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Property profile & analytics
OFF-MARKET
Medical Office Space
940 Veterans Memorial Pkwy Tuscaloosa, AL 35404-5810
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-1034401
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2020
Construction
WOOD
Total area
3,630 SF
Lot
0.24 ac (10,650 SF)
Zoning code
MX-5
APN
30-04-19-3-018-008.000
UPID
US03-1034401
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
-
Aspen Dental - Tuscaloosa, AL Dental Office
-
Motto Clear Aligners Dental Office
-
Dr. Ryan Hirsowitz Dental Office
-
Dr. Kristina Hopkins Dental Office
-
Ryan Grant Hirsowitz Dental Office
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
Martin Alabama Opportunity Zone Fun · 6 yrs held
Martin Alabama Opportunity Zone Fun
since 2019
2 recorded transactions
Zoning & alternative use
MX-5 · Tuscaloosa, AL
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 Tuscaloosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tuscaloosa 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
$6,620
Tax year 2023
Assessed value
$128,540
Assessed 2023
Previous assessed
$130,600
-1.6% YoY
Effective rate
5.15%
On assessed value
Assessed land
$23,040
Assessed improvement
$105,500
Land market value
$115,200
Improvement market value
$527,500
Total market value
$642,700
Applied tax rate
4.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
4
Total area
3,630 SF
Lot
0.24 ac (10,650 SF)
Zoning code
MX-5
APN
30-04-19-3-018-008.000
UPID
US03-1034401
Jurisdiction
TUSCALOOSA
Zoning & alternative use
MX-5 · Tuscaloosa, AL
Zoning MX-5 · permitted uses
MX-5 · Tuscaloosa, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tuscaloosa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Lot
0.24 ac
Current owner
From public records · entity-resolved
Martin Alabama Opportunity Zone Fun
Individual
Mailing address
3100 W END AVE STE #1070, NASHVILLE, TN 37203-1384
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2019
$625,000
Martin Alabama Opportunity Zone Fun
Racetrac Petroleum INC
Warranty Deed
$1,000,000 · Reliant Bank
Oct 1, 2019
—
Martin Alabama Opportunity Zon
—
Deed
related
$1,625,000 · Tuscaloosa Warren
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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