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Property profile & analytics
OFF-MARKET
Turn key restaurants
801 Franklin SE St Huntsville, AL 35801-4311
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US03-0441661
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1941
Construction
WOOD
Total area
5,798 SF
Lot
0.31 ac (13,657 SF)
APN
17-01-01-1-005-044.000
UPID
US03-0441661
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
-
Tumminello Properties and Auction Real Estate Auctioneer
-
Sharp Companies Property Management Company Real Estate Developer
-
Bevinco of Northern Alabama Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Heriatge Ventures INC · 10 yrs held
Heriatge Ventures INC
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 Huntsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntsville 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
—
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
$6,335
Tax year 2023
Assessed value
$109,220
Assessed 2023
Previous assessed
$104,180
+4.8% YoY
Effective rate
5.80%
On assessed value
Assessed land
$51,240
Assessed improvement
$57,980
Land market value
$256,200
Improvement market value
$289,900
Total market value
$546,100
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1941
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
5,798 SF
Lot
0.31 ac (13,657 SF)
APN
17-01-01-1-005-044.000
UPID
US03-0441661
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
Building & site characteristics
From public records
Year built
1941
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Heriatge Ventures INC
Entity
Mailing address
801 FRANKLIN ST SE, HUNTSVILLE, AL 35801-4311
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2021
—
Heritage Ventures INC
—
Deed
related
$800,000 · Peoples Bank Of Alabama
Jul 15, 2020
—
Leatherback Properies INC
—
Deed
related
$111,000 · Bancorpsouth
Jan 17, 2019
—
Vindicator LLC
—
Grant Deed
related
$3,000,000 · Cb&s Bk
Oct 2, 2015
$565,000
Heriatge Ventures INC
Mary Key Gray
Warranty Deed
$508,500 · Cb&s Bank
May 9, 2013
$792,000
801 Franklin Holdings LLC
Gray,gregory D
Grant Deed
$270,000 · Bryant Bank
May 9, 2013
$251,000
Wesley G Hardin
Gray,gregory D
Grant Deed
—
May 9, 2013
—
Gregory D Gray
Gray,jean H
Quit Claim Deed
related
—
—
—
Leatherback Properies INC
—
Deed Of Trust
related
$111,000 · Bancorpsouth
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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