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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Office buildings
7278 Hwy 72nd W Madison, AL 35758-9551
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US03-0166594
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2016
Construction
WOOD
Total area
8,099 SF
Lot
0.88 ac (38,475 SF)
APN
15-08-27-0-001-014.000
UPID
US03-0166594
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
-
Divine Expressions Family Dentistry Dental Office
-
Edward Jones - Financial Advisor: Justin Wright Financial Advisor
-
Dr. Robert Embry Dental Office
-
Dr. Linda Crawford Dental Office
-
Laurentis Lecoy Barnett Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.70M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.48M
Owner & transaction history
Docs Divine Properties LLC · 10 yrs held
Docs Divine Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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%
$1,840,000
6.5%
$1,700,000
7%
$1,575,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,810,000
Current use
COMMERCIAL (GENERAL)
$1,740,000
Change: -4% · Conversion: Easy
MEDICAL BUILDING
$1,685,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±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
$182 / 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
$17,060
Tax year 2023
Assessed value
$294,140
Assessed 2023
Previous assessed
$263,540
+11.6% YoY
Effective rate
5.80%
On assessed value
Assessed land
$87,180
Assessed improvement
$206,960
Land market value
$435,900
Improvement market value
$1,034,800
Total market value
$1,470,700
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
8,099 SF
Lot
0.88 ac (38,475 SF)
APN
15-08-27-0-001-014.000
UPID
US03-0166594
Jurisdiction
MADISON
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
OFFICE BUILDING Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL 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
2016
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
Docs Divine Properties LLC
Entity
Mailing address
2189 DUG HL RD, BROWNSBORO, AL 35741-9249
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2024
—
Docs Divine Properties LLC
—
Deed
related
$2,000,000 · Enterprise Bank & Trust
Mar 18, 2020
—
Docs Divine Properties LLC
—
Deed
related
$1,466,250 · Servisfirst Bk
Oct 14, 2015
—
Docs Divine Properties LLC
Barnett,laurentis L
Warranty Deed
$2,515,000 · Live Oak Bkg
Dec 30, 2014
$255,000
Laurentis L Barnett
Bancorpsouth Bk
Grant Deed
$191,250 · Servisfirst Bk
May 6, 2011
—
Bancorpsouth Bk
Bancorpsouth Bk
Quit Claim Deed
related
—
Sep 4, 2009
$819,400
Bancorpsouth Bank
Auctioneer Of Madison County
Trustees Deed
related
—
—
—
Docs Divine Properties LLC
—
Deed Of Trust
related
$1,466,250 · 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.
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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