear · 1 yrs held
Mailing address
120 23RD TER NW, CENTER POINT, AL 35215-3614
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2025
$1,613
Moletta American Investment LLC
Rose Sharon Sanderson
Warranty Deed
—
Feb 27, 2024
$2,629
Moletta American Investment LLC
Alabama State Of Land Commissioner
Warranty Deed
—
Feb 27, 2024
$1,213
Moletta American Investment LLC
Alabama State Of Land Commissioner
Warranty Deed
—
Feb 27, 2024
$445
Moletta American Investment LLC
Alabama State Of Land Commissioner
Warranty Deed
—
Feb 13, 2024
$395
Moletta American Investment LLC
Alabama State Of Land Commissioner
Warranty Deed
—
Dec 1, 1994
$63,900
Rose Sanderson
Sanderson,rose
Grant Deed
related
—
Dec 1, 1989
$53,000
James M Moore
—
Deed Of Trust
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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