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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2908 Independence Dr Birmingham, AL 35209-4174
Trust Owned
10-yr Hold
Free & Clear
Property ID
US03-0526905
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1988
Total area
800 SF
Lot
0.58 ac (25,130 SF)
Zoning code
C2
APN
28-00-07-3-030-011.000
UPID
US03-0526905
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
-
Shell Car Wash
-
U-Haul Neighborhood Dealer Car Rental Facility
-
ATM (ATM Link, Inc.) Atm
-
National Bitcoin ATM Atm Currency Exchange 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
by Request
Owner & transaction history
Harinen,lexa 2016 Trust · 10 yrs held
Harinen,lexa 2016 Trust
since 2016
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
C2 · 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
—
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
$31,028
Tax year 2022
Assessed value
$431,880
Assessed 2023
Previous assessed
$413,700
+4.4% YoY
Effective rate
7.18%
On assessed value
Assessed land
$361,880
Assessed improvement
$70,000
Land market value
$1,809,400
Improvement market value
$350,000
Total market value
$2,159,400
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
800 SF
Lot
0.58 ac (25,130 SF)
Zoning code
C2
APN
28-00-07-3-030-011.000
UPID
US03-0526905
Jurisdiction
JEFFERSON
Zoning & alternative use
C2 · Birmingham, AL
Zoning C2 · permitted uses
C2 · 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
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Harinen,lexa 2016 Trust
Trust
Free & Clear · 10 yrs held
Mailing address
PO BOX 1565, LAWRENCEVILLE, GA 30046-1565
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2016
$247,500
Harinen,lexa 2016 Trust
Harinen,lexa
Warranty Deed
related
—
Jul 2, 2015
—
Lexa Harinen
Wight Betty L
Grant Deed
related
—
Jun 11, 2015
$372,000
Lexa Harinen
Wight Betty L
Grant Deed
related
—
Dec 1, 2006
—
Mcpherson,charles K JR
Mcpherson Companies INC
Quit Claim Deed
related
—
—
—
Osgiliath LLC
—
Deed Of Trust
related
$2,000,000 · National Bk/commerce
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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