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Property profile & analytics
OFF-MARKET
Garden apartment buildings
300 55th St, Fairfield, AL 35064-2191
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US03-0127404
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1950
Total area
3,000 SF
Lot
0.6 ac (26,201 SF)
Zoning code
R4
APN
30-00-12-3-022-004.000
UPID
US03-0127404
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
H Grey Investments LLC · 1 yrs held
H Grey Investments LLC
since 2024
Last sale
$89,000
7 recorded transactions
Zoning & alternative use
R4 · Fairfield, 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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
$1,174
Tax year 2022
Assessed value
$17,800
Assessed 2023
Previous assessed
$17,800
+0.0% YoY
Effective rate
6.60%
On assessed value
Assessed land
$10,360
Assessed improvement
$7,440
Land market value
$51,800
Improvement market value
$37,200
Total market value
$89,000
Applied tax rate
55.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1950
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
15
Bathrooms
4
Total area
3,000 SF
Lot
0.6 ac (26,201 SF)
Zoning code
R4
APN
30-00-12-3-022-004.000
UPID
US03-0127404
Jurisdiction
JEFFERSON
Zoning & alternative use
R4 · Fairfield, AL
Zoning R4 · permitted uses
R4 · Fairfield, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
15
Bathrooms
4
Lot
0.6 ac
Current owner
From public records · entity-resolved
H Grey Investments LLC
Entity
Mailing address
300 55TH ST, FAIRFIELD, AL 35064-2191
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
—
H Grey Investments LLC
—
Deed
related
$142,000 · Cadence Bank
Dec 27, 2024
$89,000
H Grey Investments LLC
G3 Homes LLC
Warranty Deed
$556,500 · Cadence Bank
Mar 15, 2024
$126,100
G3 Homes LLC
Hbi LLC
Warranty Deed
$130,000 · Antrorse Properties
Sep 30, 2021
$280,000
Hbi LLC
Ripcord LLC
Public Action
related
—
Sep 22, 2021
$120,000
Ripcord LLC
Andra O Hall
Warranty Deed
—
Mar 18, 2013
$40,000
Andra O Hall
Knox,darius
Warranty Deed
—
Nov 10, 2009
—
Knox,darius
Owner Name Unavailable
Grant Deed
related
—
Apr 7, 2004
—
Cwm Properties LLC
Mcdaniel,charles W JR & Donna G
Warranty Deed
related
—
Nov 8, 2001
$210,000
Charles W Mcdaniel JR
Oliver,dianne W
Grant Deed
—
May 1, 1988
$48,494
Milton Wallace
—
Deed Of Trust
related
—
—
—
Cwm Properties LLC
—
Deed Of Trust
related
$372,000 · Capitalsouth Bk
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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