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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Retail properties & Spaces
405 Cres Rdg NE Rd Tuscaloosa, AL 35404-2765
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-2497035
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2021
Total area
6,000 SF
Lot
1.72 ac (74,923 SF)
APN
30-05-16-2-003-017.000
UPID
US03-2497035
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
-
T3 Enterprises Clothing & Fashion Store
-
La Mini Super Food Market Grocery & Convenience Store
-
Khronic Paint Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$712k
Blend (final)
Blend
$695k
Owner & transaction history
Rjbarry LLC · 5 yrs held
Rjbarry LLC
since 2021
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+159.5%
Office building
$735,000
+79.1%
Commercial (general)
$690,000
+68.6%
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 Tuscaloosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tuscaloosa 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,065,000
Change: +160% · Conversion: Difficult
OFFICE BUILDING
$735,000
Change: +79% · Conversion: Difficult
COMMERCIAL (GENERAL)
$690,000
Change: +69% · Conversion: Difficult
RETAIL STORES
$570,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$540,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$116 / 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
$5,796
Tax year 2023
Assessed value
$214,680
Assessed 2023
Previous assessed
$6,100
+3,419.3% YoY
Effective rate
2.70%
On assessed value
Assessed land
$5,680
Assessed improvement
$209,000
Land market value
$28,400
Improvement market value
$1,045,000
Total market value
$1,073,400
Applied tax rate
2.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2021
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
6
Total area
6,000 SF
Lot
1.72 ac (74,923 SF)
APN
30-05-16-2-003-017.000
UPID
US03-2497035
Jurisdiction
TUSCALOOSA
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
Est. value
$1.1M
OFFICE BUILDING
Est. value
$735,000
COMMERCIAL (GENERAL)
Est. value
$690,000
RETAIL STORES
Est. value
$570,000
MEDICAL BUILDING
Est. value
$540,000
WAREHOUSE, STORAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
2021
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Lot
1.72 ac
Current owner
From public records · entity-resolved
Rjbarry LLC
Entity
Mailing address
PO BOX 20133, TUSCALOOSA, AL 35402-0133
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2022
—
Rjbarry LLC
—
Deed
related
$324,000 · Renasant Bank
Jul 5, 2022
—
Rjbarry LLC
—
Deed
related
$96,550 · Renasant Bank
Apr 29, 2021
—
Rjbarry LLC
Barry Fields
Warranty Deed
—
Jan 28, 2021
—
Rjbarry LLC
—
Deed
related
$483,000 · Renasant Bank
Sep 10, 2019
$47,500
Barry Fields
Drl LLC
Warranty Deed
—
Oct 4, 2016
—
Drl LLC
—
Deed
related
$31,980 · Cadence 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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