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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Investment properties
915 5th N Ave Birmingham, AL 35203-2512
Individually Owned
3-yr Hold
Free & Clear
Property ID
US03-0560315
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1955
Total area
5,000 SF
Lot
0.16 ac (7,000 SF)
Zoning code
M1
APN
22-00-35-3-017-001.000
UPID
US03-0560315
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
-
Crescent CNC LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
$895k
Comparable Approach
Comparable
$484k
Blend (final)
Blend
$705k
Owner & transaction history
Matthew Moghaddam · 3 yrs held
Matthew Moghaddam
since 2023
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
M1 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.0M
+78.7%
Medical building
$890,000
+57.8%
Office building
$835,000
+48.2%
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 Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham 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
$640,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
$970,000
6.5%
$895,000
7%
$830,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$565,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,010,000
Change: +79% · Conversion: Moderate
MEDICAL BUILDING
$890,000
Change: +58% · Conversion: Easy
OFFICE BUILDING
$835,000
Change: +48% · Conversion: Easy
AUTO REPAIR, GARAGE
$805,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$610,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $800k (Jan 20 2023)
Last sale anchor
$800k
Jan 20 2023
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
$141 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,540
Tax year 2022
Assessed value
$45,860
Assessed 2023
Previous assessed
$35,040
+30.9% YoY
Effective rate
5.54%
On assessed value
Assessed land
$7,000
Assessed improvement
$38,860
Land market value
$35,000
Improvement market value
$194,300
Total market value
$229,300
Applied tax rate
37.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1955
Heating
SPACE
Cooling
YES
Stories
1
Bathrooms
1
Total area
5,000 SF
Lot
0.16 ac (7,000 SF)
Zoning code
M1
APN
22-00-35-3-017-001.000
UPID
US03-0560315
Jurisdiction
JEFFERSON
Zoning & alternative use
M1 · Birmingham, AL
Zoning M1 · permitted uses
M1 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$565,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$890,000
OFFICE BUILDING
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$805,000
RETAIL STORES
Est. value
$610,000
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1955
Heating
SPACE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Matthew Moghaddam
Individual
Free & Clear · 3 yrs held
Mailing address
305 CHARTWELL DR, JONESBORO, GA 30236-5579
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2023
$800,000
Matthew Moghaddam
Mcmaster Properties LLC
Warranty Deed
—
May 23, 2018
$348,350
Mcmaster Properties LLC
Promedia LLC
Warranty Deed
—
May 23, 2018
—
Lawrence E Scott
Scott Lawrence C JR
Affidavit Of Death
related
—
Jun 28, 2007
—
Pro Media INC
Owner Name Unavailable
Grant Deed
related
—
Jan 18, 2005
$200,000
Popinski,jon
Scott,lawrence E
Grant Deed
—
Nov 22, 2004
—
Scott,lawrence E
Scott,lawrence C
Quit Claim Deed
related
—
Aug 1, 1990
$170,000
Lawrence C Scott
—
Deed Of Trust
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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