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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Assisted living facilities
507 Whitmore Ct Birmingham, AL 35221-3063
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US03-0572164
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1969
Construction
CONCRETE
Total area
21,210 SF
Lot
2.59 ac (112,820 SF)
Zoning code
R3
APN
29-00-30-3-005-004.000
UPID
US03-0572164
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
-
507 Whitmore Court Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$716k
Blend (final)
Blend
$535k
Owner & transaction history
Shepherds Fold INC · 9 yrs held
Shepherds Fold INC
since 2016
6 recorded transactions
Zoning & alternative use
R3 · Birmingham, 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 Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$690,000
Current use
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
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
$25 / 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
Assessed value
$484,380
Assessed 2023
Previous assessed
$351,380
+37.9% YoY
Assessed land
$6,220
Assessed improvement
$478,160
Land market value
$31,100
Improvement market value
$2,390,800
Total market value
$2,421,900
Applied tax rate
54.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
33
Bathrooms
20
Total area
21,210 SF
Lot
2.59 ac (112,820 SF)
Zoning code
R3
APN
29-00-30-3-005-004.000
UPID
US03-0572164
Jurisdiction
JEFFERSON
Zoning & alternative use
R3 · Birmingham, AL
Zoning R3 · permitted uses
R3 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$690,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
1969
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
33
Bathrooms
20
Lot
2.59 ac
Current owner
From public records · entity-resolved
Shepherds Fold INC
Entity
Mailing address
PO BOX 2084, BIRMINGHAM, AL 35201-2084
Ownership since
2016
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
Oct 4, 2016
$214,999
Shepherds Fold INC
Cadence Bank NA
Warranty Deed
$172,000 · Central State Bank
Jun 22, 2016
$349,200
Cadence Bk
Auctioneer Of Jefferson County|village
Trustees Deed
related
—
Jun 1, 1988
$835,000
Ball Health Care North INC
—
Deed Of Trust
related
—
—
—
Village
—
Deed Of Trust
related
$850,000 · Cadence Bk
—
—
Village
—
Deed Of Trust
related
$37,088 · Noble Bk&tr
—
—
Village
—
Deed Of Trust
related
$748,000 · Ministry Ptrs Inv Corp
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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