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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Bowling alleys
3600 Roosevelt Blvd Birmingham, AL 35235-3163
Entity Owned
7-yr Hold
Free & Clear
Property ID
US03-0477345
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
2003
Construction
STEEL FRAME
Total area
50,732 SF
Lot
7.3 ac (317,814 SF)
Zoning code
C4
APN
12-00-27-3-000-003.001
UPID
US03-0477345
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
-
McCorvey's Bowling World (Bike/Boat/Book/etc) Store
-
Spare Time Trussville Bowling Alley
-
Lightning Strikes Bowling Bowling Alley
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
Scf Rc Funding IV LLC · 7 yrs held
Scf Rc Funding IV LLC
since 2019
4 recorded transactions
Zoning & alternative use
C4 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.9M
+38.5%
Apartment house (5+ units)
$2.4M
+14.7%
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
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$2,070,000
Current use
RETAIL STORES
$2,865,000
Change: +38% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,375,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±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
$36 / 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
$119,089
Tax year 2022
Assessed value
$1,965,040
Assessed 2023
Previous assessed
$1,917,700
+2.5% YoY
Effective rate
6.06%
On assessed value
Assessed land
$889,860
Assessed improvement
$1,075,180
Land market value
$4,449,300
Improvement market value
$5,375,900
Total market value
$9,825,200
Applied tax rate
6.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
50,732 SF
Lot
7.3 ac (317,814 SF)
Zoning code
C4
APN
12-00-27-3-000-003.001
UPID
US03-0477345
Jurisdiction
JEFFERSON
Zoning & alternative use
C4 · Birmingham, AL
Zoning C4 · permitted uses
C4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$2.1M
RETAIL STORES
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2003
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
7.3 ac
Current owner
From public records · entity-resolved
Scf Rc Funding IV LLC
Entity
Free & Clear · 7 yrs held
Mailing address
902 CARNEGIE CTR STE #250, PRINCETON, NJ 08540-6530
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2019
$10,000,000
Scf Rc Funding IV LLC
Corley Family Realty LP
Warranty Deed
—
Aug 3, 2017
—
Corley Family Realty LP
—
Grant Deed
related
$90,000,000 · Citizens Bk
Feb 6, 2014
—
Corley Family Realty LP
Belton 16076 Parking Trust
Warranty Deed
related
$3,210,200 · Rbs Citizens NA
Oct 16, 2013
—
Belton 16076 Parking Trust
Dcr III Bowl LLC
Warranty Deed
related
$2,125,000 · Bowl New England INC
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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