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Property profile & analytics
OFF-MARKET
Office buildings
2704 8th St, Tuscaloosa, AL 35401-2106
Individually Owned
1-yr Hold
Free & Clear
Property ID
US03-0783688
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
WOOD
Total area
1,286 SF
Lot
0.32 ac (13,993 SF)
Zoning code
BGO
APN
31-05-22-3-009-008.000
UPID
US03-0783688
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
-
Capitol Park Title LLC Title Company
-
Almond Attorneys LLC Law Firm
-
Phillips II Jerry D CPA Accounting Firm Tax Preparation
-
Burns Jr Robert T CPA Accounting Firm Tax Preparation
-
Jessup Ingram & Associates LLP Accounting Firm Tax Preparation
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
Becky M Patterson · 1 yrs held
Becky M Patterson
since 2024
Last sale
$9,100
7 recorded transactions
Zoning & alternative use
BGO · Tuscaloosa, 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 Tuscaloosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tuscaloosa 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,014
Tax year 2023
Assessed value
$116,780
Assessed 2023
Previous assessed
$116,780
+0.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$30,780
Assessed improvement
$86,000
Land market value
$153,900
Improvement market value
$430,000
Total market value
$583,900
Applied tax rate
4.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
6
Bathrooms
1
Total area
1,286 SF
Lot
0.32 ac (13,993 SF)
Zoning code
BGO
APN
31-05-22-3-009-008.000
UPID
US03-0783688
Jurisdiction
TUSCALOOSA
Zoning & alternative use
BGO · Tuscaloosa, AL
Zoning BGO · permitted uses
BGO · Tuscaloosa, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tuscaloosa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Becky M Patterson
Individual
Free & Clear · 1 yrs held
Mailing address
2704 8TH ST, TUSCALOOSA, AL 35401-2106
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2025
—
Davis Genery Properties LLC
—
Deed
related
$84,150 · Bank Of Moundville
Dec 17, 2024
$9,100
Becky M Patterson
Robert A Mccraw
Warranty Deed
—
Dec 2, 2024
$1,400,000
Prince Development LLC
Hill And Spann Land Company LLC
Warranty Deed
$116,500 · Bank Of Moundville
Sep 23, 2024
—
Diamond Jims & Mrs Donnas Of Northp
Jim Allen Dial
Warranty Deed
—
Jun 27, 2024
—
Matthew Kenley Boyd
Heather Lynn Grimes
Warranty Deed
—
May 24, 2024
—
Justin Montgomery
Builders Group Of West Alabama LLC
Warranty Deed
—
May 21, 2024
—
Kenneth Herring
David Grey Belcher Family Trust Dat
Special Warranty Deed
—
May 14, 2024
—
Nicholas Krogmann
Prominence Homes LLC
Warranty Deed
—
May 7, 2024
—
Rice William E Tr Of Share #2 Under
Rice Marital Trust Under Last Will
Warranty Deed
—
Apr 26, 2024
—
Patricia M Aldridge
Patricia M Aldridge
Warranty Deed
related
—
Apr 23, 2024
—
Sally R Brown
Rice William E Tr Of Rice Marital T
Warranty Deed
—
Apr 16, 2024
—
Mark Stanley
Austin Herring
Warranty Deed
—
Apr 12, 2024
—
Cheryl Fikes
Jw Properties LLC
Warranty Deed
—
Mar 11, 2024
—
Lydia Grace Fray
Louis Michaels
Warranty Deed
—
Feb 22, 2024
—
Jennifer Faucett Cote
Faucett James R & Nancy C Living Tr
Personal Representative Deed
—
Feb 16, 2024
—
Mhi Properties II LLC
Marvin Dempson Scales
Warranty Deed
—
Feb 15, 2024
—
John William Snider
John William Snider
Warranty Deed
related
—
Jan 5, 2024
—
Cynthia Yarbrough
Gerald Ross
Warranty Deed
—
Jan 3, 2024
—
Gravel Road Investments LLC
Brad C Speight
Warranty Deed
—
Jan 2, 2024
—
Christian Kuhn
Audrey L Austin
Warranty Deed
—
Nov 3, 2023
—
John B Maxwell
Enclave On Eighth LLC
Warranty Deed
—
Oct 25, 2021
$695,000
Lee Properties LLC
Board Of Trustees Of University Of
Warranty Deed
—
Sep 21, 2012
$307,800
Board Of Trustees Of The Unive
William W Jessup
Warranty Deed
—
Jun 14, 2012
$92,500
First United Methodist Church
William W Jessup
Warranty Deed
—
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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