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Property profile & analytics
OFF-MARKET
Estimated value
$6,200,000
Motels
513 Cahaba Park Cir Birmingham, AL 35242-5011
Entity Owned
2-yr Hold
Free & Clear
Property ID
US03-0374262
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1987
Total area
33,381 SF
Lot
1.61 ac (69,957 SF)
Zoning code
C
APN
28-00-25-3-000-002.003
UPID
US03-0374262
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
-
La Quinta Inn by Wyndham Birmingham - Inverness Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.20M
Owner & transaction history
Jk Cahaba LLC · 2 yrs held
Jk Cahaba LLC
since 2024
Last sale
$6.2M
6 recorded transactions
Zoning & alternative use
C · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.1M
+90.5%
Neighborhood: shopping center
$9.0M
+88.3%
Apartment house (5+ units)
$6.7M
+40.4%
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
$6,200,000
ML approach
$6,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,790,000
Current use
RESTAURANT
$9,125,000
Change: +90% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,025,000
Change: +88% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,730,000
Change: +40% · Conversion: Difficult
MEDICAL BUILDING
$5,940,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$5,415,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,375,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,485,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$6.20M
Range $5.58M – $6.82M · ±10% · vs last sale $6.20M (Mar 4 2024)
Last sale anchor
$6.20M
Mar 4 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
$186 / 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
$55,275
Tax year 2022
Assessed value
$1,002,260
Assessed 2023
Previous assessed
$1,002,260
+0.0% YoY
Effective rate
5.52%
On assessed value
Assessed land
$139,920
Assessed improvement
$862,340
Land market value
$699,600
Improvement market value
$4,311,700
Total market value
$5,011,300
Applied tax rate
30.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
YES
Stories
3
Units
95
Rooms
10
Bathrooms
1
Total area
33,381 SF
Lot
1.61 ac (69,957 SF)
Zoning code
C
APN
28-00-25-3-000-002.003
UPID
US03-0374262
Jurisdiction
JEFFERSON
Zoning & alternative use
C · Birmingham, AL
Zoning C · permitted uses
C · 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
HOTEL/MOTEL Current
Est. value
$4.8M
RESTAURANT
Est. value
$9.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.7M
MEDICAL BUILDING
Est. value
$5.9M
OFFICE BUILDING
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$4.5M
HOTEL/MOTEL Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1987
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
95
Rooms
10
Bathrooms
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Jk Cahaba LLC
Entity
Free & Clear · 2 yrs held
Mailing address
513 CAHABA PARK CIR, BIRMINGHAM, AL 35242-5011
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2025
—
Jk Cahaba LLC
—
Deed
related
$3,100,000 · First Financial
Mar 4, 2024
$6,200,000
Jk Cahaba LLC
Cahaba Hospitality LLC
Warranty Deed
—
Aug 19, 2022
—
Cahaba Hospitality LLC
—
Deed
related
$4,235,000 · Metrobank
Oct 4, 2019
$4,000,000
Cahaba Hospitality LLC
Cplg Properties LLC
Correction Deed
—
Oct 4, 2019
—
Cahaba Hospitality LLC
—
Deed
related
$3,680,000 · Metrobank
Jun 28, 2018
—
Cplg Properties LLC
—
Trustees Deed
related
$1,035,000,000 · Jp Morgan Chase Bk
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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