Technical
Financial
Distress signals
Property profile

3835 Watermelon Rd Northport, AL 35473

OFF-MARKET
Investment properties
Property ID
US03-0543133
7,600 SF 0.94 ac lot Built 1990
Individually Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1990
Construction WOOD
Total area 7,600 SF
Lot 0.94 ac (40,909 SF)
Zoning code C-2
APN 31-01-11-1-001-008.000
UPID US03-0543133

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Insurance Agency
  • Physician
  • Pediatrician Physician

Location

3835 Watermelon Rd Northport, AL 35473-5001
Northport metro Census 10406 TUSCALOOSA, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$789k
Blend (final) Blend
$165k

Owner & transaction history

since 2017
2 recorded transactions
2024
Price N/A
2017
$950,000

Zoning & alternative use

C-2 · Northport, AL
Zoning description

The C-2 district is intended to provide areas that offer convenient access to goods and services from existing and developing residential areas, lessening the need for longer vehicular trips by residents and promoting wa…

General category COMMERCIAL
Top alternative use upside
Warehouse, storage $1.2M +40.2%
Office building $890,000 +8.0%

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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