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Property profile & analytics
OFF-MARKET
Office buildings
1426 22nd Ave Tuscaloosa, AL 35401-2940
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US03-0852189
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
WOOD
Total area
3,762 SF
Lot
0.22 ac (9,484 SF)
Zoning code
BGO
APN
31-05-22-4-038-024.000
UPID
US03-0852189
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
-
Brian D Turner Law Firm
-
Turner and Turner, P.C. - Attorneys at Law Law Firm
-
Turner Richard D Law Firm
-
Tipton Ritchie Law Firm
-
Murphy & Murphy Law Firm
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
Palms LLC · 1 yrs held
Palms LLC
since 2024
Last sale
$10,000
7 recorded transactions
Zoning & alternative use
BGO · Tuscaloosa, 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 Tuscaloosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tuscaloosa 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
$5,367
Tax year 2023
Assessed value
$104,220
Assessed 2023
Previous assessed
$104,220
+0.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$22,760
Assessed improvement
$81,460
Land market value
$113,800
Improvement market value
$407,300
Total market value
$521,100
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
14
Bathrooms
1
Total area
3,762 SF
Lot
0.22 ac (9,484 SF)
Zoning code
BGO
APN
31-05-22-4-038-024.000
UPID
US03-0852189
Jurisdiction
TUSCALOOSA
Zoning & alternative use
BGO · Tuscaloosa, AL
Zoning BGO · permitted uses
BGO · Tuscaloosa, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tuscaloosa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
14
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Palms LLC
Entity
Mailing address
1426 22ND AVE, TUSCALOOSA, AL 35401-2940
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Dec 4, 2024
$10,000
Palms LLC
Advanced Mini Storage II
Warranty Deed
—
Jul 8, 2024
—
Debra M Peters
—
Deed
related
$30,000 · Peters Debra M
Mar 13, 2024
—
Candace Leigh Cooley
David S Battles
Warranty Deed
—
Feb 29, 2024
—
Meghann Caroline Hedden
Stanley R Roberts
Warranty Deed
—
Jan 5, 2024
—
Donald Bruce Boggs
Eady Sheila Gail Boggs Executor Of
Warranty Deed
—
Aug 12, 2019
—
Turner Rentals LLC
—
Deed
related
$375,000 · Renasant Bank
Aug 1, 2014
—
Turner Rentals
Turner Brian D 50int &
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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