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Property profile & analytics
OFF-MARKET
Office buildings
1818 University Blvd Tuscaloosa, AL 35401-1518
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0990605
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
WOOD
Total area
1,600 SF
Lot
0.29 ac (12,600 SF)
Zoning code
BN
APN
31-05-22-1-107-026.000
UPID
US03-0990605
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
-
Julie Meggs - BROKER EXIT Capstone Realty Real Estate Agency
-
EXIT Capstone Realty Real Estate Agency
-
Brandon Schaub - Schaub & Co. - 1st Class Real Estate - Heritage Homes Real Estate Agency
-
Rachel Horton, REALTOR at EXIT Capstone Realty Real Estate Agency
-
Amber Rockwell, REALTOR for RE101 Real Estate Agency
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
Weaver Rentals LLC · 5 yrs held
Weaver Rentals LLC
since 2021
Last sale
$1.1M
3 recorded transactions
Zoning & alternative use
BN · 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
$7,514
Tax year 2023
Assessed value
$145,900
Assessed 2023
Previous assessed
$142,620
+2.3% YoY
Effective rate
5.15%
On assessed value
Assessed land
$37,800
Assessed improvement
$108,100
Land market value
$189,000
Improvement market value
$540,500
Total market value
$729,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Rooms
3
Bathrooms
1
Total area
1,600 SF
Lot
0.29 ac (12,600 SF)
Zoning code
BN
APN
31-05-22-1-107-026.000
UPID
US03-0990605
Jurisdiction
TUSCALOOSA
Zoning & alternative use
BN · Tuscaloosa, ALZoning BN · permitted uses
BN · 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
1900
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
3
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Weaver Rentals LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1918 UNIVERSITY BLVD, TUSCALOOSA, AL 35401-1520
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
May 14, 2021
$1,050,000
Weaver Rentals LLC
1818 Realty LLC
Warranty Deed
—
May 7, 2010
$202,000
Broad Street Properties LLC
Marjorie M Conse Hudson
Deed
—
May 7, 2010
$404,100
Marjorie M Hudson
Marjorie M Conse Hudson
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.
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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