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Property profile & analytics
OFF-MARKET
Office buildings
932 Shelton Bch Rd Saraland, AL 36571-3033
Individually Owned
3-yr Hold
Property ID
US03-0661929
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
1,837 SF
Lot
0.35 ac (15,202 SF)
APN
22 03 05 4 002 034.XXX
UPID
US03-0661929
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
-
Farmers Insurance - Lance Bledsoe Insurance Agency
-
Farmers Insurance - Will Stewart Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
William F Stewart IV · 3 yrs held
William F Stewart IV
since 2023
Last sale
$225,000
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 Saraland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saraland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,676
Tax year 2023
Assessed value
$28,160
Assessed 2023
Previous assessed
$28,160
+0.0% YoY
Effective rate
5.95%
On assessed value
Assessed land
$3,000
Assessed improvement
$25,160
Land market value
$15,000
Improvement market value
$125,800
Total market value
$140,800
Applied tax rate
16.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
7
Bathrooms
2
Total area
1,837 SF
Lot
0.35 ac (15,202 SF)
APN
22 03 05 4 002 034.XXX
UPID
US03-0661929
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
Building & site characteristics
From public records
Year built
1989
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
William F Stewart IV
Individual
Mailing address
932 SHELTON BCH RD, SARALAND, AL 36571-3033
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2023
$225,000
William F Stewart IV
Thomas Lance Bledsoe
Warranty Deed
$191,250 · The First A National Banking Assn
Jul 16, 2013
$86,000
Thomas Lance Bledsoe
Benjamin T Harrison
Warranty Deed
$72,000 · FCU
May 10, 2011
$40,000
Kelly,thomas A & Janice D
Harrison,benjamin T JR
Warranty Deed
—
May 10, 2011
$20,000
Harrison,benjamin T JR
Mcadams,shelby V
Warranty Deed
—
Oct 1, 2010
$40,000
Harrison,benjamin T JR
Harrison,marjorie
Warranty Deed
related
—
—
—
Kelly,thomas A & Janice D
—
Deed Of Trust
related
$104,100 · First Cmnty 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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