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Property profile & analytics
OFF-MARKET
Estimated value
$3,615,000
Retail properties & Spaces
7199 Aaron Aronov Dr Fairfield, AL 35064
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-1561784
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2006
Total area
222,949 SF
Lot
15.68 ac (682,890 SF)
Zoning code
B2
APN
30-00-13-3-003-017.001
UPID
US03-1561784
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.69M
Blend (final)
Blend
$3.62M
Owner & transaction history
Hammic Fairfield Ltd · 7 yrs held
Hammic Fairfield Ltd
since 2019
4 recorded transactions
Zoning & alternative use
B2 · Fairfield, 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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
Blend value · Realmo final
$3.62M
Range $3.25M – $3.98M · ±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
$16 / 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
$35,821
Tax year 2022
Assessed value
$392,680
Assessed 2023
Previous assessed
$480,820
-18.3% YoY
Effective rate
9.12%
On assessed value
Assessed land
$174,820
Assessed improvement
$217,860
Land market value
$874,100
Improvement market value
$1,089,300
Total market value
$1,963,400
Applied tax rate
55.0000
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
DEPARTMENT STORE
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
222,949 SF
Lot
15.68 ac (682,890 SF)
Zoning code
B2
APN
30-00-13-3-003-017.001
UPID
US03-1561784
Jurisdiction
JEFFERSON
Zoning & alternative use
B2 · Fairfield, AL
Zoning B2 · permitted uses
B2 · Fairfield, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
15.68 ac
Current owner
From public records · entity-resolved
Hammic Fairfield Ltd
Individual
Free & Clear · 7 yrs held
Mailing address
1203 CTR ST, NEW IBERIA, LA 70560-6138
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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 28, 2019
$1,234,500
Hammic Fairfield Ltd
Susbar INC
Warranty Deed
—
Mar 22, 2019
$2,867,590
Susbar INC Tr
Susbar INC|best Center Fairfield LLC
Trustees Deed
related
—
Jan 3, 2018
—
Best Center Fairfield LLC
—
Trustees Deed
related
$800,000 · Solstice Cap
Nov 10, 2016
$1,500,000
Best Center Fairfield LLC
Wal-mart R/e Busn Trust
Grant Deed
$1,000,000 · Susbar INC (ce)
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
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