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Property profile & analytics
OFF-MARKET
Estimated value
$2,515,000
Strip malls
263 Vly Ave Birmingham, AL 35209-4817
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US03-3142753
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Total area
29,135 SF
Lot
2.7 ac (117,612 SF)
Zoning code
C3
APN
29-00-15-4-006-013.000
UPID
US03-3142753
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
-
In Home Care Birmingham Home Health Care Service
-
Pet Grooming By Natalia Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.52M
Owner & transaction history
Lafayetta Estates LLC · 8 yrs held
Lafayetta Estates LLC
since 2018
7 recorded transactions
Zoning & alternative use
C3 · 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
$86 / 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
$17,127
Tax year 2022
Assessed value
$271,080
Assessed 2023
Previous assessed
$228,360
+18.7% YoY
Effective rate
6.32%
On assessed value
Assessed land
$117,620
Assessed improvement
$153,460
Land market value
$588,100
Improvement market value
$767,300
Total market value
$1,355,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
29,135 SF
Lot
2.7 ac (117,612 SF)
Zoning code
C3
APN
29-00-15-4-006-013.000
UPID
US03-3142753
Jurisdiction
JEFFERSON
Zoning & alternative use
C3 · Birmingham, AL
Zoning C3 · permitted uses
C3 · 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
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.7 ac
Current owner
From public records · entity-resolved
Lafayetta Estates LLC
Entity
Mailing address
5714 W GULF BANK RD, HOUSTON, TX 77088-4341
Ownership since
2018
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
May 18, 2018
$1,450,000
Lafayetta Estates LLC
Mw5 LLC
Warranty Deed
$1,100,000 · Branch Bk&tr
Aug 4, 2015
$950,000
Mw 5 LLC
Duffy Co LLC
Warranty Deed
$1,030,000 · Branch Bk&tr
Jul 29, 2014
$800,000
Duffy Co LLC
Four M Co LLC
Warranty Deed
$820,000 · Branch Bk&tr
Jan 22, 2004
$1,206,000
Four M Co LLC
Summit Square LLC
Warranty Deed
$1,206,000 · Amsouth Bk
—
—
Duffy Co LLC
—
Deed Of Trust
related
$75,000 · Branch Bk&tr
—
—
Four M Co LLC
—
Deed Of Trust
related
$1,300,000 · Bancorpsouth
—
—
Four M Co LLC
—
Deed Of Trust
related
$200,000 · Bancorpsouth
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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