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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Office buildings
810 Palmer Rd Madison, AL 35758-3114
Entity Owned
4-yr Hold
Free & Clear
Property ID
US03-0226594
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,600 SF
Lot
1.73 ac (75,315 SF)
APN
16-04-18-0-000-009.004
UPID
US03-0226594
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
-
Madison Dental Care Dental Office
-
Burgess Terry A Dr Dental Office
-
Complete Counseling Counselor
-
Jennifer Stovall - COUNTRY Financial representative Financial Advisor
-
Blue Sky Pet Spa Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.02M
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.45M
Owner & transaction history
S & S Properties LLC · 4 yrs held
S & S Properties LLC
since 2021
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%
$2,180,000
6.5%
$2,015,000
7%
$1,870,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,145,000
Current use
COMMERCIAL (GENERAL)
$2,065,000
Change: -4% · Conversion: Easy
MEDICAL BUILDING
$1,995,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±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
$151 / 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
$18,455
Tax year 2023
Assessed value
$262,180
Assessed 2023
Previous assessed
$197,120
+33.0% YoY
Effective rate
7.04%
On assessed value
Assessed land
$45,200
Assessed improvement
$216,980
Land market value
$226,000
Improvement market value
$1,084,900
Total market value
$1,310,900
Applied tax rate
5.0000
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
9,600 SF
Lot
1.73 ac (75,315 SF)
APN
16-04-18-0-000-009.004
UPID
US03-0226594
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
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.0M
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
4
Bathrooms
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
S & S Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
307 W DEARBORN ST, MUSCLE SHOALS, AL 35661-3211
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2021
—
S & S Properties LLC
James C Gautney JR
Warranty Deed
—
Aug 10, 2021
—
J & S Properties LLC
—
Deed
related
$659,817 · Servisfirst Bank
Jun 22, 2021
—
P & G Construction Co INC
—
Deed
related
$300,000 · Cb&s Bank INC
Jan 25, 2018
—
P & G Construction Co INC
—
Deed
related
$250,000 · First Metro Bk
—
—
P & G Construction Co INC
—
Deed Of Trust
related
$300,000 · First Metro Bank
—
—
James C Gautney JR.
—
Deed Of Trust
related
$200,000 · First Metro Bank
—
—
James C Gautney JR.
—
Deed Of Trust
related
$50,000 · First Metro Bank
—
—
P & G Construction Co INC
—
Deed Of Trust
related
$250,000 · First Metro Bk
—
—
James C Gautney JR.
—
Deed Of Trust
related
$350,000 · First Metro Bank
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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