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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Medical Office Space
4325 Dolly Rdg Rd Vestavia, AL 35243-5701
Entity Owned
10-yr Hold
Free & Clear
Property ID
US03-0523615
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2015
Total area
5,250 SF
Lot
0.52 ac (22,472 SF)
Zoning code
B1
APN
28-00-22-2-010-012.000
UPID
US03-0523615
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
-
Dr. Retna A. Billano, MD Physician Medical Clinic
-
Heights Dermatology and Aesthetics Medical Clinic Skin Care Clinic
-
Retna Ariotedjo Billano 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
$695k
Owner & transaction history
Brec Dev LLC · 10 yrs held
Brec Dev LLC
since 2016
7 recorded transactions
Zoning & alternative use
B1 · Vestavia, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.1M
+13.3%
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
MEDICAL BUILDING
$935,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,060,000
Change: +13% · Conversion: Moderate
COMMERCIAL (GENERAL)
$920,000
Change: -2% · Conversion: Easy
OFFICE BUILDING
$880,000
Change: -6% · Conversion: Easy
AUTO REPAIR, GARAGE
$845,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$132 / 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
$38,561
Tax year 2022
Assessed value
$253,200
Assessed 2023
Previous assessed
$416,420
-39.2% YoY
Effective rate
15.23%
On assessed value
Assessed land
$97,715
Assessed improvement
$155,485
Land market value
$494,400
Improvement market value
$786,700
Total market value
$1,281,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2015
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
5
Total area
5,250 SF
Lot
0.52 ac (22,472 SF)
Zoning code
B1
APN
28-00-22-2-010-012.000
UPID
US03-0523615
Jurisdiction
JEFFERSON
Zoning & alternative use
B1 · Vestavia, ALZoning B1 · permitted uses
B1 · Vestavia, AL
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 Current
Est. value
$935,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$920,000
OFFICE BUILDING
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$845,000
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2015
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Lot
0.52 ac
Current owner
From public records · entity-resolved
Brec Dev LLC
Entity
Free & Clear · 10 yrs held
Mailing address
2831 SHOOK HL CIR, MOUNTAIN BRK, AL 35223-2618
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2025
—
Billano Investments LLC
—
Deed
related
$200,000 · Community Bank
Mar 2, 2021
—
Billano Investments LLC
—
Deed
related
$1,466,560 · Community Bank
Feb 24, 2016
—
Brec Dev LLC
Billano Investments LLC
Quit Claim Deed
related
—
Feb 24, 2016
$138,500
Brec Dev LLC
Billano Investments LLC
Warranty Deed
—
Feb 24, 2016
$44,000
Brec Dev LLC
Billano Investments LLC
Warranty Deed
—
Jun 9, 2015
—
Billano Investments LLC
—
Trustees Deed
related
$1,250,000 · Wells Fargo Bk
Feb 20, 2015
$175,000
Billano Investments LLC
City Of Vestavia Hills Alabama
Warranty Deed
—
Jul 7, 2014
—
City Of Vestavia Hills
Jefferson County Board Of Educati
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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