Individually Owned Property summary
AI-generated overview
This exceptional investment opportunity presents two historic buildings located at 212 1st Avenue in the vibrant heart of downtown Oneonta, Alabama. Currently configured as a pharmacy and soda shop, these buildings offer immense potential for a variety of uses, including restaurants, retail spaces, and more. The sale includes all existing fixtures and equipment, ensuring a smooth transition for the new owner. Recent updates have been made to the property, details of which are available in the provided documentation. The high visibility location boasts excellent street and foot traffic, guaranteeing significant exposure for any business. The second level of the building features original hardwood floors and recently updated windows, providing a blank canvas for creative development. This expansive space offers ample opportunity for expansion or the creation of unique additional space. This is a rare chance to own a piece of Oneonta's rich history and be a part of its exciting growth trajectory. The property is offered at $375,000. The lot size is 0 acres. The square footage is not specified. Serious inquiries are encouraged to explore this remarkable opportunity further.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,300 SF
Lot
0.07 ac (3,000 SF)
Zoning code
4
APN
16-09-31-3-002-064
UPID
US03-1104380
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
$185k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$205k
Owner & transaction history
since 2022
Last sale
$200,000
1 recorded transaction
Zoning & alternative use
4 · Oneonta, AL
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$205k
Value range
$185k – $226k
±10% around blend
Estimated value / SF
$89 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$185k
blend $205k
$226k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,300 SF
Lot area
0.07 ac
Year built
1935
Stories
1
APN
16-09-31-3-002-064
Zoning
4
Assessed value
$29,640
Annual tax
$1,334
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$205k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 27 sales
$72
+24%
County 43 sales
$79
+12%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $89/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
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$200k
Move the market yield to see immediate price impact.
Value / SF
$87
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%
$13k
$252k
$180k
$140k
$14k
$280k
$200k
$156k
$15k
$308k
$220k
$171k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,334
Tax year 2023
Assessed value
$29,640
Assessed 2023
Previous assessed
$29,640
+0.0% YoY
Effective rate
4.50%
On assessed value
Assessed land
$8,400
Assessed improvement
$21,240
Land market value
$42,000
Improvement market value
$106,240
Total market value
$148,240
Applied tax rate
13.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
2
Total area
2,300 SF
Lot
0.07 ac (3,000 SF)
Zoning code
4
APN
16-09-31-3-002-064
UPID
US03-1104380
Jurisdiction
BLOUNT
Zoning & alternative use
4 · Oneonta, ALZoning 4 · permitted uses
4 · Oneonta, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Lot
0.07 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
4
Jurisdiction
Oneonta, AL
Recorded code
4
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 4 in Oneonta, AL.
What opens after registration
Zoning profile
Official documentVerified 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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