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Property profile & analytics
OFF-MARKET
Turn key restaurants
215 Bell Way Trussville, AL 35173-2487
Entity Owned
8-yr Hold
Free & Clear
Property ID
US03-0082744
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2021
Total area
6,818 SF
Lot
0.18 ac (8,037 SF)
Zoning code
I1
APN
12-00-26-1-004-010.001
UPID
US03-0082744
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Downtown Trussville LLC · 8 yrs held
Downtown Trussville LLC
since 2017
7 recorded transactions
Zoning & alternative use
I1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,184
Tax year 2022
Assessed value
$331,240
Assessed 2023
Previous assessed
$244,500
+35.5% YoY
Effective rate
4.58%
On assessed value
Assessed land
$22,500
Assessed improvement
$308,740
Land market value
$112,500
Improvement market value
$1,543,700
Total market value
$1,656,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2021
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
6,818 SF
Lot
0.18 ac (8,037 SF)
Zoning code
I1
APN
12-00-26-1-004-010.001
UPID
US03-0082744
Jurisdiction
JEFFERSON
Zoning & alternative use
I1 · Trussville, AL
Zoning I1 · permitted uses
I1 · 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
2021
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Downtown Trussville LLC
Entity
Free & Clear · 8 yrs held
Mailing address
106 MORROW AVE, TRUSSVILLE, AL 35173-1431
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2019
—
Downtown Trussville LLC
—
Loan Modification
related
$4,106,070 · Servisfirst Bk
Jul 24, 2019
—
Downtown Trussville LLC
—
Deed
related
$3,675,000 · Servisfirst Bk
Feb 14, 2019
—
Downtown Trussville LLC
—
Deed
related
$3,450,000 · Servisfirst Bk
Oct 26, 2017
$250,000
Downtown Trussville LLC
City Of Trussville Alabama
Warranty Deed
—
Jun 27, 2016
$250,000
City Of Trussville
Wood,john R
Warranty Deed
—
Dec 17, 2015
$230,500
John R Wood
J & M Properties LLC
Warranty Deed
related
—
Aug 30, 2007
$270,000
J & M Properties
Owner Name Unavailable
Grant Deed
related
—
Feb 27, 2002
$165,000
Bosworth Properties
Wood,donald F
Grant Deed
—
—
—
Downtown Trussville LLC
—
Loan Modification
related
$3,675,000 · Servisfirst Bk
—
—
Downtown Trussville LLC
—
Loan Modification
related
$3,450,000 · Servisfirst Bk
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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