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Financial
Distress signals
Property profile

521 S Main St Arab, AL 35016

FOR SALE
Office buildings
Property ID
US03-0635508
5,095 SF 4.01 ac lot Built 1998
Last sale Jul 2023
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a building with neighborhood business zoning, containing an upper level that is finished and configured into four separate addresses, each with a restroom, kitchen, and rooms with closets. The lower level was previously configured for a pet grooming and boarding use and includes kennel areas, a wash station, and a reception area. Outdoor features include a fenced yard to the north of the building that provides privacy, as well as a fenced area to the east.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$87k
Assessed land$5k
Assessed improvement$82k
Effective rate4.05%

Value estimate

· Oct 2026
$295k
$266k – $325k
Submarket $/SF estimate$437k
NOI build-up
Gross scheduled income$51k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI · 8.66% cap applied$32k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
County average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$45 – $138
Qualifying comparables3

Cap rate analysis

How does the asset earn?
8.66%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
11
JurisdictionMARSHALL

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.0
Tailor Shop8.8
Convenience Store8.5

Location

521 S Main St Arab, AL 35016
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1510 Brindlee Mtn, Arab, AL 35016-5723 $700,000 Jan 2024 8,412 SF
304 2nd NW, Arab, AL 35016-1340 $100,000 Apr 2023 1,240 SF
619 Brindlee Mtn, Arab, AL 35016-1502 $275,000 Dec 2022 11,650 SF
18 Main, Arab, AL 35016-1239 $86,500 Apr 2021 2,250 SF
2202 Brindlee Mtn, Arab, AL 35016-5300 $246,500 Oct 2020 2,868 SF
248 Main, Arab, AL 35016-1233 $290,000 May 2020 1,424 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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