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Property profile & analytics
OFF-MARKET
Estimated value
$8,210,000
Grocery and convenience stores
90 Marketplace Cir Calera, AL 35040-8200
Entity Owned
3-yr Hold
Free & Clear
Property ID
US03-0870089
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2010
Total area
46,031 SF
Lot
11.09 ac (483,080 SF)
APN
228330001001002
UPID
US03-0870089
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
$8.21M
Blend (final)
Blend
$8.21M
Owner & transaction history
Psm Alabama Holdings LLC · 3 yrs held
Psm Alabama Holdings LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.4M
+46.4%
Office building
$6.8M
+17.7%
Commercial (general)
$6.0M
+3.7%
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 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
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
RETAIL STORES
$5,745,000
Current use
MEDICAL BUILDING
$8,415,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$6,765,000
Change: +18% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,960,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$8.21M
Range $7.39M – $9.03M · ±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
$178 / 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
$105,669
Tax year 2023
Assessed value
$1,956,840
Assessed 2023
Previous assessed
$1,956,840
+0.0% YoY
Effective rate
5.40%
On assessed value
Land market value
$2,028,890
Improvement market value
$7,755,310
Total market value
$9,784,200
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2010
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Rooms
5
Bathrooms
3
Total area
46,031 SF
Lot
11.09 ac (483,080 SF)
APN
228330001001002
UPID
US03-0870089
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$8.4M
OFFICE BUILDING
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.0M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2010
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Rooms
5
Bathrooms
3
Lot
11.09 ac
Current owner
From public records · entity-resolved
Psm Alabama Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 32018, LAKELAND, FL 33802-2018
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2022
—
Psm Alabama Holdings LLC
Calera Crossings LLC
Quit Claim Deed
related
—
Apr 30, 2009
—
Calera City
Owner Name Unavailable
Grant Deed
related
—
Mar 5, 2009
—
Calera Crossings LLC
Lane,james L
Quit Claim Deed
related
—
Mar 5, 2009
$3,100,000
Calera Crossings LLC
First Financial Bank
Warranty Deed
—
Mar 5, 2009
$275,000
Calera Crossings LLC
Lane,james L
Warranty Deed
—
Jun 4, 2007
$1,852,853
First Financial Bank
Auctioneer Of Shelby County
Trustees Deed
related
—
Apr 13, 2004
$1,350,000
Ed Cates
Clark,a W & Janice O
Warranty Deed
$1,369,000 · Matthew T Lemak
Mar 1, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
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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