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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Motels
226 Smt Pkwy Birmingham, AL 35209-4732
Entity Owned
18-yr Hold
Free & Clear
Property ID
US03-0094699
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1995
Construction
CONCRETE
Total area
25,625 SF
Lot
1.96 ac (85,595 SF)
Zoning code
C5
APN
29-00-15-4-006-009.000
UPID
US03-0094699
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
-
Vulcan park Park
-
Comfort Inn Birmingham Homewood Hotel & Motel
-
Birmingham crossplex center Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
Akash LLC · 18 yrs held
Akash LLC
since 2007
6 recorded transactions
Zoning & alternative use
C5 · Birmingham, 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 Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham 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%
$2,010,000
6.5%
$1,855,000
7%
$1,720,000
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±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
$72 / 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
$71,370
Tax year 2022
Assessed value
$1,284,100
Assessed 2023
Previous assessed
$951,600
+34.9% YoY
Effective rate
5.56%
On assessed value
Assessed land
$85,580
Assessed improvement
$1,198,520
Land market value
$427,900
Improvement market value
$5,992,600
Total market value
$6,420,500
Applied tax rate
12.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1995
Construction
CONCRETE
Heating
HEAT PUMP
Stories
5
Rooms
11
Bathrooms
1
Total area
25,625 SF
Lot
1.96 ac (85,595 SF)
Zoning code
C5
APN
29-00-15-4-006-009.000
UPID
US03-0094699
Jurisdiction
JEFFERSON
Zoning & alternative use
C5 · Birmingham, AL
Zoning C5 · permitted uses
C5 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
CONCRETE
Heating
HEAT PUMP
Stories
5
Rooms
11
Bathrooms
1
Lot
1.96 ac
Current owner
From public records · entity-resolved
Akash LLC
Entity
Free & Clear · 18 yrs held
Mailing address
226 SMT PKWY, BIRMINGHAM, AL 35209-4732
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2007
—
Akash LLC
Owner Name Unavailable
Grant Deed
related
—
Feb 23, 2004
—
Jankie Hotel INC
Universal Birmingham LLC
Grant Deed
$2,400,000 · Gold Bk
Feb 17, 2004
—
Jankie Hotel INC
Universal Birmin
Grant Deed
related
—
Jun 1, 1994
$250,000
Summit Associates Ltd
Unknown
Grant Deed
—
—
—
Akash LLC
—
Deed Of Trust
related
$250,000 · Charterbank
—
—
Akash LLC
—
Loan Modification
related
$3,450,000 · Charterbank
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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