Entity Owned Property summary
AI-generated overview
This exceptional 2,500 square foot office building presents a compelling investment opportunity in the heart of Bessemer, Alabama. Located on the same block as the courthouse, this property enjoys an unparalleled location for legal professionals, ensuring consistent demand. The building has recently undergone a complete rehabilitation, boasting a brand-new HVAC system, fresh paint throughout, updated floor coverings, and a new roof. This ensures low maintenance costs and immediate occupancy for tenants. The current configuration allows for individual room rentals, providing flexibility and maximizing rental income potential. The 0.08-acre lot offers ample space for parking or future expansion. The asking price of $276,000 represents a strong return on investment given the prime location, recent renovations, and the consistently high demand for office space near the courthouse. This property is ideal for investors seeking a stable, income-generating asset in a thriving downtown area. The building's strategic location and recent upgrades make it a truly exceptional opportunity in the Bessemer commercial real estate market. Don't miss this chance to acquire a high-value property with significant long-term potential.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1900
Total area
2,500 SF
Lot
0.08 ac (3,500 SF)
Zoning code
C2
APN
38-00-09-1-011-005.002
UPID
US03-0915025
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
-
Law Firm
-
Law Firm
-
Law Firm
-
Law Firm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$60k
Owner & transaction history
since 2023
Last sale
$9,500
5 recorded transactions
Zoning & alternative use
C2 · Bessemer, AL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$60k
Value range
$54k – $66k
±10% around blend
Estimated value / SF
$24 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
60
$54k
blend $60k
$66k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,500 SF
Lot area
0.08 ac
Year built
1900
Stories
1
APN
38-00-09-1-011-005.002
Zoning
C2
Assessed value
$31,160
Annual tax
$1,599
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$103k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.8 mi away · 2,204 SF
0.8 mi away · 2,204 SF
1.0 mi away · 2,256 SF
6.0 mi away · 2,432 SF
7.7 mi away · 2,460 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$60k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 62 sales
$55
-56%
Submarket 127 sales
$74
-68%
County 1088 sales
$116
-79%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $24/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$10k
Move the market yield to see immediate price impact.
Value / SF
$4
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$599
$12k
$9k
$7k
$665
$13k
$10k
$7k
$732
$15k
$10k
$8k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$95k
0.2 mi · Dec 2025 · $38/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,599
Tax year 2022
Assessed value
$31,160
Assessed 2023
Previous assessed
$23,280
+33.8% YoY
Effective rate
5.13%
On assessed value
Assessed land
$2,800
Assessed improvement
$28,360
Land market value
$14,000
Improvement market value
$141,800
Total market value
$155,800
Applied tax rate
52.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1900
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
2,500 SF
Lot
0.08 ac (3,500 SF)
Zoning code
C2
APN
38-00-09-1-011-005.002
UPID
US03-0915025
Jurisdiction
JEFFERSON
Zoning & alternative use
C2 · Bessemer, ALZoning C2 · permitted uses
C2 · Bessemer, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.08 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C2
Jurisdiction
Bessemer, AL
Recorded code
C2
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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