Property profile

323 1st NW St Arab, AL 35016

OFF-MARKET
Retail space
Property ID
US03-0961115
10,143 SF 0.47 ac lot Built 1940
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,143 SF
Lot 0.47 ac (20,473 SF)
Zoning code 11
APN 13-06-23-4-004-003.000
UPID US03-0961115

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

323 1st NW St Arab, AL 35016-1347
Arab metro Census 30401 ALBERTVILLE, AL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$352k
Blend (final) Blend
$245k

Owner & transaction history

since 2019
6 recorded transactions
2025
Price N/A
2019
Price N/A
2019
Price N/A
2011
$350,000
2010
Price N/A
2006
Price N/A

Zoning & alternative use

11 · Arab, AL
Top alternative use upside
Warehouse, storage $515,000 +9.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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