Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Office Spaces
3915 Veterans Memorial Dr Adamsville, AL 35005-2260
Entity Owned
3-yr Hold
Free & Clear
Property ID
US03-0889733
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1996
Total area
23,604 SF
Lot
3.07 ac (133,903 SF)
Zoning code
B3
APN
21-00-03-1-000-033.000
UPID
US03-0889733
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
-
Jessica Lockhart Physician
-
Dr. Mark J. Richman, MD Physician
-
Brand Oliver B MD Physician
-
Dr. Albert E. Smith III, MD Pediatrician Physician
-
Best Day Chimney Sweeps General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Big Veterans Holdings LLC · 3 yrs held
Big Veterans Holdings LLC
since 2023
Last sale
$875,000
2 recorded transactions
Zoning & alternative use
B3 · Adamsville, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The district encourages commercial centers to serve the community or region at large. The B-3 District also allows for institutional uses which are compatible with commercial activities
Zone name
Regional Shopping
General category
CIVIC_INSTITUTIONAL
Zone area
186.62 ac
Source
Realmo
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 Adamsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Adamsville 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
$965,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $875k (Aug 1 2023)
Last sale anchor
$875k
Aug 1 2023
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
$39 / 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
$13,155
Tax year 2022
Assessed value
$182,920
Assessed 2023
Previous assessed
$216,720
-15.6% YoY
Effective rate
7.19%
On assessed value
Assessed land
$22,560
Assessed improvement
$160,360
Land market value
$112,800
Improvement market value
$801,800
Total market value
$914,600
Applied tax rate
4.0000
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
1996
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
23,604 SF
Lot
3.07 ac (133,903 SF)
Zoning code
B3
APN
21-00-03-1-000-033.000
UPID
US03-0889733
Jurisdiction
JEFFERSON
Zoning & alternative use
B3 · Adamsville, ALZoning B3 · permitted uses
B3 · Adamsville, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The district encourages commercial centers to serve the community or region at large. The B-3 District also allows for institutional uses which are compatible with commercial activities
Zone name
Regional Shopping
General category
CIVIC_INSTITUTIONAL
Zone area
186.62 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
3.07 ac
Current owner
From public records · entity-resolved
Big Veterans Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7100 NORTHLAND CIR N STE #410, MINNEAPOLIS, MN 55428-1500
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
—
Minnesota Limited Liability Co
—
Deed
related
$656,000 · Bremer Bank
Aug 1, 2023
$875,000
Big Veterans Holdings LLC
Nancy Gann Campbell
Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3915 Veterans Memorial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
