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Property profile & analytics
OFF-MARKET
Medical Office Space
254 Inverness Ctr Dra, Birmingham, AL 35242-4834
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US03-2037325
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2011
Total area
3,814 SF
Lot
0.08 ac (3,311 SF)
APN
101010993001000
UPID
US03-2037325
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
-
Double Oak Mountain Family Dentistry: Samford James W DDS Dental Office
-
Brewer D Matson DMD Dental Office
-
Double Oak Mountain Family Dentistry Dental Office
-
Jennifer Butler Acuff Physician
-
Birmingham Allergy & Asthma Specialists, PC Physician
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
254 Inverness Al LLC · 4 yrs held
254 Inverness Al LLC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
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
$10,760
Tax year 2022
Assessed value
$161,520
Assessed 2022
Previous assessed
$161,520
+0.0% YoY
Effective rate
6.66%
On assessed value
Land market value
$380,000
Improvement market value
$427,600
Total market value
$807,600
Applied tax rate
13.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2011
Heating
NONE
Stories
1
Bathrooms
1
Total area
3,814 SF
Lot
0.08 ac (3,311 SF)
APN
101010993001000
UPID
US03-2037325
Jurisdiction
SHELBY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
254 Inverness Al LLC
Entity
Mailing address
254 INVERNESS CTR DRA, BIRMINGHAM, AL 35242-4834
Ownership since
2021
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
Dec 28, 2021
$1,740,000
254 Inverness Al LLC
Jws Holdings LLC
Warranty Deed
$1,479,000 · Studio Bank
Jan 2, 2019
—
Beaumont Village LLC
—
Deed
related
$550,000 · Synovus Bk
Jan 25, 2017
—
Jws Holdings LLC
—
Deed
related
$542,885 · Progress Bk&tr
Sep 1, 2011
$781,675
Jws Holdings LLC
Beaumont Village LLC
Warranty Deed
$721,000 · Wells Fargo Bank NA
Jun 29, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Beaumont Village LLC
—
Deed Of Trust
related
$550,000 · Synovus Bk
—
—
Jws Holdings LLC
—
Deed Of Trust
related
$542,885 · Progress Bk&tr
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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