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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Office buildings
8095 Padgett Switch Rd Irvington, AL 36544-3656
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US03-0044698
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
5,600 SF
Lot
4.96 ac (216,058 SF)
APN
38 04 17 0 000 010.02X
UPID
US03-0044698
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
-
American WeatherStar Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$955k
Blend (final)
Blend
$1.01M
Owner & transaction history
Lees Lane Properties LLC · 7 yrs held
Lees Lane Properties LLC
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+89.0%
Restaurant
$1.1M
+78.6%
Retail stores
$965,000
+60.7%
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 Irvington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irvington 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%
$1,290,000
6.5%
$1,190,000
7%
$1,105,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,135,000
Change: +89% · Conversion: Easy
RESTAURANT
$1,075,000
Change: +79% · Conversion: Moderate
RETAIL STORES
$965,000
Change: +61% · Conversion: Moderate
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±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
$179 / 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
$7,430
Tax year 2023
Assessed value
$151,760
Assessed 2023
Previous assessed
$151,760
+0.0% YoY
Effective rate
4.90%
On assessed value
Assessed land
$38,400
Assessed improvement
$113,360
Land market value
$192,000
Improvement market value
$566,800
Total market value
$758,800
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Bathrooms
2
Total area
5,600 SF
Lot
4.96 ac (216,058 SF)
APN
38 04 17 0 000 010.02X
UPID
US03-0044698
Jurisdiction
MOBILE
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
MEDICAL BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$965,000
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
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
1989
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
4.96 ac
Current owner
From public records · entity-resolved
Lees Lane Properties LLC
Entity
Mailing address
PO BOX 398, IRVINGTON, AL 36544-0398
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
—
Lees Lane Properties LLC
—
Deed
related
$872,064 · Hancock Whitney Bank
Nov 16, 2020
—
Lees Lane Properties LLC
—
Deed
related
$799,295 · Whitney Bank
Apr 26, 2019
$560,000
Lees Lane Properties LLC
Jomac Properties LLC
Warranty Deed
$476,000 · Whitney Bank
Sep 20, 2007
$500,000
Jomac Properties LLC
Gale,claude K JR & Tracie L
Warranty Deed
$450,000 · Banktrust
—
—
Jomac Properties LLC
—
Deed Of Trust
related
$333,160 · Hancock 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.
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