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Property profile & analytics
OFF-MARKET
Estimated value
$5,715,000
Investment properties
16054 Hwy 280 Chelsea, AL 35043-8412
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US03-1314212
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2007
Total area
36,484 SF
Lot
4.97 ac (216,493 SF)
APN
97260001023000
UPID
US03-1314212
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.71M
Blend (final)
Blend
$5.72M
Owner & transaction history
Swnc-chelsea Crossings LLC · 7 yrs held
Swnc-chelsea Crossings LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.7M
+41.1%
Office building
$5.4M
+13.5%
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 Chelsea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelsea 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,725,000
Current use
MEDICAL BUILDING
$6,670,000
Change: +41% · Conversion: Easy
OFFICE BUILDING
$5,360,000
Change: +13% · Conversion: Easy
RETAIL STORES
$4,555,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$5.72M
Range $5.14M – $6.29M · ±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
$157 / 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
$43,787
Tax year 2023
Assessed value
$995,160
Assessed 2023
Previous assessed
$995,160
+0.0% YoY
Effective rate
4.40%
On assessed value
Land market value
$2,725,530
Improvement market value
$2,250,180
Total market value
$4,975,710
Applied tax rate
17.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
8
Bathrooms
1
Total area
36,484 SF
Lot
4.97 ac (216,493 SF)
APN
97260001023000
UPID
US03-1314212
Jurisdiction
SHELBY
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
COMMERCIAL (GENERAL) Current
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$6.7M
OFFICE BUILDING
Est. value
$5.4M
RETAIL STORES
Est. value
$4.6M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
1
Lot
4.97 ac
Current owner
From public records · entity-resolved
Swnc-chelsea Crossings LLC
Entity
Mailing address
1616 2ND AVE S STE #100, BIRMINGHAM, AL 35233-1713
Ownership since
2018
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
Aug 22, 2018
$13,134,000
Swnc-chelsea Crossings LLC
Chelsea Crossings LLC
Warranty Deed
$12,645,000 · Miscellaneous Ins Co
Oct 19, 2015
$3,648,751
Chelsea Crossing LLC
Gccfc 2007-gg11 Route 280 LLC
Special Warranty Deed
$2,350,000 · First Us Bank
Jan 18, 2013
$5,055,383
Gccfc 2007-gg11 Route 280 LLC
Auctioneer Of Shelby County
Trustees Deed
related
—
Jun 26, 2007
—
Mjm Chelsea LLC
Owner Name Unavailable
Grant Deed
related
—
Apr 13, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Dec 1, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Chelsea Crossings LLC
—
Loan Modification
related
$3,281,659 · First Us Bk
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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