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Property profile & analytics
OFF-MARKET
Office buildings
423 23rd N St Pell City, AL 35125-1740
Entity Owned
3-yr Hold
Free & Clear
Property ID
US03-0980827
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
WOOD
Total area
2,924 SF
Lot
0.41 ac (17,810 SF)
Zoning code
6
APN
23-07-36-3-005-010.000
UPID
US03-0980827
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
-
Jared B. Arnold Law Firm
-
Pell City Law Firm
-
Law Office of Brandy Valentini, LLC Law Firm
-
ENT Associates of Alabama, P.C. - Pell City Medical Clinic
-
Southern Skies Dermatology and Surgery Physician Medical Clinic
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
P Cent Properties LLC · 3 yrs held
P Cent Properties LLC
since 2023
Last sale
$225,000
5 recorded transactions
Zoning & alternative use
6 · Pell City, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Pell City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pell City 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,107
Tax year 2022
Assessed value
$57,802
Assessed 2023
Previous assessed
$51,404
+12.4% YoY
Effective rate
3.65%
On assessed value
Assessed land
$9,800
Assessed improvement
$48,002
Land market value
$49,000
Improvement market value
$240,010
Total market value
$289,010
Applied tax rate
6.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,924 SF
Lot
0.41 ac (17,810 SF)
Zoning code
6
APN
23-07-36-3-005-010.000
UPID
US03-0980827
Jurisdiction
ST CLAIR
Zoning & alternative use
6 · Pell City, AL
Zoning 6 · permitted uses
6 · Pell City, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pell City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
P Cent Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
525 POINCIANA DR, BIRMINGHAM, AL 35209-4131
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Mar 17, 2023
$225,000
P Cent Properties LLC
Davis And Tice INC
Warranty Deed
—
Aug 30, 2019
—
Lauren D Tice
Davis,paul H
Quit Claim Deed
related
—
Jul 11, 2014
$70,000
W Van Davis INC
Billy L Church
Warranty Deed
—
Dec 9, 2010
$134,000
Church,billy L
Mea Property Management LLC
Warranty Deed
—
Sep 19, 2001
—
Lee,culver Family Trust
Lee,culver
Quit Claim 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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