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Property profile & analytics
OFF-MARKET
Estimated value
$13,855,000
Warehouses
3610 Hwy 31st 1st Bldg 1 Calera, AL 35040-5801
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-1435427
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Total area
208,000 SF
Lot
11.91 ac (518,974 SF)
APN
228330000003001
UPID
US03-1435427
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.20M
Comparable Approach
Comparable
$11.22M
Blend (final)
Blend
$13.86M
Owner & transaction history
Es 3610 Hwy 31 LLC · 5 yrs held
Es 3610 Hwy 31 LLC
since 2020
Last sale
$14.0M
4 recorded transactions
Zoning & alternative use
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 Calera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calera 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
$16,410,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,550,000
6.5%
$16,200,000
7%
$15,045,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,040,000
Current use
Blend value · Realmo final
$13.86M
Range $12.47M – $15.24M · ±10% · vs last sale $14.04M (Nov 4 2020)
Last sale anchor
$14.04M
Nov 4 2020
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
$67 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$91,241
Tax year 2023
Assessed value
$1,689,640
Assessed 2023
Previous assessed
$1,689,640
+0.0% YoY
Effective rate
5.40%
On assessed value
Land market value
$875,680
Improvement market value
$7,572,440
Total market value
$8,448,120
Applied tax rate
3.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
9
Bathrooms
1
Total area
208,000 SF
Lot
11.91 ac (518,974 SF)
APN
228330000003001
UPID
US03-1435427
Jurisdiction
SHELBY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$16.0M
WAREHOUSE, STORAGE Current
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
2001
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
1
Lot
11.91 ac
Current owner
From public records · entity-resolved
Es 3610 Hwy 31 LLC
Entity
Mailing address
100 W MATSONFORD RD #250, RADNOR, PA 19087-4558
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
—
Entities Listed On Schedult 1 Attac
—
Deed
related
$655,000 · Rbc Real Estate Capital Corp
Nov 4, 2020
$14,037,664
Es 3610 Hwy 31 LLC
Gcp-scp One & Three LLC
Grant Deed
$9,367,840 · Metlife R/e Lndg LLC
Apr 22, 2013
—
Scp New LLC
—
Loan Modification
related
$13,592,000 · Compass Bank
Nov 14, 2005
—
Scp New LLC
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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