Entity Owned Property summary
AI-generated overview
This exceptional 1,722 square foot executive office suite is located at 2496 Rocky Ridge Road in Vestavia Hills, Alabama, within Jefferson County. The property offers a single-tenant occupancy opportunity, with the entire 1,722 square feet currently vacant and ready for immediate lease. The building is classified as an Executive Office space, ideal for businesses seeking a prestigious and functional workspace. Ample parking is available on-site, ensuring convenient access for employees and clients. The property's address is 2496 Rocky Ridge Rd, Birmingham, AL 35243, conveniently located in Vestavia Hills. This location provides easy access to major transportation routes and amenities. The suite presents a unique chance to establish a prominent business presence in a highly desirable area. Interested parties are encouraged to inquire further to explore the possibilities of this exceptional office space. The property is ready for immediate occupancy. This is a single-tenant building, offering privacy and control over the entire space. The geographic coordinates are 33.4239153 latitude and -86.7728841 longitude.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1977
Total area
6,962 SF
Lot
0.52 ac (22,500 SF)
Zoning code
C1
APN
28-00-32-3-002-050.000
UPID
US03-3110137
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Big Box & Wholesale Store Building Supply
-
Insurance Agency
-
Real Estate Agency
-
Interior Design Home Decor Store
-
Dental Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.25M
Comparable Approach
Comparable
$932k
Blend (final)
Blend
$285k
Owner & transaction history
since 2009
5 recorded transactions
Zoning & alternative use
C1 · Vestavia, AL
Top alternative use upside
Apartment house (5+ units)
$1.4M
+15.0%
Medical building
$1.2M
+1.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$285k
Value range
$257k – $314k
±10% around blend
Estimated value / SF
$41 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
70
$257k
blend $285k
$314k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,962 SF
Lot area
0.52 ac
Year built
1977
Stories
1
APN
28-00-32-3-002-050.000
Zoning
C1
Assessed value
$160,960
Annual tax
$6,924
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.25M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.35M
@ 6.5% CAP return
$1.25M
@ 7% CAP return
$1.16M
4
Sales comparison
Partial preview
Sales approach indication
$1.12M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.6 mi away · 5,270 SF
3.4 mi away · 5,566 SF
5.6 mi away · 9,000 SF
6.4 mi away · 6,030 SF
9.5 mi away · 5,775 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$285k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 41 sales
$175
-77%
Submarket 740 sales
$134
-70%
County 1088 sales
$116
-65%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $41/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+15%
vs current-use indication
Medical Building
Commercial (general) · current use
Office Building
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$161k
Move the market yield to see immediate price impact.
Value / SF
$23
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$10k
$203k
$145k
$113k
$11k
$225k
$161k
$125k
$12k
$248k
$177k
$138k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$570k
2.5 mi · Nov 2025 · $113/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$6,924
Tax year 2022
Assessed value
$160,960
Assessed 2023
Previous assessed
$138,200
+16.5% YoY
Effective rate
4.30%
On assessed value
Assessed land
$33,760
Assessed improvement
$127,200
Land market value
$168,800
Improvement market value
$636,000
Total market value
$804,800
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1977
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
6,962 SF
Lot
0.52 ac (22,500 SF)
Zoning code
C1
APN
28-00-32-3-002-050.000
UPID
US03-3110137
Jurisdiction
JEFFERSON
Zoning & alternative use
C1 · Vestavia, ALZoning C1 · permitted uses
C1 · Vestavia, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.52 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C1
Jurisdiction
Vestavia, AL
Recorded code
C1
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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