Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail properties & Spaces
4128 Jay Ave Adamsville, AL 35005
Entity Owned
1-yr Hold
Free & Clear
Property ID
US03-0640313
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1968
Total area
44,216 SF
Lot
4.87 ac (212,137 SF)
Zoning code
B3
APN
15-00-34-3-024-001.000
UPID
US03-0640313
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Warr Properties LLC · 1 yrs held
Warr Properties LLC
since 2024
Last sale
$625,000
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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Dec 27 2024)
Last sale anchor
$625k
Dec 27 2024
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
$14 / 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
$5,872
Tax year 2022
Assessed value
$118,700
Assessed 2023
Previous assessed
$96,740
+22.7% YoY
Effective rate
4.95%
On assessed value
Assessed land
$39,780
Assessed improvement
$78,920
Land market value
$198,900
Improvement market value
$394,600
Total market value
$593,500
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
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
1968
Heating
SPACE
Stories
1
Total area
44,216 SF
Lot
4.87 ac (212,137 SF)
Zoning code
B3
APN
15-00-34-3-024-001.000
UPID
US03-0640313
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
1968
Heating
SPACE
Stories
1
Lot
4.87 ac
Current owner
From public records · entity-resolved
Warr Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4128 VETERANS MEMORIAL DR, ADAMSVILLE, AL 35005-1370
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Dec 27, 2024
$625,000
Warr Properties LLC
Michael Rich
Warranty Deed
—
Oct 1, 1995
$525,000
New Owner
Hallmark,fred H
Grant Deed
related
—
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 4128 Jay Ave?
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.
