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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Garden apartment buildings
174 Vann Cir, Trussville, AL 35173-1384
Individually Owned
~
Est. High Equity
Property ID
US03-0263179
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Total area
3,957 SF
Lot
0.67 ac (29,160 SF)
Zoning code
B1R5
APN
12-00-23-4-010-013.000
UPID
US03-0263179
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
$465k
Comparable Approach
Comparable
$765k
Blend (final)
Blend
$645k
Owner & transaction history
Kimberly G Tillman
Kimberly G Tillman
since 2025
Last sale
$670,000
4 recorded transactions
Zoning & alternative use
B1R5 · Trussville, 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 Trussville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trussville 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%
$505,000
6.5%
$465,000
7%
$430,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$785,000
Current use
MEDICAL BUILDING
$630,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $670k (Jun 23 2025)
Last sale anchor
$670k
Jun 23 2025
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
$163 / 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
$7,076
Tax year 2022
Assessed value
$139,860
Assessed 2023
Previous assessed
$113,940
+22.7% YoY
Effective rate
5.06%
On assessed value
Assessed land
$46,660
Assessed improvement
$93,200
Land market value
$233,300
Improvement market value
$466,000
Total market value
$699,300
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1969
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
4
Bathrooms
2
Total area
3,957 SF
Lot
0.67 ac (29,160 SF)
Zoning code
B1R5
APN
12-00-23-4-010-013.000
UPID
US03-0263179
Jurisdiction
JEFFERSON
Zoning & alternative use
B1R5 · Trussville, AL
Zoning B1R5 · permitted uses
B1R5 · Trussville, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trussville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$785,000
MEDICAL BUILDING
Est. value
$630,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
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
1969
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
2
Lot
0.67 ac
Current owner
From public records · entity-resolved
Kimberly G Tillman
Individual
Mailing address
2050 BEAVER MTN RD, ASHVILLE, AL 35953-0047
Ownership since
2025
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
Sep 23, 2025
$670,000
Kimberly G Tillman
Cosby Apartments LLC
Warranty Deed
$1,139,000 · Exchange Bank Of Alabama
Jun 10, 2025
$500
Cosby Apts LLC
Janet Mcdaniel
Warranty Deed
—
May 21, 2025
$699,300
Cosby Apartments LLC
Kimberly Tillman
Warranty Deed
—
Apr 16, 2015
—
Janet Z Mcdanel
Zicarelli Joseph A
Grant Deed
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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