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Property profile & analytics
OFF-MARKET
Estimated value
$2,860,000
Hotels
4985 Academy Ln Bessemer, AL 35022-5472
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-0460440
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Total area
27,993 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C4
APN
37-00-24-4-000-001.008
UPID
US03-0460440
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
$2.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.66M
Blend (final)
Blend
$2.86M
Owner & transaction history
Baron Bessemer LLC · 5 yrs held
Baron Bessemer LLC
since 2020
Last sale
$3.3M
2 recorded transactions
Zoning & alternative use
C4 · Bessemer, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.5M
+12.2%
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 Bessemer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bessemer 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
$2,715,000
ML approach
$2,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,970,000
Current use
MEDICAL BUILDING
$4,455,000
Change: +12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,960,000
Change: 0% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,950,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$2.86M
Range $2.57M – $3.15M · ±10% · vs last sale $3.25M (Oct 6 2020)
Last sale anchor
$3.25M
Oct 6 2020
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
$102 / 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
$45,562
Tax year 2022
Assessed value
$681,740
Assessed 2023
Previous assessed
$663,200
+2.8% YoY
Effective rate
6.68%
On assessed value
Assessed land
$86,420
Assessed improvement
$595,320
Land market value
$432,100
Improvement market value
$2,976,600
Total market value
$3,408,700
Applied tax rate
52.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2006
Heating
HEAT PUMP
Cooling
YES
Stories
3
Rooms
66
Bathrooms
4
Total area
27,993 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C4
APN
37-00-24-4-000-001.008
UPID
US03-0460440
Jurisdiction
JEFFERSON
Zoning & alternative use
C4 · Bessemer, AL
Zoning C4 · permitted uses
C4 · Bessemer, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bessemer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
HOTEL/MOTEL Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Rooms
66
Bathrooms
4
Lot
1.24 ac
Current owner
From public records · entity-resolved
Baron Bessemer LLC
Entity
Mailing address
151 VULCAN RD, BIRMINGHAM, AL 35209-4701
Ownership since
2020
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
Oct 20, 2022
—
Baron Bessemer LLC
—
Deed
related
$3,520,000 · Alabama Credit Union
Oct 6, 2020
$3,251,000
Baron Bessemer LLC
Poonam Properties LLC
Warranty Deed
$3,330,000 · Peoples Bank
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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