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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Office buildings
9805 Millwood Cir Daphne, AL 36527-5451
Entity Owned
4-yr Hold
Free & Clear
Property ID
US03-0383681
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
WOOD
Total area
5,644 SF
Lot
0.74 ac (32,234 SF)
APN
32-08-27-0-000-002.219
UPID
US03-0383681
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.06M
Owner & transaction history
B&r Properties LLC · 4 yrs held
B&r Properties LLC
since 2022
Last sale
$950,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.7M
+69.4%
Restaurant
$1.7M
+68.0%
Medical building
$1.1M
+7.7%
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 Daphne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daphne 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
$1,105,000
ML approach
$1,110,000
CAP Approach
CAP Return
Estimation
6%
$1,170,000
6.5%
$1,080,000
7%
$1,005,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,025,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,735,000
Change: +69% · Conversion: Easy
RESTAURANT
$1,720,000
Change: +68% · Conversion: Moderate
MEDICAL BUILDING
$1,105,000
Change: +8% · Conversion: Easy
RETAIL STORES
$945,000
Change: -8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$930,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $950k (Mar 18 2022)
Last sale anchor
$950k
Mar 18 2022
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
$188 / 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
$8,964
Tax year 2023
Assessed value
$194,860
Assessed 2023
Previous assessed
$194,860
+0.0% YoY
Effective rate
4.60%
On assessed value
Assessed land
$48,420
Assessed improvement
$146,440
Land market value
$242,100
Improvement market value
$732,200
Total market value
$974,300
Applied tax rate
44.0000
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
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
5,644 SF
Lot
0.74 ac (32,234 SF)
APN
32-08-27-0-000-002.219
UPID
US03-0383681
Jurisdiction
BALDWIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
RESTAURANT
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$930,000
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
2004
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
B&r Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
6390 JACKSONS OAK DR, DAPHNE, AL 36526-4738
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2022
$950,000
B&r Properties LLC
Beacon LLC
Warranty Deed
—
May 21, 2019
—
Beacon LLC
—
Deed
related
$693,495 · Servisfirst Bank
Sep 9, 2004
—
Beacon LLC
Timbercreek Land Co INC
Grant Deed
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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