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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Office buildings
1609 Cogswell Ave Pell City, AL 35125-1644
Individually Owned
16-yr Hold
Free & Clear
Property ID
US03-3099355
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
WOOD
Total area
5,036 SF
Lot
0.22 ac (9,375 SF)
Zoning code
6
APN
28-01-01-2-004-050.001
UPID
US03-3099355
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
-
Harmon & Williams Llc Law Firm
-
Furr Alan C Law Firm
-
Bain & Co PC: Carlisle Ashley CPA Accounting Firm Tax Preparation
-
Bain & Co CPA Accounting Firm Tax Preparation
-
The Robinson Law Firm, P.C. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$630k
Owner & transaction history
Bmc L L C · 16 yrs held
Bmc L L C
since 2009
4 recorded transactions
Zoning & alternative use
6 · Pell City, 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 Pell City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pell City 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
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$125 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,693
Tax year 2022
Assessed value
$90,076
Assessed 2023
Previous assessed
$90,076
+0.0% YoY
Effective rate
4.10%
On assessed value
Assessed land
$14,260
Assessed improvement
$75,816
Land market value
$71,300
Improvement market value
$379,080
Total market value
$450,380
Applied tax rate
6.0000
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
1989
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
2
Total area
5,036 SF
Lot
0.22 ac (9,375 SF)
Zoning code
6
APN
28-01-01-2-004-050.001
UPID
US03-3099355
Jurisdiction
ST CLAIR
Zoning & alternative use
6 · Pell City, AL
Zoning 6 · permitted uses
6 · Pell City, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pell City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Bmc L L C
Individual
Free & Clear · 16 yrs held
Mailing address
PO BOX 1090, PELL CITY, AL 35125-1090
Ownership since
2009
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
Aug 26, 2009
$375,000
Bmc L L C
Robert L Minor
Warranty Deed
—
May 22, 2009
—
Minor,robert L
—
Trustees Deed
related
$170,505 · Metropolitan Bk
Sep 28, 2005
$196,500
Minor,robert L
Seay,philip K
Grant Deed
—
Nov 30, 1992
$6,780
Billy L Church
Unknown
Grant 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.
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