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Property profile & analytics
FOR LEASE
Investment properties
1689 Slaughter Rd Madison, AL 35758
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US03-2932353
For Lease
1 / 11
$1,270/Mo
1689 Slaughter Rd, Madison, AL 35758
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2018
Total area
62,675 SF
Lot
5.77 ac (251,341 SF)
APN
15-07-26-3-001-016.001
UPID
US03-2932353
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
-
USA Storage Centers - Madison Storage Facility
-
Zolia Shipman, Coldwell Banker -CK Mann Realty Real Estate Agency
-
Integrity Team Real Estate Agency
-
Deborah Duclerc Real Estate Agency
-
The Luxe Spa & Biz Suites by Tams Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.86M
Blend (final)
Blend
$4.23M
Owner & transaction history
Stor Madal Slaughter LLC · 6 yrs held
Stor Madal Slaughter LLC
since 2020
Last sale
$3.8M
7 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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$5,375,000
ML approach
$5,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.23M
Range $3.81M – $4.65M · ±10% · vs last sale $3.76M (May 29 2020)
Last sale anchor
$3.76M
May 29 2020
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
$67 / 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
$29,537
Tax year 2023
Assessed value
$821,620
Assessed 2023
Previous assessed
$821,620
+0.0% YoY
Effective rate
3.59%
On assessed value
Assessed land
$150,800
Assessed improvement
$670,820
Land market value
$754,000
Improvement market value
$3,354,100
Total market value
$4,108,100
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
For Lease
Year built
2018
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
62,675 SF
Lot
5.77 ac (251,341 SF)
APN
15-07-26-3-001-016.001
UPID
US03-2932353
Jurisdiction
MADISON
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
Year built
2018
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
5.77 ac
Current owner
From public records · entity-resolved
Stor Madal Slaughter LLC
Entity
Mailing address
2033 MONROE DR NEB, ATLANTA, GA 30324-4830
Ownership since
2020
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
May 29, 2020
—
Stor Madal Slaughter LLC
Frank Jones
Warranty Deed
$2,598,000 · Ameris Bank
Jan 26, 2017
—
Frank Jones
Gwendolyn Jones
Intrafamily Transfer
related
$2,760,800 · Synovus Bank
Apr 24, 2015
$435,000
Frank Jones
Joe E Pearce
Survivorship Deed
$304,500 · Cb&s Bank
Apr 24, 2015
—
Willadeane H Parvin
Lucky Clover Farms LLC
Deed In Lieu Of Foreclosure
related
—
Jun 30, 2009
$588,400
Lucky Clover Farms LLC
Parvin,willadean H
Grant Deed
$470,400 · Willadean H Parvin
Jun 30, 2009
$1,000
Parvin,willadean H
Miller,sandra P
Grant Deed
related
—
Jun 30, 2009
—
Parvin,willadean H
Parvin,gaylor M
Affidavit Of Death
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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