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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
5508 Eastcliff Industrial Blvd Birmingham, AL 35210-5440
Entity Owned
~
Est. High Equity
Property ID
US03-0164534
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Total area
6,496 SF
Lot
0.95 ac (41,550 SF)
Zoning code
QM1
APN
24-00-03-3-001-001.035
UPID
US03-0164534
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
-
Diamond Fortress Technologies (Bike/Boat/Book/etc) Store Corporate Office
-
Alabama Roofing Professionals Roofing Company General Contractor
-
OmniProof Concrete Shelters Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$541k
Blend (final)
Blend
$555k
Owner & transaction history
Sanburn Holdings LLC
Sanburn Holdings LLC
since 2025
Last sale
$15,000
5 recorded transactions
Zoning & alternative use
QM1 · 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
$560,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$470,000
Current use
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $15k (Jun 19 2025)
Last sale anchor
$15k
Jun 19 2025
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
$85 / 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
$7,089
Tax year 2022
Assessed value
$117,240
Assessed 2023
Previous assessed
$97,780
+19.9% YoY
Effective rate
6.05%
On assessed value
Assessed land
$33,240
Assessed improvement
$84,000
Land market value
$166,200
Improvement market value
$420,000
Total market value
$586,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Heating
SPACE
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
6,496 SF
Lot
0.95 ac (41,550 SF)
Zoning code
QM1
APN
24-00-03-3-001-001.035
UPID
US03-0164534
Jurisdiction
JEFFERSON
Zoning & alternative use
QM1 · Birmingham, AL
Zoning QM1 · permitted uses
QM1 · 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
WAREHOUSE, STORAGE Current
Est. value
$470,000
WAREHOUSE, STORAGE 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
2007
Heating
SPACE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Sanburn Holdings LLC
Entity
Mailing address
2718 20TH ST S, HOMEWOOD, AL 35209-1988
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2025
$15,000
Sanburn Holdings LLC
5508 Eastcliff I Lllp
Warranty Deed
$208,829 · Millennial Bank
Oct 20, 2022
$710,000
5508 Eastcliff 1 Lllp
Sanburn Holdings LLC
Quit Claim Deed
related
—
Oct 4, 2022
$710,000
Sanburn Holdings LLC
Tcg 5508 Eastcliff LLC
Warranty Deed
$557,000 · Millennial Bank
Nov 1, 2019
$300,000
Tcg 5508 Eastcliff LLC
Chuck Gillespie
Warranty Deed
—
Jun 27, 2007
$108,000
Gillespie,chuck
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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