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Property profile & analytics
OFF-MARKET
Office Spaces
518 18th N St Bessemer, AL 35020-4800
Individually Owned
1-yr Hold
Free & Clear
Property ID
US03-0435595
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1920
Total area
2,550 SF
Lot
0.22 ac (9,700 SF)
Zoning code
O1
APN
38-00-09-1-021-002.000
UPID
US03-0435595
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
-
Roy Dancybey Law Firm Law Firm
-
Kynard Horace Law Firm
-
Tunstall Minnie Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Minnie L Tunstall · 1 yrs held
Minnie L Tunstall
since 2024
3 recorded transactions
Zoning & alternative use
O1 · Bessemer, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,439
Tax year 2022
Assessed value
$27,340
Assessed 2023
Previous assessed
$27,340
+0.0% YoY
Effective rate
5.26%
On assessed value
Assessed land
$4,360
Assessed improvement
$22,980
Land market value
$21,800
Improvement market value
$114,900
Total market value
$136,700
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1920
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
3
Total area
2,550 SF
Lot
0.22 ac (9,700 SF)
Zoning code
O1
APN
38-00-09-1-021-002.000
UPID
US03-0435595
Jurisdiction
JEFFERSON
Zoning & alternative use
O1 · Bessemer, AL
Zoning O1 · permitted uses
O1 · 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.
Building & site characteristics
From public records
Year built
1920
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
Minnie L Tunstall
Individual
Free & Clear · 1 yrs held
Mailing address
518 18TH ST N, BESSEMER, AL 35020-4800
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2024
$500
Minnie L Tunstall
J Corbin Tunstall
Warranty Deed
related
—
Jul 12, 2019
$500
J Corbin D
Tunstall,minnie L
Quit Claim Deed
related
—
—
—
Tunstall,minnie L & John
—
Deed Of Trust
related
$27,642 · Jefferson R/e
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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