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Property profile & analytics
FOR SALE
Warehouses
18 20Th Ct NW Center Point, AL 35215
Individually Owned
4-yr Hold
Free & Clear
Property ID
US03-1052838
For Sale
1 / 4
$120,000
18 20Th Ct NW, Center Point, AL 35215
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Total area
2,263 SF
Lot
0.23 ac (9,939 SF)
Zoning code
I1
APN
12-00-18-3-006-012.000
UPID
US03-1052838
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Talisa Christopher · 4 yrs held
Talisa Christopher
since 2021
Last sale
$65,000
3 recorded transactions
Zoning & alternative use
I1 · Center Point, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
t (PUD) District A-1 Agriculture District Inst-1 Institutional District Inst-2 Institutional District U-1 Utilities District C-P Preferred Commercial District C-N Neighborhood Commercial District C-1 Commercial District I-1 Light Industrial District Sec. 502. - District boundaries established. The boundaries of each district are indicated upon the Zoning Map…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
11.60 ac
Source
code of ordinances
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 Center Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Center Point 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 2022Property tax & assessments
Tax year 2022
Tax billed
$790
Tax year 2022
Assessed value
$16,480
Assessed 2023
Previous assessed
$14,340
+14.9% YoY
Effective rate
4.79%
On assessed value
Assessed land
$5,460
Assessed improvement
$11,020
Land market value
$27,300
Improvement market value
$55,100
Total market value
$82,400
Applied tax rate
47.0000
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
For Sale
Year built
1969
Heating
SPACE
Stories
1
Total area
2,263 SF
Lot
0.23 ac (9,939 SF)
Zoning code
I1
APN
12-00-18-3-006-012.000
UPID
US03-1052838
Jurisdiction
JEFFERSON
Zoning & alternative use
I1 · Center Point, ALZoning I1 · permitted uses
I1 · Center Point, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
t (PUD) District A-1 Agriculture District Inst-1 Institutional District Inst-2 Institutional District U-1 Utilities District C-P Preferred Commercial District C-N Neighborhood Commercial District C-1 Commercial District I-1 Light Industrial District Sec. 502. - District boundaries established. The boundaries of each district are indicated upon the Zoning Maps of the City of Center Point, Alabama. Said maps and all notations, references and
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
11.60 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1969
Heating
SPACE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Talisa Christopher
Individual
Free & Clear · 4 yrs held
Mailing address
800 WATERFORD CIR, CALERA, AL 35040-7602
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
$500
Talisa Christopher
Fred L Christopher
Quit Claim Deed
related
—
Mar 23, 2021
$65,000
Talisa Christopher
Bonnie Lecroy Jones
Warranty Deed
—
Apr 27, 2017
$500
Bonnie L Jones
Lecroy,arnell A
Quit Claim 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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