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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Retail properties & Spaces
218 Skyland E Blvd Tuscaloosa, AL 35405-4098
Entity Owned
Absentee Owner
Free & Clear
Property ID
US03-0576239
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1962
Construction
WOOD
Total area
2,802 SF
Lot
0.68 ac (29,600 SF)
Zoning code
BN
APN
36-01-01-1-003-002.000
UPID
US03-0576239
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
Current use
Occupant on record · Public records
-
Auto Depot, Inc. Car Dealership
-
Karoomba Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$431k
Blend (final)
Blend
$510k
Owner & transaction history
S & V Holdings LLC
S & V Holdings LLC
since 2025
Last sale
$550,000
2 recorded transactions
Zoning & alternative use
BN · Tuscaloosa, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$495,000
+79.0%
Office building
$345,000
+23.5%
Commercial (general)
$325,000
+16.3%
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 Tuscaloosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tuscaloosa 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$495,000
Change: +79% · Conversion: Difficult
OFFICE BUILDING
$345,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$325,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $550k (Jul 13 2025)
Last sale anchor
$550k
Jul 13 2025
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
$182 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,763
Tax year 2023
Assessed value
$73,060
Assessed 2023
Previous assessed
$72,780
+0.4% YoY
Effective rate
5.15%
On assessed value
Assessed land
$26,840
Assessed improvement
$46,220
Land market value
$134,200
Improvement market value
$231,100
Total market value
$365,300
Applied tax rate
4.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
3
Bathrooms
1
Total area
2,802 SF
Lot
0.68 ac (29,600 SF)
Zoning code
BN
APN
36-01-01-1-003-002.000
UPID
US03-0576239
Jurisdiction
TUSCALOOSA
Zoning & alternative use
BN · Tuscaloosa, AL
Zoning BN · permitted uses
BN · Tuscaloosa, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tuscaloosa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$495,000
OFFICE BUILDING
Est. value
$345,000
COMMERCIAL (GENERAL)
Est. value
$325,000
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1962
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
S & V Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4736 RED OAK LN, TUSCALOOSA, AL 35405-5458
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2025
$550,000
S & V Holdings LLC
Martha Thom Palmer
Warranty Deed
—
Mar 28, 2025
$363,900
Martha Thom Palmer
Fred Milton Fred Palmer
Warranty 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.
Try Rey
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