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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Sports & entertainment properties
7584 Madison Pike Madison, AL 35758-1547
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US03-0938882
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2002
Total area
3,589 SF
Lot
13.6 ac (592,416 SF)
APN
16-01-11-0-001-080.000
UPID
US03-0938882
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
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.07M
Owner & transaction history
Ts Vintage LLC · 13 yrs held
Ts Vintage LLC
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$800,000
+43.1%
Commercial (general)
$770,000
+37.7%
Medical building
$745,000
+33.2%
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
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$800,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$770,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$745,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±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
$297 / 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
$270,599
Tax year 2023
Assessed value
$4,665,500
Assessed 2023
Previous assessed
$3,848,980
+21.2% YoY
Effective rate
5.80%
On assessed value
Assessed land
$353,600
Assessed improvement
$4,311,900
Land market value
$1,768,000
Improvement market value
$21,559,500
Total market value
$23,327,500
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
YES
Buildings
10
Stories
1
Units
1
Bathrooms
139
Total area
3,589 SF
Lot
13.6 ac (592,416 SF)
APN
16-01-11-0-001-080.000
UPID
US03-0938882
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
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$770,000
MEDICAL BUILDING
Est. value
$745,000
OFFICE BUILDING
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
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
10
Units
1
Bathrooms
139
Lot
13.6 ac
Current owner
From public records · entity-resolved
Ts Vintage LLC
Entity
Mailing address
PO BOX 530292, BIRMINGHAM, AL 35253-0292
Ownership since
2013
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
Mar 6, 2013
$16,250
Ts Vintage LLC
Tarragon Huntsville Apartments LLC
Special Warranty Deed
$11,437,000 · Cbre Multifamily Capital INC
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Tarragon Huntsville Apartments
—
Deed Of Trust
related
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Tarragon Huntsville Apartments
—
Deed Of Trust
related
$12,252,568 · General Electric Capital Corp
—
—
Ts Vintage LLC
—
Deed Of Trust
related
$325,000,000 · Keybank USA
—
—
Tarragon Huntsville Apartments
—
Deed Of Trust
related
—
—
—
Tarragon Huntsville Apartments
—
Deed Of Trust
related
—
—
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Tarragon Huntsville Apartments
—
Deed Of Trust
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.
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