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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office Spaces
4154 Crosshaven Dr Vestavia, AL 35243-5228
Individually Owned
10-yr Hold
Free & Clear
Property ID
US03-1013931
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1985
Total area
5,506 SF
Lot
0.37 ac (16,187 SF)
Zoning code
C1
APN
28-00-22-1-015-001.001
UPID
US03-1013931
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
-
Wedgworth Construction Co Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$615k
Owner & transaction history
Michael Wedgworth · 10 yrs held
Michael Wedgworth
since 2016
5 recorded transactions
Zoning & alternative use
C1 · Vestavia, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$980,000
+1.5%
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 Vestavia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vestavia 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
COMMERCIAL (GENERAL)
$965,000
Current use
MEDICAL BUILDING
$980,000
Change: +2% · Conversion: Easy
OFFICE BUILDING
$920,000
Change: -5% · Conversion: Easy
AUTO REPAIR, GARAGE
$885,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$112 / 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
$9,973
Tax year 2022
Assessed value
$121,760
Assessed 2023
Previous assessed
$107,700
+13.1% YoY
Effective rate
8.19%
On assessed value
Assessed land
$71,220
Assessed improvement
$50,540
Land market value
$356,100
Improvement market value
$252,700
Total market value
$608,800
Applied tax rate
20.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
5,506 SF
Lot
0.37 ac (16,187 SF)
Zoning code
C1
APN
28-00-22-1-015-001.001
UPID
US03-1013931
Jurisdiction
JEFFERSON
Zoning & alternative use
C1 · Vestavia, AL
Zoning C1 · permitted uses
C1 · Vestavia, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vestavia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$965,000
MEDICAL BUILDING
Est. value
$980,000
OFFICE BUILDING
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$885,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Michael Wedgworth
Individual
Free & Clear · 10 yrs held
Mailing address
4154 CROSSHAVEN DR, VESTAVIA, AL 35243-5228
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2016
—
Michael Wedgworth
—
Deed
related
—
Apr 14, 2015
—
Michael Wedgworth
—
Trustees Deed
related
$332,000 · Heritagebank Of The South
—
—
Wedgworth,michael W
—
Deed Of Trust
related
$500,000 · Servisfirst Bk
—
—
Wedgworth Construction Co INC
—
Deed Of Trust
related
$315,000 · Regions Bk/norcross Ga
—
—
Michael Wedgworth
—
Loan Modification
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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