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Property profile & analytics
OFF-MARKET
Office Spaces
3517 Richard Arrington Jr N Blvd Birmingham, AL 35234-2307
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0867920
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1889
Total area
1,397 SF
Lot
0.74 ac (32,234 SF)
Zoning code
M2
APN
23-00-30-2-001-002.000
UPID
US03-0867920
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
-
Herman Williams Co Industrial Manufacturer
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
David R Landis · 6 yrs held
David R Landis
since 2020
Last sale
$130,000
3 recorded transactions
Zoning & alternative use
M2 · Birmingham, 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 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
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
$3,168
Tax year 2022
Assessed value
$53,860
Assessed 2023
Previous assessed
$43,700
+23.2% YoY
Effective rate
5.88%
On assessed value
Assessed land
$29,020
Assessed improvement
$24,840
Land market value
$145,100
Improvement market value
$124,200
Total market value
$269,300
Applied tax rate
30.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1889
Heating
SPACE
Stories
1
Bathrooms
1
Total area
1,397 SF
Lot
0.74 ac (32,234 SF)
Zoning code
M2
APN
23-00-30-2-001-002.000
UPID
US03-0867920
Jurisdiction
JEFFERSON
Zoning & alternative use
M2 · Birmingham, AL
Zoning M2 · permitted uses
M2 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1889
Heating
SPACE
Stories
1
Bathrooms
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
David R Landis
Individual
Free & Clear · 6 yrs held
Mailing address
3491 ROSE HL DR, PINSON, AL 35126-3911
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2020
—
David R Landis
Kathy B Landis
Quit Claim Deed
—
Jan 13, 2020
$122,000
Sharon S Landis
David R Landis
Quit Claim Deed
—
Jul 28, 2008
—
Landis,raymond J & Sharon S
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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