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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Grocery and convenience stores
851 Ryland Pike Huntsville, AL 35811-9574
Individually Owned
5-yr Hold
Free & Clear
Property ID
US03-3041357
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Total area
4,500 SF
Lot
1.22 ac (53,143 SF)
APN
12-04-19-2-000-060.000
UPID
US03-3041357
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
-
Texaco Huntsville Auto Repair Shop
-
Bitcoin Depot | Bitcoin ATM Atm Crypto Atm
-
Bitcoin Depot ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$526k
Blend (final)
Blend
$685k
Owner & transaction history
Ghanshyam Patel · 5 yrs held
Ghanshyam Patel
since 2020
Last sale
$560,400
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$735,000
+318.5%
Auto repair, garage
$630,000
+257.8%
Retail stores
$565,000
+221.9%
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
Method
Estimation
Statistic approach
$740,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$735,000
Change: +318% · Conversion: Moderate
AUTO REPAIR, GARAGE
$630,000
Change: +258% · Conversion: Difficult
RETAIL STORES
$565,000
Change: +222% · Conversion: Easy
MEDICAL BUILDING
$530,000
Change: +201% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $560k (Dec 9 2020)
Last sale anchor
$560k
Dec 9 2020
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
$152 / 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
$4,765
Tax year 2023
Assessed value
$132,120
Assessed 2023
Previous assessed
$112,080
+17.9% YoY
Effective rate
3.61%
On assessed value
Assessed land
$19,140
Assessed improvement
$112,980
Land market value
$95,700
Improvement market value
$564,900
Total market value
$660,600
Applied tax rate
1.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
4,500 SF
Lot
1.22 ac (53,143 SF)
APN
12-04-19-2-000-060.000
UPID
US03-3041357
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
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$630,000
RETAIL STORES
Est. value
$565,000
MEDICAL BUILDING
Est. value
$530,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Ghanshyam Patel
Individual
Free & Clear · 5 yrs held
Mailing address
309 ATWATER DR, MADISON, AL 35756-6433
Ownership since
2020
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
Dec 9, 2020
$560,400
Ghanshyam Patel
Ryland Texaco INC
Grant Deed
—
Jun 12, 2012
—
Ryland Texaco INC
Ryland Bp Food Mart INC
Quit Claim Deed
related
—
Jan 8, 2009
$885,000
Ryland Bp Food Mart INC
Andishe INC
Warranty Deed
$442,500 · Bank Of Independent
Jan 8, 2009
—
Ryland Bp Food Mart INC
Campbell,barbara W
Quit Claim Deed
related
—
Nov 21, 2008
$571,334
Andishe INC
Auctioneer Of Madison County
Trustees Deed
—
Jun 28, 2005
—
Barbara Wynne Campbell
William Don Beach
Joint Tenancy Deed
related
$587,500 · Community Bank
—
—
Bharatkumar K Patel
—
Deed Of Trust
related
$1,000,000 · First Nat'l Bk/pulaski
—
—
Bharatkumar K Patel
—
Deed Of Trust
related
$500,000 · First National Bank Pulaski
—
—
Brentwood Market INC
—
Deed Of Trust
related
$1,000,000 · First National Bank Pulaski
—
—
Ryland Bp Food Mart INC
—
Deed Of Trust
related
$101,883 · Bank Of Independent
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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