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Property profile & analytics
FOR SALE
Strip malls
7201 Aaron Aronov Dr Fairfield, AL 35228
Entity Owned
2-yr Hold
Free & Clear
Property ID
US03-1053263
For Sale
1 / 2
$2,395,000
7201 Aaron Aronov Dr, Fairfield, AL 35228
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Total area
346,909 SF
Lot
17 ac (740,520 SF)
Zoning code
B2
APN
30-00-13-3-003-017.000
UPID
US03-1053263
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
-
Chongwah Express Restaurant
-
Infinity Clippers Barber Shop
-
Nail Palace Nail Salon
-
Yasmin Threading 10 Under Hair Salon Nail Salon
-
Western Hills Mall Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
Said Saremi Properties LLC · 2 yrs held
Said Saremi Properties LLC
since 2024
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$7 / 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
$60,910
Tax year 2022
Assessed value
$595,000
Assessed 2023
Previous assessed
$595,000
+0.0% YoY
Effective rate
10.24%
On assessed value
Assessed land
$284,020
Assessed improvement
$310,980
Land market value
$1,420,100
Improvement market value
$1,554,900
Total market value
$2,975,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1970
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
1
Total area
346,909 SF
Lot
17 ac (740,520 SF)
Zoning code
B2
APN
30-00-13-3-003-017.000
UPID
US03-1053263
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
1970
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
1
Lot
17 ac
Current owner
From public records · entity-resolved
Said Saremi Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1301 9TH AVE N, BESSEMER, AL 35020-5466
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
Apr 22, 2024
—
Said Saremi Properties LLC
Ab Fairfield LLC
Warranty Deed
—
Jan 24, 2022
$2,935,500
Western Hills Mall LP
Western Hills LLC
Warranty Deed
—
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
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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