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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Investment properties
2808 Mcfarland Blvd Northport, AL 35476-2902
Entity Owned
Free & Clear
Property ID
US03-0897065
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1983
Total area
7,296 SF
Lot
1.13 ac (49,223 SF)
Zoning code
C-6
APN
31-02-09-1-004-001.000
UPID
US03-0897065
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
$1.34M
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.12M
Owner & transaction history
A C M J P M PROPERTIES LLC
A C M J P M PROPERTIES LLC
Zoning & alternative use
C-6 · Northport, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-6 district is intended for properties adjacent to McFarland Boulevard to accommodate a wide range of commercial activities
Zone name
Commercial Highway
General category
COMMERCIAL
Zone area
495.57 ac
Source
Realmo
Top alternative use upside
Restaurant
$1.6M
+99.7%
Warehouse, storage
$1.1M
+40.2%
Office building
$855,000
+8.0%
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 Northport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northport 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%
$1,445,000
6.5%
$1,335,000
7%
$1,240,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$790,000
Current use
RESTAURANT
$1,580,000
Change: +100% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,110,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$855,000
Change: +8% · Conversion: Easy
RETAIL STORES
$690,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±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
$153 / 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
$9,392
Tax year 2023
Assessed value
$287,880
Assessed 2023
Previous assessed
$224,080
+28.5% YoY
Effective rate
3.26%
On assessed value
Assessed land
$29,520
Assessed improvement
$258,360
Land market value
$147,600
Improvement market value
$1,291,800
Total market value
$1,439,400
Applied tax rate
5.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1983
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Bathrooms
1
Total area
7,296 SF
Lot
1.13 ac (49,223 SF)
Zoning code
C-6
APN
31-02-09-1-004-001.000
UPID
US03-0897065
Jurisdiction
TUSCALOOSA
Zoning & alternative use
C-6 · Northport, ALZoning C-6 · permitted uses
C-6 · Northport, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-6 district is intended for properties adjacent to McFarland Boulevard to accommodate a wide range of commercial activities
Zone name
Commercial Highway
General category
COMMERCIAL
Zone area
495.57 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$790,000
RESTAURANT
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$855,000
RETAIL STORES
Est. value
$690,000
COMMERCIAL (GENERAL) Current
RESTAURANT
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1983
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
A C M J P M PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 20530, TUSCALOOSA, AL 35402-0530
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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