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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Warehouses
3006 Decatur Hwy Fultondale, AL 35068-1369
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0524489
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Total area
19,925 SF
Lot
9.13 ac (397,703 SF)
Zoning code
B2
APN
14-00-24-4-000-001.000
UPID
US03-0524489
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
-
StoreEase Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.70M
Owner & transaction history
Sherry Hays · 5 yrs held
Sherry Hays
since 2020
6 recorded transactions
Zoning & alternative use
B2 · Fultondale, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+168.4%
Neighborhood: shopping center
$2.8M
+167.6%
Commercial (general)
$2.3M
+120.1%
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 Fultondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fultondale 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,050,000
Current use
AUTO REPAIR, GARAGE
$2,820,000
Change: +168% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,810,000
Change: +168% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,310,000
Change: +120% · Conversion: Difficult
RETAIL STORES
$1,915,000
Change: +82% · Conversion: Moderate
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±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
$85 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$38,273
Tax year 2022
Assessed value
$917,000
Assessed 2023
Previous assessed
$694,600
+32.0% YoY
Effective rate
4.17%
On assessed value
Assessed land
$198,840
Assessed improvement
$718,160
Land market value
$994,200
Improvement market value
$3,590,800
Total market value
$4,585,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
118
Total area
19,925 SF
Lot
9.13 ac (397,703 SF)
Zoning code
B2
APN
14-00-24-4-000-001.000
UPID
US03-0524489
Jurisdiction
JEFFERSON
Zoning & alternative use
B2 · Fultondale, AL
Zoning B2 · permitted uses
B2 · Fultondale, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fultondale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$1.9M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2020
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
118
Lot
9.13 ac
Current owner
From public records · entity-resolved
Sherry Hays
Individual
Free & Clear · 5 yrs held
Mailing address
824 HIGHLAND AVE, ORLANDO, FL 32803-3941
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2024
—
Lsf II Fultondale LLC
—
Deed
related
$40,000,000 · Huntington National Bank
Jan 4, 2024
—
Charles Abron
—
Deed
related
$264,025 · Northstar Mortgage Advisors
Sep 19, 2023
—
Marlon Javier Melendez Soriano
—
Deed
related
$247,133 · First National Bank Of America
Nov 12, 2020
$1,000
Sherry Hays
Fultondale Self Storage LLC
Warranty Deed
related
—
Oct 4, 2019
—
Fultondale Self Storage LLC
—
Grant Deed
related
$4,434,018 · First Bk/al
Dec 20, 2018
$680,000
Fultondale Self Storage LLC
The Boyd Tucker Co Fultondale LLC
Warranty Deed
—
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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