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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Office Spaces
500 Southland Dr Vestavia, AL 35226-3710
Individually Owned
1-yr Hold
Free & Clear
Property ID
US03-1015036
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1972
Construction
STEEL FRAME
Total area
26,419 SF
Lot
1.35 ac (58,719 SF)
Zoning code
CP
APN
39-00-01-3-002-030.000
UPID
US03-1015036
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
-
MainStreet Business Advisors, LLC Accounting Firm Tax Preparation
-
Adams Brandy N DDS Dental Office
-
Groves Michelle D DDS Dental Office
-
Magic City Counseling, LLC Crisis Center Medical Clinic
-
Lotus Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.24M
Owner & transaction history
Uriel Bolanos · 1 yrs held
Uriel Bolanos
since 2024
Last sale
$35,000
4 recorded transactions
Zoning & alternative use
CP · Vestavia, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $35k (Apr 23 2024)
Last sale anchor
$35k
Apr 23 2024
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
$47 / 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
$16,688
Tax year 2022
Assessed value
$286,720
Assessed 2023
Previous assessed
$229,860
+24.7% YoY
Effective rate
5.82%
On assessed value
Assessed land
$82,220
Assessed improvement
$204,500
Land market value
$411,100
Improvement market value
$1,022,500
Total market value
$1,433,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
1
Total area
26,419 SF
Lot
1.35 ac (58,719 SF)
Zoning code
CP
APN
39-00-01-3-002-030.000
UPID
US03-1015036
Jurisdiction
JEFFERSON
Zoning & alternative use
CP · Vestavia, AL
Zoning CP · permitted uses
CP · 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.
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
1
Lot
1.35 ac
Current owner
From public records · entity-resolved
Uriel Bolanos
Individual
Free & Clear · 1 yrs held
Mailing address
500 SOUTHLAND DR STE #212, VESTAVIA, AL 35226-3712
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
$35,000
Uriel Bolanos
Aalliance Wealth Builders INC
Warranty Deed
—
Jul 2, 2024
$195,900
Oasis Development Al LLC
Yip Ringo
Warranty Deed
—
Jul 2, 2024
$195,000
Yip Ringo
Alliance Wealth Builders INC
Warranty Deed
—
Jul 26, 2010
—
Nn LLC
Owner Name Unavailable
Grant 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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