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Property profile & analytics
OFF-MARKET
Medical Office Space
1718 Veterans Memorial Pkwy Tuscaloosa, AL 35404-4791
Entity Owned
12-yr Hold
Free & Clear
Property ID
US03-0509779
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Construction
WOOD
Total area
5,543 SF
Lot
0.63 ac (27,360 SF)
Zoning code
BGO
APN
30-04-19-4-026-005.000
UPID
US03-0509779
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
-
FirstKids Urgent Care Medical Clinic
-
GPS IT Solutions LLC Tech Support Center (Bike/Boat/Book/etc) Store
-
Tuscaloosa MedSpa Spa & Massage Center Alternative Medicine Practice
-
Ramesh Babu Peramsetty Pediatrician Physician
-
Crimson Care Medical Clinic
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
Saroni Real Estate LLC · 12 yrs held
Saroni Real Estate LLC
since 2013
2 recorded transactions
Zoning & alternative use
BGO · Tuscaloosa, AL
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 Tuscaloosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tuscaloosa 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
$6,673
Tax year 2023
Assessed value
$129,580
Assessed 2023
Previous assessed
$129,580
+0.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$14,120
Assessed improvement
$115,460
Land market value
$70,600
Improvement market value
$577,300
Total market value
$647,900
Applied tax rate
4.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
16
Bathrooms
1
Total area
5,543 SF
Lot
0.63 ac (27,360 SF)
Zoning code
BGO
APN
30-04-19-4-026-005.000
UPID
US03-0509779
Jurisdiction
TUSCALOOSA
Zoning & alternative use
BGO · Tuscaloosa, ALZoning BGO · permitted uses
BGO · Tuscaloosa, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
556945 map series
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
16
Bathrooms
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Saroni Real Estate LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1718 VETERANS MEMORIAL PKWY STE A, TUSCALOOSA, AL 35404-4792
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
May 11, 2020
—
Saroni Real Estate LLC
—
Deed
related
$120,000 · West Alabama Bank And Trust
Dec 17, 2013
—
Saroni Real Estate LLC
Rohan Real Estate LLC
Warranty 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.
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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