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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Warehouses
5600 Shirley Park Dr Bessemer, AL 35022-3402
Individually Owned
2-yr Hold
Free & Clear
Property ID
US03-0642271
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
10,590 SF
Lot
1.07 ac (46,609 SF)
Zoning code
I3
APN
37-00-24-1-000-002.014
UPID
US03-0642271
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
-
Medical Transport of Alabama Freight Service Logistics Company
-
Warrior River Fire & Rescue Fire Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$650k
Blend (final)
Blend
$950k
Owner & transaction history
Edwin B Lumpkin · 2 yrs held
Edwin B Lumpkin
since 2024
Last sale
$950,000
4 recorded transactions
Zoning & alternative use
I3 · Bessemer, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+223.5%
Neighborhood: shopping center
$1.5M
+222.6%
Commercial (general)
$1.2M
+150.5%
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
Method
Estimation
Statistic approach
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,500,000
Change: +224% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,495,000
Change: +223% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,160,000
Change: +150% · Conversion: Difficult
RETAIL STORES
$1,015,000
Change: +120% · Conversion: Moderate
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Mar 21 2024)
Last sale anchor
$950k
Mar 21 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
$90 / 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
$11,312
Tax year 2022
Assessed value
$192,720
Assessed 2023
Previous assessed
$192,720
+0.0% YoY
Effective rate
5.87%
On assessed value
Assessed land
$13,980
Assessed improvement
$178,740
Land market value
$69,900
Improvement market value
$893,700
Total market value
$963,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
1
Bathrooms
6
Total area
10,590 SF
Lot
1.07 ac (46,609 SF)
Zoning code
I3
APN
37-00-24-1-000-002.014
UPID
US03-0642271
Jurisdiction
JEFFERSON
Zoning & alternative use
I3 · Bessemer, AL
Zoning I3 · permitted uses
I3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
6
Lot
1.07 ac
Current owner
From public records · entity-resolved
Edwin B Lumpkin
Individual
Free & Clear · 2 yrs held
Mailing address
5600 SHIRLEY PARK DR, BESSEMER, AL 35022-3402
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2024
$950,000
Edwin B Lumpkin
Medical Transport Of Alabama LLC
Warranty Deed
—
Jun 21, 2017
$487,500
Medical Transport Of Alabama LLC
Gcp-spartan LLC
Warranty Deed
$425,000 · Branch Bk&tr
Jan 30, 2017
—
Gcp-spartan LLC
—
Loan Modification
related
$200,000,000 · Wells Fargo Bk
Dec 27, 2010
—
2226 Academy LLC
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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