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Property profile & analytics
OFF-MARKET
Estimated value
$2,920,000
Office Spaces
2659 Rocky Rdg Ln Vestavia Hills, AL 35216-4809
Individually Owned
8-yr Hold
Free & Clear
Property ID
US03-0413351
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1999
Total area
16,945 SF
Lot
5.5 ac (239,580 SF)
Zoning code
C1
APN
40-00-05-4-003-005.000
UPID
US03-0413351
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.03M
Comparable Approach
Comparable
$3.63M
Blend (final)
Blend
$2.92M
Owner & transaction history
Abch Foundation · 8 yrs held
Abch Foundation
since 2018
2 recorded transactions
Zoning & alternative use
C1 · Vestavia Hills, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.6M
+107.7%
Neighborhood: shopping center
$4.6M
+105.4%
Apartment house (5+ units)
$3.4M
+53.2%
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 Vestavia Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vestavia Hills 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%
$3,280,000
6.5%
$3,025,000
7%
$2,810,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,230,000
Current use
RESTAURANT
$4,635,000
Change: +108% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,580,000
Change: +105% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,415,000
Change: +53% · Conversion: Moderate
MEDICAL BUILDING
$3,015,000
Change: +35% · Conversion: Easy
OFFICE BUILDING
$2,835,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,730,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$2,070,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$2.92M
Range $2.63M – $3.21M · ±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
$172 / 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
Assessed value
$1,001,780
Assessed 2023
Previous assessed
$865,740
+15.7% YoY
Assessed land
$182,268
Assessed improvement
$819,512
Land market value
$922,400
Improvement market value
$4,147,300
Total market value
$5,069,700
Applied tax rate
1.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
16,945 SF
Lot
5.5 ac (239,580 SF)
Zoning code
C1
APN
40-00-05-4-003-005.000
UPID
US03-0413351
Jurisdiction
JEFFERSON
Zoning & alternative use
C1 · Vestavia Hills, AL
Zoning C1 · permitted uses
C1 · Vestavia Hills, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vestavia Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
RESTAURANT
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
5.5 ac
Current owner
From public records · entity-resolved
Abch Foundation
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 361767, BIRMINGHAM, AL 35236-1767
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2018
$225,000
Abch Foundation
Liberty Church INC
Warranty Deed
—
Jun 1, 1997
$225,000
New Owner
Woodscape,partne
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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