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Property profile & analytics
OFF-MARKET
Investment properties
228 18th N St Birmingham, AL 35203-3106
Entity Owned
1-yr Hold
Free & Clear
Property ID
US03-0605264
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
9,092 SF
Lot
0.11 ac (5,000 SF)
Zoning code
B4
APN
22-00-36-2-033-001.000
UPID
US03-0605264
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
-
Bail Bonds of Alabama LLC Law Firm
-
American Trust Corporation Bank Loan Service
-
Stratmonn LLC Property Management Company
-
Perfect Private Suite for your Downton Visit Travel Agency Vacation Rental
-
Hilliard-Smith Alesia Law Firm
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
Hilliard Smith & Hunt LLC · 1 yrs held
Hilliard Smith & Hunt LLC
since 2025
Last sale
$438,000
7 recorded transactions
Zoning & alternative use
B4 · 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
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
$4,868
Tax year 2022
Assessed value
$87,600
Assessed 2023
Previous assessed
$67,140
+30.5% YoY
Effective rate
5.56%
On assessed value
Assessed land
$32,000
Assessed improvement
$55,600
Land market value
$160,000
Improvement market value
$278,000
Total market value
$438,000
Applied tax rate
30.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
1
Total area
9,092 SF
Lot
0.11 ac (5,000 SF)
Zoning code
B4
APN
22-00-36-2-033-001.000
UPID
US03-0605264
Jurisdiction
JEFFERSON
Zoning & alternative use
B4 · Birmingham, AL
Zoning B4 · permitted uses
B4 · 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
1900
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Hilliard Smith & Hunt LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 11385, BIRMINGHAM, AL 35202-1385
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
$438,000
Hilliard Smith & Hunt LLC
Earl F Hilliard
Warranty Deed
—
Sep 22, 2021
—
Earl F Hilliard
—
Deed
related
$750,000 · Servisfirst Bank
Sep 24, 2019
—
Earl F Hilliard
—
Deed
related
$167,000 · Hilliard Smith & Hunt LLC
Aug 21, 2019
$200,000
Earl F Hilliard
Hilliard Smith & Hunt LLC
Grant Deed
—
Mar 7, 2019
$90,000
Hilliard Smith & Hunt LLC
American
Grant Deed
—
Jan 31, 2018
$52,000
Hilliard Smith & Hunt LLC
American Trust Corp
Warranty Deed
—
Dec 20, 1997
—
Mid Alabama INC
Mid Alabama INC
Quit Claim Deed
related
—
Nov 1, 1992
$90,000
Fan Warehouse INC
Unknown
Grant Deed
—
—
—
Earl F Hilliard
—
Deed Of Trust
related
$167,000 · Hilliard Smith & Hunt LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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