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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Office Spaces
203 Kenimer Ave Trussville, AL 35173-1454
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-0398827
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1982
Total area
9,329 SF
Lot
0.78 ac (33,960 SF)
Zoning code
QC4
APN
12-00-26-2-006-034.003
UPID
US03-0398827
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
$550k
CAP Approach
CAP
$530k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Kenimer Avenue LLC · 5 yrs held
Kenimer Avenue LLC
since 2021
Last sale
$490,000
3 recorded transactions
Zoning & alternative use
QC4 · Trussville, 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 Trussville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trussville 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
$550,000
CAP Approach
CAP Return
Estimation
6%
$575,000
6.5%
$530,000
7%
$495,000
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $490k (Feb 8 2021)
Last sale anchor
$490k
Feb 8 2021
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
$56 / 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
$6,049
Tax year 2022
Assessed value
$149,380
Assessed 2023
Previous assessed
$97,400
+53.4% YoY
Effective rate
4.05%
On assessed value
Assessed land
$28,520
Assessed improvement
$120,860
Land market value
$142,600
Improvement market value
$604,300
Total market value
$746,900
Applied tax rate
6.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
9,329 SF
Lot
0.78 ac (33,960 SF)
Zoning code
QC4
APN
12-00-26-2-006-034.003
UPID
US03-0398827
Jurisdiction
JEFFERSON
Zoning & alternative use
QC4 · Trussville, AL
Zoning QC4 · permitted uses
QC4 · Trussville, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trussville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Kenimer Avenue LLC
Entity
Mailing address
203 KENIMER AVE STE #100, TRUSSVILLE, AL 35173-1454
Mailing matches property
Yes
Owner-occupied
Yes
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
Feb 8, 2021
$490,000
Kenimer Avenue LLC
Absolute One Properties LLC
Warranty Deed
$456,076 · Bryant Bank
Nov 14, 2019
$460,000
Absolute One Properties LLC
William D Prewitt
Warranty Deed
$368,000 · Servisfirst Bank
Sep 1, 1991
$266,000
William T Johnson
—
Deed Of Trust
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.
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