Entity Owned Property summary
AI-generated overview
This 10,000 square foot Class C industrial property, located at 4671 Appaloosa Dr, Irondale, Alabama 35210, is offered for sale at $1,100,000 ($110/sq ft). The property is a single-story distribution/warehouse building with a multi-tenant lease in place under a NNN structure. A complete renovation was finished in 2023 by both landlord and tenant. The building enjoys high visibility, situated just off I-20 with daily exposure to over 50,000 vehicles and convenient interstate access. Ample parking and yard space are available. The property's flexible design allows for various uses including retail, showroom, industrial, or office space. Its location offers proximity to Mountain Brook, Irondale, and Trussville. The current lease is below market rate, presenting a future opportunity for rental increases. This is a compelling investment opportunity in a prime location with a recently renovated building and a strong tenant.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1987
Total area
9,600 SF
Lot
4.49 ac (195,584 SF)
Zoning code
C1
APN
24-00-20-2-000-002.000
UPID
US03-0655612
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$685k
Owner & transaction history
since 2025
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
C1 · Irondale, AL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$685k
Value range
$617k – $754k
±10% around blend
Estimated value / SF
$71 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$617k
blend $685k
$754k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,600 SF
Lot area
4.49 ac
Year built
1987
Stories
1
APN
24-00-20-2-000-002.000
Zoning
C1
Assessed value
$102,700
Annual tax
$4,983
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$575k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.7 mi away · 11,343 SF
11.2 mi away · 7,058 SF
13.6 mi away · 10,027 SF
13.9 mi away · 11,165 SF
14.9 mi away · 11,850 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$685k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 42 sales
$163
-56%
County 1088 sales
$116
-39%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $71/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
5.20%
Implied, in-place cap rate for this investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.20%
9.0%
NOI (est.)
$73k *
Last sale · Jan 2025
$1.05M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.41M
Move the market yield to see immediate price impact.
Value / SF
$147
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.70%5.20%5.70%
$66k
$1.41M
$1.27M
$1.16M
$73k
$1.56M
$1.41M
$1.29M
$81k
$1.72M
$1.55M
$1.42M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$755k
4.8 mi · Dec 2025 · $94/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$4,983
Tax year 2022
Assessed value
$102,700
Assessed 2023
Previous assessed
$88,040
+16.7% YoY
Effective rate
4.85%
On assessed value
Assessed land
$49,860
Assessed improvement
$52,840
Land market value
$249,300
Improvement market value
$264,200
Total market value
$513,500
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
9,600 SF
Lot
4.49 ac (195,584 SF)
Zoning code
C1
APN
24-00-20-2-000-002.000
UPID
US03-0655612
Jurisdiction
JEFFERSON
Zoning & alternative use
C1 · Irondale, ALZoning C1 · permitted uses
C1 · Irondale, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4.49 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C1
Jurisdiction
Irondale, AL
Recorded code
C1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1 in Irondale, AL.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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