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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Investment properties
1841 2nd Ave Jasper, AL 35501-5337
Entity Owned
11-yr Hold
Free & Clear
Property ID
US03-1661330
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1901
Construction
BRICK
Total area
22,800 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CO
APN
17-05-16-1-102-013.000
UPID
US03-1661330
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
-
Globe Life Liberty National Division - The Clint McLain Agency Insurance Agency
-
The Ellis Law Firm Law Firm Child Welfare Organization
-
Sewell Sewell Beard LLC Law Firm
-
Superior Financial Services Loan Service
-
Los Reyes Grill Llc Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$648k
Blend (final)
Blend
$690k
Owner & transaction history
Los Reyes Properties LLC · 11 yrs held
Los Reyes Properties LLC
since 2015
1 recorded transaction
Zoning & alternative use
CO · Jasper, 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 Jasper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jasper 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
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$690k
Range $621k – $759k · ±10%
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
$30 / 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
$5,326
Tax year 2023
Assessed value
$133,160
Assessed 2023
Previous assessed
$174,040
-23.5% YoY
Effective rate
4.00%
On assessed value
Assessed land
$5,420
Assessed improvement
$127,740
Land market value
$27,100
Improvement market value
$638,700
Total market value
$665,800
Applied tax rate
36.0000
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
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1901
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
3
Rooms
4
Total area
22,800 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CO
APN
17-05-16-1-102-013.000
UPID
US03-1661330
Jurisdiction
WALKER
Zoning & alternative use
CO · Jasper, ALZoning CO · permitted uses
CO · Jasper, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1901
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
3
Rooms
4
Lot
0.2 ac
Current owner
From public records · entity-resolved
Los Reyes Properties LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1841 2ND AVE, JASPER, AL 35501-5337
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2015
$700,000
Los Reyes Properties LLC
Buckeye LLC
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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