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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Office buildings
3776 Sullivan St Madison, AL 35758-2371
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0022171
Property summary
AI-generated overview
West Dublin Office Center offers a prime executive office space opportunity in Madison, AL. This Class B building, totaling 14,984 square feet, features one available suite of 913 square feet, ideally suited for a small business or professional practice. Located on the second floor, the suite benefits from convenient access to I-565 via Madison Boulevard. The property sits on a 0.811-acre lot and is zoned B3 - General Business District, offering flexibility for various commercial uses. Ample parking is provided, with a generous ratio of 4.43 spaces per 1,000 square feet. The building is multi-tenant, allowing for interaction with other businesses. This is an excellent opportunity to secure a well-located, functional office space in a thriving business district. The minimum divisible space is 913 square feet, making it perfect for a single tenant seeking a complete and self-contained office. The property's convenient location and ample parking make it an attractive option for employees and clients alike. Don't miss this chance to establish your business in a desirable and accessible location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1993
Construction
WOOD
Total area
12,244 SF
Lot
0.81 ac (35,328 SF)
APN
16-04-20-1-002-001.001
UPID
US03-0022171
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
-
Synergy Counseling Center Counselor Psychotherapist
-
Legal Journeys, LLC Law Firm
-
Adeel Altaf Bodla Pediatrician Physician
-
The Trainer Group Real Estate Agency
-
Fakhra Ahmad-Bodla, NP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.41M
Owner & transaction history
Redstone Family Realty LLC · 6 yrs held
Redstone Family Realty LLC
since 2020
7 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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$1.41M
Range $1.27M – $1.55M · ±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
$115 / 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
$14,182
Tax year 2023
Assessed value
$202,160
Assessed 2023
Previous assessed
$185,000
+9.3% YoY
Effective rate
7.02%
On assessed value
Assessed land
$39,780
Assessed improvement
$162,380
Land market value
$198,900
Improvement market value
$811,900
Total market value
$1,010,800
Applied tax rate
5.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
12,244 SF
Lot
0.81 ac (35,328 SF)
APN
16-04-20-1-002-001.001
UPID
US03-0022171
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Redstone Family Realty LLC
Entity
Free & Clear · 6 yrs held
Mailing address
220 WYNN DR NW, HUNTSVILLE, AL 35893-0001
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2020
$1,600,000
Redstone Family Realty LLC
Ila B Johnson
Warranty Deed
—
Dec 9, 2015
$613,000
Ila B Johnson
Johnson Ila B Trust
Warranty Deed
related
—
Jan 20, 2009
—
Johnson Ila B Trust
Johnson Ila B Trust
Quit Claim Deed
related
—
Jan 20, 2009
$199,000
Johnson Ila B Trust
West Dublin Office Center Ll
Warranty Deed
—
Feb 21, 2008
$5,000
West Dublin Office Center LLC
Johnson,ila B
Warranty Deed
—
Sep 18, 2007
$157,500
Porter Johnson
Robert P Carrell
Warranty Deed
$892,500 · Colonial Bank NA
—
—
Johnson Ila B Trust
—
Deed Of Trust
related
$702,651 · Servisfirst Bank
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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