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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Retail properties & Spaces
2004 Buena Vis Dr Vestavia Hills, AL 35216-3702
Trust Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0733592
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1973
Total area
3,018 SF
Lot
0.41 ac (18,000 SF)
Zoning code
NONE
APN
39-00-01-1-001-006.000
UPID
US03-0733592
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
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Mary L Webster Revocable Trust · 1 yrs held
Mary L Webster Revocable Trust
since 2024
Last sale
$562,500
1 recorded transaction
Zoning & alternative use
NONE · Vestavia Hills, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$815,000
+206.7%
Medical building
$535,000
+101.9%
Office building
$505,000
+89.7%
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 Vestavia Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vestavia Hills 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
$565,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$815,000
Change: +207% · Conversion: Difficult
MEDICAL BUILDING
$535,000
Change: +102% · Conversion: Difficult
OFFICE BUILDING
$505,000
Change: +90% · Conversion: Difficult
AUTO REPAIR, GARAGE
$485,000
Change: +83% · Conversion: Difficult
COMMERCIAL (GENERAL)
$395,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$370,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $563k (Dec 20 2024)
Last sale anchor
$563k
Dec 20 2024
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
$187 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,069
Tax year 2022
Assessed value
$27,480
Assessed 2023
Previous assessed
$22,340
+23.0% YoY
Effective rate
7.53%
On assessed value
Assessed land
$9,000
Assessed improvement
$18,480
Land market value
$45,000
Improvement market value
$92,400
Total market value
$137,400
Applied tax rate
20.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1973
Heating
SPACE
Stories
1
Bathrooms
1
Total area
3,018 SF
Lot
0.41 ac (18,000 SF)
Zoning code
NONE
APN
39-00-01-1-001-006.000
UPID
US03-0733592
Jurisdiction
JEFFERSON
Zoning & alternative use
NONE · Vestavia Hills, AL
Zoning NONE · permitted uses
NONE · Vestavia Hills, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vestavia Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$815,000
MEDICAL BUILDING
Est. value
$535,000
OFFICE BUILDING
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$485,000
COMMERCIAL (GENERAL)
Est. value
$395,000
RETAIL STORES
Est. value
$370,000
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1973
Heating
SPACE
Stories
1
Bathrooms
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Mary L Webster Revocable Trust
Trust
Free & Clear · 1 yrs held
Mailing address
2288 PNE CRST DR, VESTAVIA HILLS, AL 35216-2125
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Dec 20, 2024
$562,500
Mary L Webster Revocable Trust
Mary L Webster
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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