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Property profile & analytics
OFF-MARKET
Strip malls
300 Colonial Promenade Pkwy Alabaster, AL 35007-3131
Entity Owned
1-yr Hold
Free & Clear
Property ID
US03-1499939
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
9,444 SF
Lot
21.79 ac (949,260 SF)
APN
231014001001008
UPID
US03-1499939
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
-
Dollar Tree Discount Store
-
We Fix It Phone Repair Computer & Electronic Repair Tech Support Center
-
Books-A-Million (Bike/Boat/Book/etc) Store
-
Kirkland's Home Home Decor Store Department Store
-
Batteries Plus Auto Parts Store
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
Dollar Tree Stores INC · 1 yrs held
Dollar Tree Stores INC
since 2024
6 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 Alabaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alabaster 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
$282,340
Tax year 2023
Assessed value
$5,228,520
Assessed 2023
Previous assessed
$5,228,520
+0.0% YoY
Effective rate
5.40%
On assessed value
Land market value
$5,980,330
Improvement market value
$20,162,240
Total market value
$26,142,570
Applied tax rate
2.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Rooms
4
Bathrooms
4
Total area
9,444 SF
Lot
21.79 ac (949,260 SF)
APN
231014001001008
UPID
US03-1499939
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
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Rooms
4
Bathrooms
4
Lot
21.79 ac
Current owner
From public records · entity-resolved
Dollar Tree Stores INC
Entity
Free & Clear · 1 yrs held
Mailing address
1301 RIVERPLACE BLVD STE #1600, JACKSONVILLE, FL 32207-9047
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2024
—
Dollar Tree Stores INC
PC Sweet Home Bama LLC
Deed
—
Oct 29, 2024
—
Dollar Tree Stores INC
PC Sweet Home Bama LLC
Deed
—
Oct 21, 2015
$52,000,000
PC Sweet Home Bama LLC
Propst Alabaster LLC
Grant Deed
$39,000,000 · Barclays Bk/plc
Oct 26, 2012
—
Oz Clp Alabaster LLC
Owner Name Unavailable
Grant Deed
related
—
Jun 27, 2007
$40,000,000
Oz Of Clp Alabaster LLC
Colonial Realty
Grant Deed
$284,000,000 · Ubs Real Estate Securities INC
May 7, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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