Property profile

1535 Market NE Dr Arab, AL 35016

OFF-MARKET
Warehouses
Property ID
US03-0794010
8,000 SF 1.53 ac lot Built 2010
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2010
Total area 8,000 SF
Lot 1.53 ac (66,647 SF)
Zoning code 11
APN 14-04-18-0-000-001.004
UPID US03-0794010

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility

Location

1535 Market NE Dr Arab, AL 35016-7601
Arab metro Census 30501 ALBERTVILLE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
$530k
Comparable Approach Comparable
$729k
Blend (final) Blend
$630k

Owner & transaction history

since 2023
Last sale
$650,000
4 recorded transactions
2023
$650,000
2023
Price N/A
2020
Price N/A
2009
Price N/A

Zoning & alternative use

11 · Arab, AL
Top alternative use upside
Office building $775,000 +91.5%
Apartment house (5+ units) $725,000 +78.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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