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Property profile & analytics
OFF-MARKET
Estimated value
$8,295,000
Medical Office Space
3070 Healthy Way Birmingham, AL 35243-2331
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0943206
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Total area
93,764 SF
Lot
6.1 ac (265,890 SF)
Zoning code
PB
APN
28-00-34-2-000-001.001
UPID
US03-0943206
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
-
Daddy's therapy Hospital
-
Aspire Physical Recovery Center at Cahaba River, LLC Nursing Home
-
STIRLING K SHIRAH Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.14M
Blend (final)
Blend
$8.30M
Owner & transaction history
Rime Holdings LLC · 10 yrs held
Rime Holdings LLC
since 2015
3 recorded transactions
Zoning & alternative use
PB · Birmingham, AL
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
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
Blend value · Realmo final
$8.30M
Range $7.47M – $9.12M · ±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
$88 / 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
$336,405
Tax year 2022
Assessed value
$2,524,840
Assessed 2023
Previous assessed
$3,632,880
-30.5% YoY
Effective rate
13.32%
On assessed value
Assessed land
$613,022
Assessed improvement
$1,911,818
Land market value
$4,519,800
Improvement market value
$14,095,800
Total market value
$18,615,600
Applied tax rate
20.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
93,764 SF
Lot
6.1 ac (265,890 SF)
Zoning code
PB
APN
28-00-34-2-000-001.001
UPID
US03-0943206
Jurisdiction
JEFFERSON
Zoning & alternative use
PB · Birmingham, ALZoning PB · permitted uses
PB · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning/Zoning (MapServer)
Building & site characteristics
From public records
Year built
2016
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
6.1 ac
Current owner
From public records · entity-resolved
Rime Holdings LLC
Entity
Free & Clear · 10 yrs held
Mailing address
931 FAIRFAX PARK, TUSCALOOSA, AL 35406-2805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2017
—
Cahaba Riv Health Realty LLC
—
Grant Deed
related
$51,223,000 · Regions Bk
Sep 15, 2015
$261,500
Rime Holdings LLC
Daniel Of Rime Patchwork Farms Ll
Warranty Deed
related
—
Jan 7, 2009
—
Vestavia City Of Board Of Edu
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.
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