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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Sports & entertainment properties
4623 Cp Coleman Rd Trussville, AL 35173-1539
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US03-0708980
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1981
Total area
16,120 SF
Lot
2.76 ac (120,095 SF)
Zoning code
QC4
APN
11-00-18-3-000-019.002
UPID
US03-0708980
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
$1.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.78M
Owner & transaction history
Peak Storage Grp LLC · 3 yrs held
Peak Storage Grp LLC
since 2022
Last sale
$2.3M
6 recorded transactions
Zoning & alternative use
QC4 · Trussville, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+266.8%
Auto repair, garage
$1.5M
+138.5%
Restaurant
$1.4M
+122.6%
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 Trussville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trussville 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
$1,740,000
ML approach
$1,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,265,000
Change: +267% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,475,000
Change: +138% · Conversion: Difficult
RESTAURANT
$1,375,000
Change: +123% · Conversion: Difficult
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±10% · vs last sale $2.25M (Sep 29 2022)
Last sale anchor
$2.25M
Sep 29 2022
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
$110 / 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
$21,668
Tax year 2022
Assessed value
$502,260
Assessed 2023
Previous assessed
$348,920
+43.9% YoY
Effective rate
4.31%
On assessed value
Assessed land
$151,300
Assessed improvement
$350,960
Land market value
$756,500
Improvement market value
$1,754,800
Total market value
$2,511,300
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
16,120 SF
Lot
2.76 ac (120,095 SF)
Zoning code
QC4
APN
11-00-18-3-000-019.002
UPID
US03-0708980
Jurisdiction
JEFFERSON
Zoning & alternative use
QC4 · Trussville, AL
Zoning QC4 · permitted uses
QC4 · Trussville, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trussville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RESTAURANT
Est. value
$1.4M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
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
1981
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.76 ac
Current owner
From public records · entity-resolved
Peak Storage Grp LLC
Entity
Mailing address
5812 CARRINGTON LK PKWY, TRUSSVILLE, AL 35173-2890
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2024
—
Peak Storage Grp LLC
—
Deed
related
$495,000 · Renasant Bank
Oct 5, 2023
—
Peak Storage Group LLC
—
Deed
related
$450,000 · Renasant Bank
Sep 29, 2022
$2,250,000
Peak Storage Grp LLC
Coleman Corner LLC
Warranty Deed
$1,608,640 · Renasant Bank
Nov 15, 2021
$3,680,000
Coleman Corner LLC
Bell 201 LLC
Warranty Deed
$3,000,000 · Progress Bank
Sep 12, 2017
$4,925,000
Bell 201 LLC
Parkway Props INC
Trustees Deed
$1,525,000 · Avadian Cu
—
—
Parkway Props INC
—
Deed Of Trust
related
$1,850,000 · Usameribank
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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