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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Office buildings
1510 Brindlee Mtn Pkwy Arab, AL 35016-5723
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0603795
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
WOOD
Total area
8,412 SF
Lot
1.11 ac (48,352 SF)
Zoning code
11
APN
13-06-14-1-000-004.000
UPID
US03-0603795
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
-
Encore Rehabilitation - Arab Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$961k
Blend (final)
Blend
$700k
Owner & transaction history
Amrut 1 LLC · 2 yrs held
Amrut 1 LLC
since 2024
Last sale
$700,000
5 recorded transactions
Zoning & alternative use
11 · Arab, 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 Arab submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arab 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
OFFICE BUILDING
$815,000
Current use
APARTMENT HOUSE (5+ UNITS)
$760,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Jan 23 2024)
Last sale anchor
$700k
Jan 23 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
$83 / 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
$7,749
Tax year 2023
Assessed value
$191,340
Assessed 2023
Previous assessed
$191,340
+0.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$25,080
Assessed improvement
$166,260
Land market value
$125,400
Improvement market value
$831,300
Total market value
$956,700
Applied tax rate
11.0000
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
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
14
Bathrooms
2
Total area
8,412 SF
Lot
1.11 ac (48,352 SF)
Zoning code
11
APN
13-06-14-1-000-004.000
UPID
US03-0603795
Jurisdiction
MARSHALL
Zoning & alternative use
11 · Arab, AL
Zoning 11 · permitted uses
11 · Arab, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arab. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$815,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$760,000
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
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
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
14
Bathrooms
2
Lot
1.11 ac
Current owner
From public records · entity-resolved
Amrut 1 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
48 LEGACY CIR, ARAB, AL 35016-0029
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2024
$700,000
Amrut 1 LLC
A&d Investments INC
Warranty Deed
—
Aug 31, 2022
—
A & D Investments INC
—
Deed
related
$233,000 · Family Savings Cu
Dec 18, 2020
—
A&d Investments INC
—
Deed
related
$395,000 · Family Savings Cu
Aug 31, 2017
$58,500
Jennifer S Gant
A & D Motors INC
Warranty Deed
—
Dec 22, 2011
$725,250
A & D Investments INC
Mason,phillip W & Karen C
Warranty Deed
$616,250 · Evabank
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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