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Property profile & analytics
OFF-MARKET
Mining land & claims
12398 New Lexington Rd Berry, AL 35546-4210
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0548865
Property profile
Verified
Property type
Mining land & claims
Use group
MINING, MINERAL, QUARRIES
Year built
1999
Construction
STEEL FRAME
Total area
13,632 SF
Lot
41 ac (1,785,960 SF)
APN
03-09-29-0-001-003.002
UPID
US03-0548865
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
Alabama Land Resources INC · 5 yrs held
Alabama Land Resources INC
since 2020
4 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 Berry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berry 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
$5,260
Tax year 2023
Assessed value
$209,780
Assessed 2023
Previous assessed
$209,780
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$21,780
Assessed improvement
$188,000
Land market value
$108,900
Improvement market value
$940,000
Total market value
$1,048,900
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Mining land & claims
Use group
MINING, MINERAL, QUARRIES
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
20
Bathrooms
1
Total area
13,632 SF
Lot
41 ac (1,785,960 SF)
APN
03-09-29-0-001-003.002
UPID
US03-0548865
Jurisdiction
TUSCALOOSA
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
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
20
Bathrooms
1
Lot
41 ac
Current owner
From public records · entity-resolved
Alabama Land Resources INC
Entity
Free & Clear · 5 yrs held
Mailing address
12500 NEW LEXINGTON RD, BERRY, AL 35546-4202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2020
—
Alabama Land Resources INC
Murray Alabama Minerals LLC
Warranty Deed
—
Apr 28, 2016
—
D Jones Farms I
Jim Walter Resources INC
Deed
—
Feb 12, 2016
—
Seminole Coal R
Jim Walter Resources INC
Deed
—
May 31, 2011
—
Jim Walter Resources INC
Chevron Mining INC
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.
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