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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Grocery and convenience stores
8468 Hwy 45 Eight Mile, AL 36613-8744
Individually Owned
9-yr Hold
Absentee Owner
Property ID
US03-0700444
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1987
Total area
5,432 SF
Lot
5.64 ac (245,678 SF)
APN
18 04 17 0 000 011.01X
UPID
US03-0700444
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$786k
Blend (final)
Blend
$725k
Owner & transaction history
Kenneth E Deaton · 9 yrs held
Kenneth E Deaton
since 2016
6 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 Eight Mile submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eight Mile 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$910,000
Change: 0% · Conversion: Difficult
RESTAURANT
$670,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$530,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$515,000
Change: 0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$505,000
Change: 0% · Conversion: Easy
MEDICAL BUILDING
$445,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$133 / 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
$3,144
Tax year 2023
Assessed value
$64,820
Assessed 2023
Previous assessed
$68,960
-6.0% YoY
Effective rate
4.85%
On assessed value
Assessed land
$11,360
Assessed improvement
$53,460
Land market value
$56,800
Improvement market value
$267,300
Total market value
$324,100
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Rooms
1
Bathrooms
2
Total area
5,432 SF
Lot
5.64 ac (245,678 SF)
APN
18 04 17 0 000 011.01X
UPID
US03-0700444
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
AUTO REPAIR, GARAGE
Est. value
$910,000
RESTAURANT
Est. value
$670,000
RETAIL STORES
Est. value
$530,000
OFFICE BUILDING
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$505,000
MEDICAL BUILDING
Est. value
$445,000
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
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
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
1
Bathrooms
2
Lot
5.64 ac
Current owner
From public records · entity-resolved
Kenneth E Deaton
Individual
Mailing address
416 3RD AVE, SARALAND, AL 36571-3408
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2021
—
Kenneth E Deaton
—
Deed
related
$100,000 · Linda Krentler
Aug 4, 2016
$180,000
Kenneth E Deaton
Abbott,phillip H & Sheila W
Warranty Deed
$130,000 · Phillip H & Sheila W Abbott
Jun 9, 2016
—
Phillip H Abbott
Taylor,daryl T & Karen P
Grant Deed
related
—
Jan 8, 2015
$315,000
Daryl T Taylor
Abbott,phillip H & Sheila W
Warranty Deed
$260,000 · Phillip H & Sheila W Abbott
Sep 18, 2013
—
Phillip H Abbott
Huynh,joanna
Grant Deed
—
Jul 17, 2012
$265,000
Huynh,joanna
Abbott,phillip H & Sheila W
Warranty Deed
$182,500 · Phillip H & Sheila W Abbott
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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