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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Amusement parks
2724 Chandalar Pl Dr Pelham, AL 35124-1710
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-1138929
Property profile
Verified
Property type
Amusement parks
Use group
AMUSEMENT PARK
Year built
1996
Total area
12,230 SF
Lot
0.64 ac (27,835 SF)
APN
131121001002019
UPID
US03-1138929
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
-
Grinnell Fire & Security Production Facility Building Supply
-
Bonds Brothers Supply Co. Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$657k
Blend (final)
Blend
$730k
Owner & transaction history
Lowell J Bonds · 6 yrs held
Lowell J Bonds
since 2020
Last sale
$735,000
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 Pelham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pelham 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
$860,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $735k (Jan 17 2020)
Last sale anchor
$735k
Jan 17 2020
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
$60 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,693
Tax year 2023
Assessed value
$167,120
Assessed 2023
Previous assessed
$167,120
+0.0% YoY
Effective rate
5.80%
On assessed value
Land market value
$115,970
Improvement market value
$719,590
Total market value
$835,560
Applied tax rate
8.0000
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
Amusement parks
Use group
AMUSEMENT PARK
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
10
Bathrooms
1
Total area
12,230 SF
Lot
0.64 ac (27,835 SF)
APN
131121001002019
UPID
US03-1138929
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
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
10
Bathrooms
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Lowell J Bonds
Individual
Free & Clear · 6 yrs held
Mailing address
1808 HUMMINGBIRD LN, HOOVER, AL 35226-2719
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jul 1, 2020
$80,254
Lowell J Bonds
Lowell J Bonds
Warranty Deed
related
—
Jul 1, 2020
$8,000
Lowell J Bonds
Lowell J Bonds
Warranty Deed
related
—
Mar 4, 2020
—
Lowell J Bonds
—
Deed
related
$450,000 · Servisfirst Bank
Jan 17, 2020
$735,000
Lowell Bonds
Hrh Ents LLC
Warranty Deed
—
Dec 6, 2018
—
Hrh Enterprises LLC
—
Deed
related
$1,122,000 · Branch Banking And Trust Co
Oct 4, 2016
$575,000
Hrh Ents LLC
Humphries,b J
Warranty Deed
$575,000 · Hook & Hamb LLC
May 7, 2009
—
Humphries B J
—
Trustees Deed
related
$115,150 · Frontier Bank
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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