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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Retail properties & Spaces
692 Convict Cp Rd Guntersville, AL 35976-9002
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0761067
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1980
Total area
9,120 SF
Lot
79 ac (3,441,240 SF)
Zoning code
25
APN
09-03-07-0-000-004.000
UPID
US03-0761067
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
-
Whitaker Contracting General Contractor Construction Company
-
Madison Materials Production Facility Building Supply
-
D work Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$820k
Owner & transaction history
Drjr Holdings LLC · 1 yrs held
Drjr Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
25 · Guntersville, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$855,000
+39.1%
Apartment house (5+ units)
$825,000
+33.7%
Office building
$740,000
+20.1%
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 Guntersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Guntersville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$615,000
Current use
RETAIL STORES
$855,000
Change: +39% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$825,000
Change: +34% · Conversion: Difficult
OFFICE BUILDING
$740,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$820k
Range $738k – $902k · ±10%
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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,186
Tax year 2023
Assessed value
$155,120
Assessed 2023
Previous assessed
$155,120
+0.0% YoY
Effective rate
3.99%
On assessed value
Land market value
$356,600
Improvement market value
$480,800
Total market value
$837,400
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
1980
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
9,120 SF
Lot
79 ac (3,441,240 SF)
Zoning code
25
APN
09-03-07-0-000-004.000
UPID
US03-0761067
Jurisdiction
MARSHALL
Zoning & alternative use
25 · Guntersville, AL
Zoning 25 · permitted uses
25 · Guntersville, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Guntersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$615,000
RETAIL STORES
Est. value
$855,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$825,000
OFFICE BUILDING
Est. value
$740,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
79 ac
Current owner
From public records · entity-resolved
Drjr Holdings LLC
Entity
Mailing address
892 CONVICT CP RD, GUNTERSVILLE, AL 35976
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
—
Drjr Holdings LLC
Vulcan Lands INC
Warranty Deed
—
Nov 29, 2023
—
Drjr Holdings LLC
Whitaker Contracting Corp INC
Warranty Deed
—
Jun 22, 2020
—
Whitaker Contracting Corp
—
Deed
related
$5,000,000 · Miscellaneous Ins Co
Dec 1, 2017
—
Jamey R W Reed
—
Deed
related
$2,350,000 · Servisfirst Bk
Oct 10, 2017
$4,500
Marshall Cnty Emergency Teleph
Reed,frank D
Warranty Deed
—
May 10, 2007
—
Jamey R Whitaker-reed
State Of Alabama
Grant Deed
related
—
—
—
Whitaker Contracting Corp
—
Deed Of Trust
related
$5,000,000 · Miscellaneous Ins Co
—
—
Jamey R W Reed
—
Deed Of Trust
related
$2,350,000 · Servisfirst Bk
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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