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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Drive through restaurants
8441 Hwy 31 Calera, AL 35040-6901
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0698576
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1986
Total area
3,386 SF
Lot
1.12 ac (48,874 SF)
APN
285214000019001
UPID
US03-0698576
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
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$857k
Blend (final)
Blend
$1.05M
Owner & transaction history
George Bascon Long · 1 yrs held
George Bascon Long
since 2024
Last sale
$1.1M
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 Calera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calera 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
$1,050,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10% · vs last sale $1.05M (Oct 1 2024)
Last sale anchor
$1.05M
Oct 1 2024
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
$310 / 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
$8,232
Tax year 2023
Assessed value
$152,440
Assessed 2023
Previous assessed
$152,440
+0.0% YoY
Effective rate
5.40%
On assessed value
Land market value
$244,370
Improvement market value
$517,790
Total market value
$762,160
Applied tax rate
3.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
3
Bathrooms
1
Total area
3,386 SF
Lot
1.12 ac (48,874 SF)
APN
285214000019001
UPID
US03-0698576
Jurisdiction
SHELBY
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
1986
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
George Bascon Long
Individual
Free & Clear · 1 yrs held
Mailing address
1035 MCCARLEY BLVD, WILMINGTON, NC 28412-5016
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
—
George Bascon Long
George B Long
Intrafamily Transfer
related
—
Jul 30, 2020
—
Gbl Investments LLC
—
Deed
related
$452,800 · Pinnacle Bk
Jul 2, 2020
—
Raceland Qsr LLC
Hardees Restaurants LLC
Quit Claim Deed
related
$566,000 · Pinnacle Bk
Nov 6, 2015
$1,050,000
Raceland Qsr LLC
Maureen Katherine Koppel
Warranty Deed
$2,121,794 · Jd Bank
Aug 21, 2007
—
Donald R Koppel
Owner Name Unavailable
Grant Deed
related
—
Aug 15, 2007
—
Koppel 2006 Living Trust
Capital Real Estate Invs LLC
Warranty Deed
$2,457,000 · Telesis Community Cu
Aug 7, 2006
—
Capital Real Estate Invs LLC
Farooqi Properties LLC
Warranty Deed
related
—
—
—
Koppel Living 2006 Trust
—
Deed Of Trust
related
$2,457,000 · Telesis Community Cu
—
—
Gbl Investments LLC
—
Deed Of Trust
related
$566,000 · Pinnacle Bk
—
—
Gbl Investments LLC
—
Loan Modification
related
$452,800 · Pinnacle 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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