Entity Owned Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2003
Total area
9,544 SF
Lot
0.88 ac (38,333 SF)
Zoning code
I3
APN
29-00-28-3-000-024.000
UPID
US03-1625638
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.08M
Owner & transaction history
since 2024
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
I3 · Birmingham, AL
Zoning description
3. Planned Manufacturing (I-3) District. The planned manufacturing district is designed to allow for the orderly arrangement of high quality manufacturing development designed for maximum compatibility internally and wit…
General category
INDUSTRIAL
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 7 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.08M
Value range
$972k – $1.19M
±10% around blend
Estimated value / SF
$113 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
70
$972k
blend $1.08M
$1.19M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,544 SF
Lot area
0.88 ac
Year built
2003
Stories
1
APN
29-00-28-3-000-024.000
Zoning
I3
Assessed value
$133,280
Annual tax
$8,525
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
$457k
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.5 mi away · 10,066 SF
4.6 mi away · 10,000 SF
5.6 mi away · 11,165 SF
5.8 mi away · 11,850 SF
7.2 mi away · 9,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.08M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 30 sales
$189
-40%
Submarket 740 sales
$134
-16%
County 1088 sales
$116
-2%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $113/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 · 7 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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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$1.08M
Move the market yield to see immediate price impact.
Value / SF
$113
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%
$68k
$1.36M
$972k
$756k
$76k
$1.51M
$1.08M
$840k
$83k
$1.66M
$1.19M
$924k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$825k
1.9 mi · Sep 2025 · $82/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,525
Tax year 2022
Assessed value
$133,280
Assessed 2023
Previous assessed
$133,280
+0.0% YoY
Effective rate
6.40%
On assessed value
Assessed land
$23,000
Assessed improvement
$110,280
Land market value
$115,000
Improvement market value
$551,400
Total market value
$666,400
Applied tax rate
30.0000
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
2003
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
9,544 SF
Lot
0.88 ac (38,333 SF)
Zoning code
I3
APN
29-00-28-3-000-024.000
UPID
US03-1625638
Jurisdiction
JEFFERSON
Zoning & alternative use
I3 · Birmingham, ALZoning I3 · permitted uses
I3 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
3. Planned Manufacturing (I-3) District. The planned manufacturing district is designed to allow for the orderly arrangement of high quality manufacturing development designed for maximum compatibility internally and wit…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.88 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
I3
INDUSTRIAL
Jurisdiction
Birmingham, AL
Recorded code
I3
Official district
I3
Official district profile
What the municipal code says about I3
Zoning description
3. Planned Manufacturing (I-3) District. The planned manufacturing district is designed to allow for the orderly arrangement of high quality manufacturing development designed for maximum compatibility internally and wit…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I3 in Birmingham, AL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
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
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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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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