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Property profile & analytics
OFF-MARKET
Warehouses
1655 George Wallace Hwy Russellville, AL 35654-6815
Individually Owned
1-yr Hold
Free & Clear
Property ID
US03-2481313
Property summary
AI-generated overview
This 9,000± sq ft commercial property in Russellville, Alabama, is situated on a 1.14-acre corner lot with 235 feet of road frontage on Highway 43, boasting 15,000 daily vehicles. The building features two separate entrances, ideal for diverse retail uses. Currently, a tire shop leases the front retail space for $700/month, while the rear two-bay area was previously used as a mechanic shop. Additional features include a kitchen, office space, and storage area. The property offers ample room for expansion with the potential to construct an additional structure. A simultaneous live and online auction is scheduled for October 25th, 2024, at 12:00 PM. A preview begins at 11:00 AM. Included in the auction are various commercial and personal items such as coolers, shelving, freezers, kitchen equipment, shop equipment, and more. This presents a significant commercial opportunity on a high-traffic highway. The asking price is $250,000.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
5,586 SF
Lot
1.14 ac (49,658 SF)
APN
22-08-27-0-004-001.000
UPID
US03-2481313
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
-
Chapines Tire Shop Auto Repair Shop
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
Pablo Juan Machic · 1 yrs held
Pablo Juan Machic
since 2024
Last sale
$99,000
2 recorded transactions
Zoning & alternative use
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 Russellville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Russellville 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
$885
Tax year 2023
Assessed value
$22,540
Assessed 2023
Previous assessed
$22,540
+0.0% YoY
Effective rate
3.93%
On assessed value
Land market value
$14,800
Improvement market value
$97,900
Total market value
$112,700
Applied tax rate
8.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
SPACE
Buildings
2
Stories
1
Total area
5,586 SF
Lot
1.14 ac (49,658 SF)
APN
22-08-27-0-004-001.000
UPID
US03-2481313
Jurisdiction
COLBERT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
SPACE
Stories
1
Buildings
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
Pablo Juan Machic
Individual
Free & Clear · 1 yrs held
Mailing address
1655 GEORGE WALLACE HWY, RUSSELLVILLE, AL 35654-6815
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
$99,000
Pablo Juan Machic
Phillip Banks
Warranty Deed
—
Mar 2, 2021
—
Phillip L Banks
Phillip L Banks
Intrafamily Transfer
related
—
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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