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Property profile & analytics
FOR LEASE
Office Spaces
5690 Pine Lane Cir Bessemer, AL 35022
Entity Owned
~
Est. High Equity
Property ID
US03-0544800
For Lease
1 / 3
$9.50 SF/Yr
5690 Pine Lane Cir, Bessemer, AL 35022
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Total area
6,324 SF
Lot
0.86 ac (37,644 SF)
Zoning code
I2
APN
38-00-36-1-001-010.000
UPID
US03-0544800
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
-
Trademark Equipment Co Inc Corporate Office
-
Commercial Construction & Maintenance, Inc. General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$795k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.19M
Owner & transaction history
Kltc Properties LLC
Kltc Properties LLC
since 2025
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
I2 · Bessemer, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+133.1%
Apartment house (5+ units)
$1.3M
+81.5%
Medical building
$1.0M
+45.3%
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
$935,000
ML approach
$795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,615,000
Change: +133% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,255,000
Change: +82% · Conversion: Moderate
MEDICAL BUILDING
$1,005,000
Change: +45% · Conversion: Easy
AUTO REPAIR, GARAGE
$895,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$890,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $1.20M (Dec 8 2025)
Last sale anchor
$1.20M
Dec 8 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
$188 / 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
$8,217
Tax year 2022
Assessed value
$133,260
Assessed 2023
Previous assessed
$119,600
+11.4% YoY
Effective rate
6.17%
On assessed value
Assessed land
$15,060
Assessed improvement
$118,200
Land market value
$75,300
Improvement market value
$591,000
Total market value
$666,300
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
For Lease
Year built
2006
Heating
SPACE
Cooling
YES
Stories
2
Total area
6,324 SF
Lot
0.86 ac (37,644 SF)
Zoning code
I2
APN
38-00-36-1-001-010.000
UPID
US03-0544800
Jurisdiction
JEFFERSON
Zoning & alternative use
I2 · Bessemer, AL
Zoning I2 · permitted uses
I2 · 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
RESTAURANT
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$895,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$890,000
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
SPACE
Cooling
Yes
Stories
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Kltc Properties LLC
Entity
Mailing address
5690 PNE LN CIR, BESSEMER, AL 35022-5669
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
$1,200,000
Kltc Properties LLC
5690 Pine Lane Cir
Warranty Deed
$960,000 · Pinnacle Bank
May 29, 2025
$857,906
5690 Pine Lane Cir LLC
Pkl Holdings LLC
Warranty Deed
$788,000 · Bryant Bank
Sep 28, 2023
$850,000
Pkl Holdings LLC
Ccm Enterprises LLP
Warranty Deed
$850,000 · Hancock Whitney Bank
Dec 30, 2020
$485,000
Ccm Enterprises LLP
Trademark Equipment Co INC
Warranty Deed
$520,000 · Servisfirst Bank
Jul 5, 2006
$95,000
Daniel,david A & Sharon M
Act Supply INC
Warranty Deed
$268,000 · Regions Bk/norcross Ga
—
—
Act Supply INC
—
Deed Of Trust
related
$400,000 · Anthony J Scalisi
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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