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Property profile & analytics
OFF-MARKET
Retail space
408 Gunter Ave Guntersville, AL 35976-1130
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US03-0629866
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
WOOD
Total area
1,840 SF
Lot
0.06 ac (2,804 SF)
Zoning code
15
APN
15-01-11-2-001-009.000
UPID
US03-0629866
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
-
Tennessee Valley Family Services Social Service Agency Charitable Organization
-
Cheeky Fit Apparel Clothing Store
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
Due South Merchants LLC · 4 yrs held
Due South Merchants LLC
since 2022
Last sale
$110,000
7 recorded transactions
Zoning & alternative use
15 · Guntersville, AL
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 Guntersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Guntersville 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,015
Tax year 2023
Assessed value
$23,600
Assessed 2023
Previous assessed
$23,600
+0.0% YoY
Effective rate
4.30%
On assessed value
Assessed land
$2,660
Assessed improvement
$20,940
Land market value
$13,300
Improvement market value
$104,700
Total market value
$118,000
Applied tax rate
15.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
1,840 SF
Lot
0.06 ac (2,804 SF)
Zoning code
15
APN
15-01-11-2-001-009.000
UPID
US03-0629866
Jurisdiction
MARSHALL
Zoning & alternative use
15 · Guntersville, ALZoning 15 · permitted uses
15 · Guntersville, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CONTENTS
Building & site characteristics
From public records
Year built
1920
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Due South Merchants LLC
Entity
Mailing address
408 GUNTER AVE, GUNTERSVILLE, AL 35976-1130
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
$285,000
Due South Merchants LLC
Checky Fit Apparel LLC
Warranty Deed
$215,911 · Liberty Bank
Feb 12, 2020
$94,200
Varnell & Co LLC
Michael T Varnell
Warranty Deed
related
—
Jan 13, 2020
—
Cheeky Fit Apparel LLC
—
Deed
related
$141,883 · Citizens Bk
Sep 27, 2019
$110,000
Cheeky Fit Apparel LLC
James D Perkins
Warranty Deed
$121,051 · Citizens Bk
Jul 27, 2017
$299,500
Citizens B & T Holdings
Citizens Bk & Trust
Warranty Deed
related
—
Aug 21, 2015
$68,100
Michael T Varnell
Sullee Holdings LLC
Warranty Deed
$64,600 · Hometown Bk/al
Apr 14, 2005
—
Sullee Holdings LLC
Hawk,fred
Grant Deed
related
—
—
—
Cheeky Fit Apparel LLC
—
Loan Modification
related
$141,883 · Citizens Bk
—
—
Sullee Holdings LLC
—
Deed Of Trust
related
$58,461 · First Commercial 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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