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Property profile & analytics
OFF-MARKET
Estimated value
$28,745,000
Strip malls
975 Airport SW Rd Huntsville, AL 35802-1392
Entity Owned
Free & Clear
Property ID
US03-0920713
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1991
Construction
MIXED
Total area
115,232 SF
Lot
11 ac (479,160 SF)
APN
17-06-13-4-000-011.000
UPID
US03-0920713
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
-
Viet House Restaurant Restaurant
-
Westbury Square Shopping Center & Mall
-
Alabama Bread Bakery Specialty Food Shop
-
UPS Access Point location Courier Service Postal Service
-
Cuts by Us Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$28.75M
Owner & transaction history
Lipt Airport Road Sw LLC
Lipt Airport Road Sw LLC
since 2025
Last sale
$30.7M
7 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 Huntsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntsville 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%
$26,825,000
6.5%
$24,760,000
7%
$22,995,000
Blend value · Realmo final
$28.75M
Range $25.87M – $31.62M · ±10% · vs last sale $30.73M (Dec 30 2025)
Last sale anchor
$30.73M
Dec 30 2025
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
$249 / 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
$150,807
Tax year 2023
Assessed value
$2,600,120
Assessed 2023
Previous assessed
$2,199,640
+18.2% YoY
Effective rate
5.80%
On assessed value
Assessed land
$881,660
Assessed improvement
$1,718,460
Land market value
$4,408,300
Improvement market value
$8,592,300
Total market value
$13,000,600
Applied tax rate
2.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1991
Construction
MIXED
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
115,232 SF
Lot
11 ac (479,160 SF)
APN
17-06-13-4-000-011.000
UPID
US03-0920713
Jurisdiction
MADISON
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
1991
Construction
MIXED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
11 ac
Current owner
From public records · entity-resolved
Lipt Airport Road Sw LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3340 PEACHTREE RD NE STE #2775, ATLANTA, GA 30326-1016
Ownership since
2025
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
Dec 30, 2025
$30,733,274
Lipt Airport Road Sw LLC
Branch Westbury Associates LP
Warranty Deed
—
May 29, 2019
—
Branch Westbury Associates LP
—
Deed
related
$14,200,000 · Branch Bk&tr
Mar 9, 2018
$6,950,000
Branch Westbury Associates LP
Irc Westbury Square LLC
Grant Deed
—
Mar 11, 2015
$23,417,500
Inland Westbury Square LLC
Huntsville Store Co INC
Warranty Deed
—
Mar 11, 2015
$500
Inland Westbury Square LLC
Huntsville Store Co INC
Quit Claim Deed
related
—
—
—
Branch Westbury Associates LP
—
Deed Of Trust
related
$14,200,000 · Branch Bk&tr
—
—
Irc Westbury Square LLC
—
Deed Of Trust
related
$1,050,000,000 · Wells Fargo 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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