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Property profile & analytics
OFF-MARKET
Outlet malls
2 18th N St Bessemer, AL 35020-5023
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-0521960
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1900
Total area
3,869 SF
Lot
0.98 ac (42,500 SF)
Zoning code
C2
APN
38-00-10-2-033-002.000
UPID
US03-0521960
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
Bessemer Train Depot LLC · 5 yrs held
Bessemer Train Depot LLC
since 2021
Last sale
$140,000
3 recorded transactions
Zoning & alternative use
C2 · Bessemer, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bessemer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bessemer 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
$1,417
Tax year 2022
Assessed value
$24,660
Assessed 2023
Previous assessed
$20,620
+19.6% YoY
Effective rate
5.75%
On assessed value
Assessed land
$10,200
Assessed improvement
$14,460
Land market value
$51,000
Improvement market value
$72,300
Total market value
$123,300
Applied tax rate
52.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
3,869 SF
Lot
0.98 ac (42,500 SF)
Zoning code
C2
APN
38-00-10-2-033-002.000
UPID
US03-0521960
Jurisdiction
JEFFERSON
Zoning & alternative use
C2 · Bessemer, AL
Zoning C2 · permitted uses
C2 · Bessemer, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bessemer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Bessemer Train Depot LLC
Entity
Mailing address
2625 5TH AVE NC, BESSEMER, AL 35020-4169
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
Mar 3, 2021
$140,000
Bessemer Train Depot LLC
Watkins Bradley Neal Estate
Warranty Deed
$170,000 · Community Revitalization Fund
Mar 6, 2017
$125,000
Bradley N Watkins
Stephens,charles H
Grant Deed
—
—
—
Stephens Ents INC
—
Deed Of Trust
related
$290,000 · Spring Rock Const Co INC
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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