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Property profile & analytics
OFF-MARKET
Estimated value
$8,195,000
Office Spaces
2090 Columbiana Rd Vestavia Hills, AL 35216-2153
Entity Owned
4-yr Hold
Free & Clear
Property ID
US03-0875263
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1988
Construction
CONCRETE
Total area
44,616 SF
Lot
6.5 ac (283,140 SF)
Zoning code
CP
APN
29-00-25-3-001-015.004
UPID
US03-0875263
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
$8.54M
CAP Approach
CAP
$7.97M
Comparable Approach
Comparable
$9.57M
Blend (final)
Blend
$8.20M
Owner & transaction history
Naphcare INC · 4 yrs held
Naphcare INC
since 2021
Last sale
$7.8M
4 recorded transactions
Zoning & alternative use
CP · Vestavia Hills, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.2M
+107.7%
Neighborhood: shopping center
$12.1M
+105.4%
Apartment house (5+ units)
$9.0M
+53.2%
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
$8,960,000
ML approach
$8,535,000
CAP Approach
CAP Return
Estimation
6%
$8,635,000
6.5%
$7,970,000
7%
$7,400,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,875,000
Current use
RESTAURANT
$12,200,000
Change: +108% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,060,000
Change: +105% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,995,000
Change: +53% · Conversion: Moderate
MEDICAL BUILDING
$7,940,000
Change: +35% · Conversion: Easy
OFFICE BUILDING
$7,460,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,185,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$5,455,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$8.20M
Range $7.38M – $9.01M · ±10% · vs last sale $7.76M (Oct 29 2021)
Last sale anchor
$7.76M
Oct 29 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
$184 / 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
$189,428
Tax year 2022
Assessed value
$2,523,220
Assessed 2023
Previous assessed
$2,045,660
+23.3% YoY
Effective rate
7.51%
On assessed value
Assessed land
$424,720
Assessed improvement
$2,098,500
Land market value
$2,123,600
Improvement market value
$10,492,500
Total market value
$12,616,100
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Stories
4
Bathrooms
1
Total area
44,616 SF
Lot
6.5 ac (283,140 SF)
Zoning code
CP
APN
29-00-25-3-001-015.004
UPID
US03-0875263
Jurisdiction
JEFFERSON
Zoning & alternative use
CP · Vestavia Hills, AL
Zoning CP · permitted uses
CP · 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
COMMERCIAL (GENERAL) Current
Est. value
$5.9M
RESTAURANT
Est. value
$12.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.0M
MEDICAL BUILDING
Est. value
$7.9M
OFFICE BUILDING
Est. value
$7.5M
AUTO REPAIR, GARAGE
Est. value
$7.2M
RETAIL STORES
Est. value
$5.5M
COMMERCIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1988
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Bathrooms
1
Lot
6.5 ac
Current owner
From public records · entity-resolved
Naphcare INC
Entity
Free & Clear · 4 yrs held
Mailing address
2090 COLUMBIANA RD STE #4000, VESTAVIA HILLS, AL 35216-2158
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2024
—
Naphcare INC
—
Deed
related
$4,000,000 · Regions Bank
Oct 29, 2021
$7,762,820
Naphcare INC
Lcr Properties LLC
Warranty Deed
—
Apr 21, 2017
$6,762,820
Lcr Properties LLC
Naphcare INC
Warranty Deed
$6,762,820 · Renasant Bank
Mar 11, 2011
$6,562
Lcj Properties LLC
Owner Name Unavailable
Grant Deed
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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