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Property profile & analytics
OFF-MARKET
Estimated value
$3,825,000
Outlet malls
210 Louisa St Warrior, AL 35180-1447
Entity Owned
3-yr Hold
Free & Clear
Property ID
US03-3153713
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2010
Total area
20,146 SF
Lot
0.39 ac (16,950 SF)
Zoning code
B
APN
03-00-24-2-003-004.000
UPID
US03-3153713
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
$3.44M
CAP Approach
CAP
$4.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.83M
Owner & transaction history
Launius Furniture Company LLC · 3 yrs held
Launius Furniture Company LLC
since 2023
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
B · Warrior, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.1M
+166.0%
Apartment house (5+ units)
$4.0M
+107.1%
Medical building
$3.2M
+65.8%
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 Warrior submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warrior 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
$3,345,000
ML approach
$3,440,000
CAP Approach
CAP Return
Estimation
6%
$4,690,000
6.5%
$4,330,000
7%
$4,020,000
Alternative Use
Use
Estimation
RESTAURANT
$5,145,000
Change: +166% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,005,000
Change: +107% · Conversion: Difficult
MEDICAL BUILDING
$3,205,000
Change: +66% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,850,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,840,000
Change: +47% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,355,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$3.83M
Range $3.44M – $4.21M · ±10% · vs last sale $4.00M (Mar 23 2023)
Last sale anchor
$4.00M
Mar 23 2023
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
$190 / 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
$4,455
Tax year 2022
Assessed value
$93,480
Assessed 2023
Previous assessed
$76,680
+21.9% YoY
Effective rate
4.77%
On assessed value
Assessed land
$4,440
Assessed improvement
$89,040
Land market value
$22,200
Improvement market value
$445,200
Total market value
$467,400
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2010
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
20,146 SF
Lot
0.39 ac (16,950 SF)
Zoning code
B
APN
03-00-24-2-003-004.000
UPID
US03-3153713
Jurisdiction
JEFFERSON
Zoning & alternative use
B · Warrior, AL
Zoning B · permitted uses
B · Warrior, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warrior. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.4M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2010
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Launius Furniture Company LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 67, WARRIOR, AL 35180-0067
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2023
—
Launius Furniture Company LLC
Diane Launius
Quit Claim Deed
related
—
Mar 23, 2023
$4,000,000
Youth Force Ministries Church Inter
Launius Furniture Company
Warranty Deed
—
Nov 29, 2022
—
Diane Launius
Sandra Mann
Quit Claim Deed
related
—
Sep 21, 2016
—
John H Launius
—
Trustees Deed
related
$425,000 · Citizens Bk
Mar 22, 2004
$135,000
Launius,john
Cullman-jefferson Gas District
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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