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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Retail space
981 Bethsaida Rd Boaz, AL 35957-1917
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0874558
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
7,552 SF
Lot
0.52 ac (22,651 SF)
Zoning code
12
APN
25-03-06-1-001-110.002
UPID
US03-0874558
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
-
Bargain Bins Albertville Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$800k
Owner & transaction history
Garcia Rentals LLC · 2 yrs held
Garcia Rentals LLC
since 2024
Last sale
$800,000
4 recorded transactions
Zoning & alternative use
12 · Boaz, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+122.5%
Office building
$735,000
+41.1%
Apartment house (5+ units)
$680,000
+31.2%
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 Boaz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boaz 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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$740,000
7%
$690,000
Alternative Use
Use
Estimation
RETAIL STORES
$520,000
Current use
COMMERCIAL (GENERAL)
$1,155,000
Change: +122% · Conversion: Easy
OFFICE BUILDING
$735,000
Change: +41% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$680,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Mar 1 2024)
Last sale anchor
$800k
Mar 1 2024
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
$106 / 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
$4,950
Tax year 2023
Assessed value
$99,000
Assessed 2023
Previous assessed
$99,000
+0.0% YoY
Effective rate
5.00%
On assessed value
Assessed land
$13,720
Assessed improvement
$85,280
Land market value
$68,600
Improvement market value
$426,400
Total market value
$495,000
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
7,552 SF
Lot
0.52 ac (22,651 SF)
Zoning code
12
APN
25-03-06-1-001-110.002
UPID
US03-0874558
Jurisdiction
MARSHALL
Zoning & alternative use
12 · Boaz, AL
Zoning 12 · permitted uses
12 · Boaz, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boaz. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$735,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$680,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Garcia Rentals LLC
Entity
Mailing address
57 SARAH BETTY LN, SCOTTSBORO, AL 35769-3929
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2024
$800,000
Garcia Rentals LLC
Harker Holdings LLC
Warranty Deed
$1,000,000 · Citizens Tri-county Bank
Sep 28, 2020
—
Harker Holdigns LLC
—
Deed
related
$225,000 · Metro Bank
Feb 11, 2019
$175,000
Harker Holdings LLC
Regalis Properties LLC
Warranty Deed
related
$140,000 · Metro Bk
Feb 19, 2004
—
Regals Properties LLC
Triple C Dev 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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