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Property profile & analytics
OFF-MARKET
Motels
3950 Colonnade Pkwy Birmingham, AL 35243-2382
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US03-1857347
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2007
Total area
38,352 SF
Lot
2.86 ac (124,538 SF)
Zoning code
B2
APN
28-00-27-4-001-001.007
UPID
US03-1857347
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
-
SpringHill Suites Birmingham Colonnade/Grandview Hotel & Motel
-
Tesla Destination Charger Electric Vehicle Charging Station
-
3950 Colonnade Parkway Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rajpadmaprabha Hotel LLC · 4 yrs held
Rajpadmaprabha Hotel LLC
since 2022
Last sale
$10.5M
4 recorded transactions
Zoning & alternative use
B2 · Birmingham, AL
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$103,244
Tax year 2022
Assessed value
$2,136,160
Assessed 2023
Previous assessed
$1,424,060
+50.0% YoY
Effective rate
4.83%
On assessed value
Assessed land
$252,574
Assessed improvement
$1,883,586
Land market value
$1,245,300
Improvement market value
$9,286,900
Total market value
$10,532,200
Applied tax rate
30.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2007
Heating
HEAT PUMP
Stories
4
Rooms
12
Bathrooms
1
Total area
38,352 SF
Lot
2.86 ac (124,538 SF)
Zoning code
B2
APN
28-00-27-4-001-001.007
UPID
US03-1857347
Jurisdiction
JEFFERSON
Zoning & alternative use
B2 · Birmingham, AL
Zoning B2 · permitted uses
B2 · 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.
Building & site characteristics
From public records
Year built
2007
Heating
HEAT PUMP
Stories
4
Rooms
12
Bathrooms
1
Lot
2.86 ac
Current owner
From public records · entity-resolved
Rajpadmaprabha Hotel LLC
Entity
Mailing address
233 12TH ST STE #301, COLUMBUS, GA 31901-2494
Ownership since
2022
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
Feb 4, 2022
$10,500,000
Rajpadmaprabha Hotel LLC
Phvif Birmingham LLC
Warranty Deed
$9,887,200 · River Bank And Trust
Sep 16, 2016
$10,500
Phvif Birmingham LLC
Bre Ssp Property Owner LLC
Warranty Deed
—
Apr 2, 2014
$204,984,000
Bre Ssp Property Owner LLC
Palmetto Hospitality Of Birmingha
Grant Deed
$204,000,000 · Jp Morgan Chase Bk
—
—
Palmetto Hospitality Of Birmingha
—
Deed Of Trust
related
$165,000,000 · Bank Of America California NA
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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