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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Investment properties
1800 Friendship Rd Oxford, AL 36203-3230
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-1181217
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2004
Total area
9,020 SF
Lot
0.8 ac (34,848 SF)
APN
21-08-33-3-002-062.007
UPID
US03-1181217
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
$660k
CAP Approach
CAP
$880k
Comparable Approach
Comparable
$462k
Blend (final)
Blend
$645k
Owner & transaction history
1800 Friendship LLC · 2 yrs held
1800 Friendship LLC
since 2023
Last sale
$635,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$930,000
+60.7%
Retail stores
$865,000
+49.8%
Warehouse, storage
$690,000
+19.3%
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 Oxford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxford 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
$660,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$880,000
7%
$815,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$580,000
Current use
APARTMENT HOUSE (5+ UNITS)
$930,000
Change: +61% · Conversion: Moderate
RETAIL STORES
$865,000
Change: +50% · Conversion: Easy
WAREHOUSE, STORAGE
$690,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$665,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $635k (Aug 21 2023)
Last sale anchor
$635k
Aug 21 2023
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
$72 / 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
$6,111
Tax year 2023
Assessed value
$128,664
Assessed 2023
Previous assessed
$141,416
-9.0% YoY
Effective rate
4.75%
On assessed value
Assessed land
$26,340
Assessed improvement
$102,324
Land market value
$131,700
Improvement market value
$511,620
Total market value
$643,320
Applied tax rate
24.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2004
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
9,020 SF
Lot
0.8 ac (34,848 SF)
APN
21-08-33-3-002-062.007
UPID
US03-1181217
Jurisdiction
CALHOUN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$580,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$930,000
RETAIL STORES
Est. value
$865,000
WAREHOUSE, STORAGE
Est. value
$690,000
OFFICE BUILDING
Est. value
$665,000
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
WAREHOUSE, STORAGE
OFFICE 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
2004
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
1800 Friendship LLC
Entity
Mailing address
539 W COMMERCE ST, DALLAS, TX 75208-1953
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Aug 21, 2023
$635,000
1800 Friendship LLC
The Investments LLC
Warranty Deed
$160,000 · Meryl K Drabkin Trt
Aug 17, 2023
$440,000
Mach One Holdings LLC
Triple C Development INC
Warranty Deed
$264,000 · Alabama One Cu
Oct 24, 2018
$600,000
Thd Investments LLC
Mmi Capital LLC
Special 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.
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