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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Drive through restaurants
1300 Gilmer Ave Tallassee, AL 36078-1026
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-1313604
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,782 SF
Lot
0.55 ac (23,958 SF)
APN
19-01-12-3-002-003.000
UPID
US03-1313604
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
-
Hardee's Restaurant Take-out & Catering
-
Coinstar Bank Credit Union
-
Cardtronics ATM Atm
-
MoneyGram Bank Credit Union
-
Secure Shippers Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Pig Properties LLC · 1 yrs held
Pig Properties LLC
since 2025
Last sale
$700,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$520,000
+23.7%
Office building
$455,000
+8.1%
Commercial (general)
$440,000
+3.7%
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 Tallassee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tallassee 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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$420,000
Current use
RETAIL STORES
$520,000
Change: +24% · Conversion: Easy
OFFICE BUILDING
$455,000
Change: +8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$440,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Mar 19 2024)
Last sale anchor
$700k
Mar 19 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
$185 / 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
$3,998
Tax year 2023
Assessed value
$649,720
Assessed 2023
Previous assessed
$129,944
+400.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$89,840
Assessed improvement
$559,880
Land market value
$89,840
Improvement market value
$559,880
Total market value
$649,720
Applied tax rate
4.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
1
Bathrooms
0
Total area
3,782 SF
Lot
0.55 ac (23,958 SF)
APN
19-01-12-3-002-003.000
UPID
US03-1313604
Jurisdiction
ELMORE
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
RESTAURANT Current
Est. value
$420,000
RETAIL STORES
Est. value
$520,000
OFFICE BUILDING
Est. value
$455,000
COMMERCIAL (GENERAL)
Est. value
$440,000
RESTAURANT Current
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
0
Lot
0.55 ac
Current owner
From public records · entity-resolved
Pig Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2601 NW EXPY STE 100W, OKLAHOMA CITY, OK 73112-7217
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
—
Pig Properties LLC
Paradigm Investment Group LLC
Warranty Deed
—
Mar 19, 2024
$700,000
Paradigm Investment Group LLC
Micromont Holdings 6 LLC
Special Warranty Deed
—
Nov 27, 2023
—
Micromont Holdings 6 LLC
—
Deed
related
$817,300 · Pine23 Mm LLC
Mar 11, 2021
$650,000
Micromont Holdings 6 LLC
Tung Lin Fang
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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