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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Warehouses
22294 Us Hwy 431 Guntersville, AL 35976-8518
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0896403
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1989
Total area
10,000 SF
Lot
1.3 ac (56,628 SF)
Zoning code
25
APN
10-06-24-0-001-004.000
UPID
US03-0896403
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
$985k
Comparable Approach
Comparable
$713k
Blend (final)
Blend
$875k
Owner & transaction history
Dixie Lands INC · 3 yrs held
Dixie Lands INC
since 2022
7 recorded transactions
Zoning & alternative use
25 · Guntersville, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$940,000
+85.1%
Apartment house (5+ units)
$905,000
+78.0%
Office building
$810,000
+59.9%
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 Guntersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Guntersville 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%
$1,070,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
RETAIL STORES
$940,000
Change: +85% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$905,000
Change: +78% · Conversion: Difficult
OFFICE BUILDING
$810,000
Change: +60% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±10%
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
$88 / 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
$8,260
Tax year 2023
Assessed value
$192,100
Assessed 2023
Previous assessed
$192,100
+0.0% YoY
Effective rate
4.30%
On assessed value
Assessed land
$42,120
Assessed improvement
$149,980
Land market value
$210,600
Improvement market value
$749,900
Total market value
$960,500
Applied tax rate
15.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
5
Bathrooms
1
Total area
10,000 SF
Lot
1.3 ac (56,628 SF)
Zoning code
25
APN
10-06-24-0-001-004.000
UPID
US03-0896403
Jurisdiction
MARSHALL
Zoning & alternative use
25 · Guntersville, AL
Zoning 25 · permitted uses
25 · Guntersville, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Guntersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$940,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$905,000
OFFICE BUILDING
Est. value
$810,000
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1989
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
5
Bathrooms
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Dixie Lands INC
Entity
Free & Clear · 3 yrs held
Mailing address
833 TANNAHILL DR SE, HUNTSVILLE, AL 35802-1957
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
—
Dixie Lands INC
Hesam INC
Quit Claim Deed
related
—
Jun 25, 2019
$69,000
T N J LLC
Charles W Conner
Warranty Deed
$58,055 · Citizens Bank & Trust
Dec 9, 2013
—
Hesam INC
22294 Us Highway 431 Holding LLC
Special Warranty Deed
$647,062 · Bank Of Lincoln County
Apr 6, 2010
—
22294 Us Hwy 431 Holdings
Your Extra Attic Props LLC
Grant Deed
related
—
Mar 5, 2007
—
Your Extra Attic Props LLC
Gray,michael V & Marc E
Grant Deed
related
—
May 1, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Jul 7, 2005
—
Alonzo V Etal Gray
Smith,robert E & Janice R
Grant 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.
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