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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Assisted living facilities
4200 Chris SW Dr Huntsville, AL 35802-4197
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US03-0819192
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1994
Construction
WOOD
Total area
7,566 SF
Lot
6 ac (261,360 SF)
APN
17-06-24-4-000-054.002
UPID
US03-0819192
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
-
Country Cottage Huntsville Nursing Home Retirement Community
-
Denise Johnson Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$442k
Blend (final)
Blend
$565k
Owner & transaction history
Cottages Huntsville LLC · 7 yrs held
Cottages Huntsville LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$890,000
+253.0%
Restaurant
$845,000
+235.8%
Office building
$705,000
+178.8%
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 Huntsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntsville 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
$690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$890,000
Change: +253% · Conversion: Difficult
RESTAURANT
$845,000
Change: +236% · Conversion: Difficult
OFFICE BUILDING
$705,000
Change: +179% · Conversion: Difficult
COMMERCIAL (GENERAL)
$560,000
Change: +123% · Conversion: Difficult
RETAIL STORES
$460,000
Change: +82% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$75 / 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
$173,774
Tax year 2023
Assessed value
$2,996,100
Assessed 2023
Previous assessed
$2,638,940
+13.5% YoY
Effective rate
5.80%
On assessed value
Assessed land
$104,400
Assessed improvement
$2,891,700
Land market value
$522,000
Improvement market value
$14,458,500
Total market value
$14,980,500
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Units
1
Bathrooms
69
Total area
7,566 SF
Lot
6 ac (261,360 SF)
APN
17-06-24-4-000-054.002
UPID
US03-0819192
Jurisdiction
MADISON
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
MEDICAL BUILDING
Est. value
$890,000
RESTAURANT
Est. value
$845,000
OFFICE BUILDING
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$560,000
RETAIL STORES
Est. value
$460,000
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1994
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
1
Bathrooms
69
Lot
6 ac
Current owner
From public records · entity-resolved
Cottages Huntsville LLC
Entity
Mailing address
1355 LYNNFIELD RD STE #110, MEMPHIS, TN 38119-5844
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2019
$10,249,820
Cottages Huntsville LLC
Country Cottage Huntsville LLC
Warranty Deed
$29,575,000 · Suntrust Bank
Jun 13, 2016
—
Country Cottage-huntsville LLC
—
Deed
related
$2,000,000 · Cb&s Bk
Dec 13, 2010
—
Country Cottage-huntsville LLC
—
Trustees Deed
related
$5,830,000 · Branch Banking & Trust Co
Nov 5, 2010
—
Country Cottage-huntsville LLC
Country Cottage-rcl LLC
Quit Claim Deed
related
—
Oct 7, 2010
$1,403,500
Country Cottage-huntsville LLC
Country Cottage-rcl LLC
Warranty Deed
—
—
—
Country Cottage-huntsville LLC
—
Deed Of Trust
related
$5,772,748 · Cb&s Bk
—
—
Country Cottage-huntsville LLC
—
Deed Of Trust
related
$2,000,000 · Cb&s Bk
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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