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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Manufacturing properties
1315 Industrial Blvd Boaz, AL 35957-1036
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0356462
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Total area
52,908 SF
Lot
3.63 ac (158,123 SF)
Zoning code
12
APN
19-07-25-0-000-048.003
UPID
US03-0356462
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
$810k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$810k
Owner & transaction history
Associate Jobbers Warehouse In · 11 yrs held
Associate Jobbers Warehouse In
since 2015
4 recorded transactions
Zoning & alternative use
12 · Boaz, AL
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 Boaz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boaz 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
by Request
ML approach
$810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,115,000
Current use
Blend value · Realmo final
$810k
Range $729k – $891k · ±10%
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
$15 / 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
$5,207
Tax year 2023
Assessed value
$104,140
Assessed 2023
Previous assessed
$104,140
+0.0% YoY
Effective rate
5.00%
On assessed value
Assessed land
$14,880
Assessed improvement
$89,260
Land market value
$74,400
Improvement market value
$446,300
Total market value
$520,700
Applied tax rate
12.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1985
Heating
GRAVITY
Cooling
YES
Stories
1
Units
1
Rooms
3
Bathrooms
1
Total area
52,908 SF
Lot
3.63 ac (158,123 SF)
Zoning code
12
APN
19-07-25-0-000-048.003
UPID
US03-0356462
Jurisdiction
MARSHALL
Zoning & alternative use
12 · Boaz, ALZoning 12 · permitted uses
12 · Boaz, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2021 1154 Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
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
1985
Heating
GRAVITY
Cooling
Yes
Stories
1
Units
1
Rooms
3
Bathrooms
1
Lot
3.63 ac
Current owner
From public records · entity-resolved
Associate Jobbers Warehouse In
Individual
Free & Clear · 11 yrs held
Mailing address
285 ROBERTSON DR, ALTOONA, AL 35952-7081
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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 8, 2015
$250,000
Associate Jobbers Warehouse In
Wells Fargo Bk NA
Warranty Deed
—
Jan 30, 2015
$297,000
Wells Fargo Bk NA
Auctioneer Of Marshall County|atmore-brewton-marsh
Trustees Deed
related
—
May 9, 2007
—
Michael W Dendy
Ward,ronald D
Grant Deed
related
—
—
—
Associate Jobbers Warehouse In
—
Deed Of Trust
related
$2,500,000 · First Bk/boaz
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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