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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Investment properties
6890 Carol Plantation Rd Theodore, AL 36582-1908
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0565651
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2020
Total area
9,520 SF
Lot
0.86 ac (37,462 SF)
APN
38 02 04 4 000 087.XXX
UPID
US03-0565651
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
$1.95M
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.53M
Owner & transaction history
Investments Realty LLC · 5 yrs held
Investments Realty LLC
since 2020
Last sale
$1.4M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.9M
+129.3%
Restaurant
$1.8M
+116.6%
Retail stores
$1.6M
+94.9%
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 Theodore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Theodore 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
$1,595,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
$2,110,000
6.5%
$1,950,000
7%
$1,810,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,930,000
Change: +129% · Conversion: Easy
RESTAURANT
$1,825,000
Change: +117% · Conversion: Difficult
RETAIL STORES
$1,640,000
Change: +95% · Conversion: Easy
OFFICE BUILDING
$1,020,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10% · vs last sale $1.42M (Aug 14 2020)
Last sale anchor
$1.42M
Aug 14 2020
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
$160 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$12,537
Tax year 2023
Assessed value
$194,860
Assessed 2023
Previous assessed
$194,860
+0.0% YoY
Effective rate
6.43%
On assessed value
Assessed land
$26,220
Assessed improvement
$168,640
Land market value
$131,100
Improvement market value
$843,200
Total market value
$974,300
Applied tax rate
10.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
9,520 SF
Lot
0.86 ac (37,462 SF)
APN
38 02 04 4 000 087.XXX
UPID
US03-0565651
Jurisdiction
MOBILE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.9M
RESTAURANT
Est. value
$1.8M
RETAIL STORES
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.0M
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
OFFICE BUILDING
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
2020
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Investments Realty LLC
Entity
Mailing address
1708 N DOUGLASS ST, MALDEN, MO 63863-1255
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2020
$1,422,253
Investments Realty LLC
Dpg Single Tenant LLC
Warranty Deed
$1,157,339 · Sterling Bank
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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