Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,585,000
Investment properties
495 Southland Dr Vestavia, AL 35226-3733
Entity Owned
4-yr Hold
Free & Clear
Property ID
US03-2336583
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2014
Total area
18,644 SF
Lot
1.83 ac (79,802 SF)
Zoning code
C2
APN
39-00-01-3-002-035.000
UPID
US03-2336583
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
-
Northern Tool + Equipment (Bike/Boat/Book/etc) Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.17M
CAP Approach
CAP
$3.33M
Comparable Approach
Comparable
$4.73M
Blend (final)
Blend
$3.59M
Owner & transaction history
Fslro 495 Southland Hoover LLC · 4 yrs held
Fslro 495 Southland Hoover LLC
since 2022
Last sale
$4.1M
2 recorded transactions
Zoning & alternative use
C2 · Vestavia, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.1M
+103.4%
Neighborhood: shopping center
$5.0M
+101.1%
Apartment house (5+ units)
$3.8M
+50.0%
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
$3,155,000
ML approach
$3,170,000
CAP Approach
CAP Return
Estimation
6%
$3,610,000
6.5%
$3,330,000
7%
$3,090,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,505,000
Current use
RESTAURANT
$5,100,000
Change: +103% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,040,000
Change: +101% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,760,000
Change: +50% · Conversion: Moderate
MEDICAL BUILDING
$3,320,000
Change: +32% · Conversion: Easy
OFFICE BUILDING
$3,115,000
Change: +24% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,000,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$2,280,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$3.59M
Range $3.23M – $3.94M · ±10% · vs last sale $4.08M (May 11 2022)
Last sale anchor
$4.08M
May 11 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
$192 / 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
$45,660
Tax year 2022
Assessed value
$744,040
Assessed 2023
Previous assessed
$628,920
+18.3% YoY
Effective rate
6.14%
On assessed value
Assessed land
$319,240
Assessed improvement
$424,800
Land market value
$1,596,200
Improvement market value
$2,124,000
Total market value
$3,720,200
Applied tax rate
23.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
18,644 SF
Lot
1.83 ac (79,802 SF)
Zoning code
C2
APN
39-00-01-3-002-035.000
UPID
US03-2336583
Jurisdiction
JEFFERSON
Zoning & alternative use
C2 · Vestavia, AL
Zoning C2 · permitted uses
C2 · Vestavia, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vestavia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
RESTAURANT
Est. value
$5.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$3.0M
RETAIL STORES
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2014
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Fslro 495 Southland Hoover LLC
Entity
Free & Clear · 4 yrs held
Mailing address
BURNSVILLE, MN 55306
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2023
—
Fslro 495 Southland Hoover LLC
—
Deed
related
$133,200,000 · Voya Investment Management
May 11, 2022
$4,081,175
Fslro 495 Southland Hoover LLC
Arcp Nt Hoover Al LLC
Warranty Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 495 Southland Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
