Property profile

9488 Us Hwy 231 Arab, AL 35016

OFF-MARKET
Retail space
Property ID
US03-0681412
12,524 SF 8.4 ac lot Built 1976
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Total area 12,524 SF
Lot 8.4 ac (365,904 SF)
Zoning code 25
APN 12-08-34-0-000-032.000
UPID US03-0681412

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9488 Us Hwy 231 Arab, AL 35016-5008
Arab metro Census 30402 ALBERTVILLE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$593k
Blend (final) Blend
$250k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

25 · Arab, AL
Top alternative use upside
Office building $1.2M +110.5%
Apartment house (5+ units) $1.1M +95.7%
Warehouse, storage $635,000 +9.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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