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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
640 Mobb Hl Rd Union Grove, AL 35175-9091
Entity Owned
2-yr Hold
Free & Clear
Property ID
US03-0413221
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2002
Total area
4,278 SF
Lot
2 ac (87,120 SF)
Zoning code
25
APN
11-09-31-0-000-001.016
UPID
US03-0413221
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
-
Family Garden, Inc Garden Center Landscaping
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
Marshall County Homeless Ministries · 2 yrs held
Marshall County Homeless Ministries
since 2024
Last sale
$280,000
4 recorded transactions
Zoning & alternative use
25 · Union Grove, 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 Union Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union Grove 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,100
Tax year 2023
Assessed value
$55,200
Assessed 2023
Previous assessed
$55,200
+0.0% YoY
Effective rate
3.80%
On assessed value
Assessed land
$3,640
Assessed improvement
$51,560
Land market value
$18,200
Improvement market value
$257,800
Total market value
$276,000
Applied tax rate
25.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
4,278 SF
Lot
2 ac (87,120 SF)
Zoning code
25
APN
11-09-31-0-000-001.016
UPID
US03-0413221
Jurisdiction
MARSHALL
Zoning & alternative use
25 · Union Grove, ALZoning 25 · permitted uses
25 · Union Grove, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
2 ac
Current owner
From public records · entity-resolved
Marshall County Homeless Ministries
Entity
Free & Clear · 2 yrs held
Mailing address
640 MOBB HL RD24137E, UNION GROVE, AL 35175-9091
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
Jun 12, 2024
$280,000
Marshall County Homeless Ministries
David Harold Cole
Warranty Deed
—
Jan 11, 2023
—
David Harold Cole
Stacie D Cole
Intrafamily Transfer
related
$50,000 · Redstone FCU
Apr 17, 2012
$63,300
David H Cole
Branch Bkng & Trust Co
Warranty Deed
$57,800 · Fnb Bank Of Scottsboro
Sep 27, 2007
—
Fortress INC
Bearden,marty & Patti
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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