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Property profile & analytics
OFF-MARKET
Estimated value
$2,255,000
Grocery and convenience stores
2197 Eastern Vly Rd Bessemer, AL 35022-5363
Entity Owned
3-yr Hold
Free & Clear
Property ID
US03-0603278
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2006
Total area
4,544 SF
Lot
1.76 ac (76,666 SF)
Zoning code
C4
APN
38-00-31-4-000-035.000
UPID
US03-0603278
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
-
Fresh off the Boat Birmingham Specialty Food Shop Fish Market
-
Exxon Gas Station
-
Western Union Bank Credit Union
-
Taqueria Don chay Restaurant
-
Allens Foodmart LLC Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$2.26M
Owner & transaction history
Allen Ltd INC · 3 yrs held
Allen Ltd INC
since 2023
Last sale
$3.0M
3 recorded transactions
Zoning & alternative use
C4 · Bessemer, 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 Bessemer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bessemer 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
$2,545,000
ML approach
$2,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.26M
Range $2.03M – $2.48M · ±10% · vs last sale $3.05M (Jun 12 2023)
Last sale anchor
$3.05M
Jun 12 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
$496 / 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
$25,463
Tax year 2022
Assessed value
$437,160
Assessed 2023
Previous assessed
$370,640
+17.9% YoY
Effective rate
5.82%
On assessed value
Assessed land
$260,985
Assessed improvement
$176,175
Land market value
$1,226,600
Improvement market value
$828,000
Total market value
$2,054,600
Applied tax rate
52.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
4,544 SF
Lot
1.76 ac (76,666 SF)
Zoning code
C4
APN
38-00-31-4-000-035.000
UPID
US03-0603278
Jurisdiction
JEFFERSON
Zoning & alternative use
C4 · Bessemer, AL
Zoning C4 · permitted uses
C4 · Bessemer, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bessemer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Allen Ltd INC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 328, SYLACAUGA, AL 35150-0328
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$3,045,000
Allen Ltd INC
Freeway Express INC
Warranty Deed
—
Aug 13, 2018
—
Freeway Express INC
—
Deed
related
$1,304,000 · Aliant Bk
—
—
Freeway Express INC
—
Loan Modification
related
$1,304,000 · Aliant 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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