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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Automotive properties
9842 Pkwy E Pkwy Birmingham, AL 35215
Entity Owned
2-yr Hold
Free & Clear
Property ID
US03-1025498
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2015
Total area
968 SF
Lot
2.83 ac (123,275 SF)
Zoning code
CB2
APN
12-00-30-3-002-010.000
UPID
US03-1025498
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
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
Dixie Motors Birmingham INC · 2 yrs held
Dixie Motors Birmingham INC
since 2023
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
CB2 · Birmingham, 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 Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham 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
$840,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $1.05M (Dec 7 2023)
Last sale anchor
$1.05M
Dec 7 2023
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
$987 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$17,367
Tax year 2022
Assessed value
$260,720
Assessed 2023
Previous assessed
$239,540
+8.8% YoY
Effective rate
6.66%
On assessed value
Assessed land
$172,580
Assessed improvement
$88,140
Land market value
$862,900
Improvement market value
$440,700
Total market value
$1,303,600
Applied tax rate
32.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2015
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
968 SF
Lot
2.83 ac (123,275 SF)
Zoning code
CB2
APN
12-00-30-3-002-010.000
UPID
US03-1025498
Jurisdiction
JEFFERSON
Zoning & alternative use
CB2 · Birmingham, AL
Zoning CB2 · permitted uses
CB2 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.83 ac
Current owner
From public records · entity-resolved
Dixie Motors Birmingham INC
Entity
Free & Clear · 2 yrs held
Mailing address
38 WASHINGTON SQ, NEWPORT, RI 02840-2946
Ownership since
2023
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
Dec 7, 2023
$1,050,000
Dixie Motors Birmingham INC
Afn Absproop002 LLC
Warranty Deed
—
Jul 12, 2021
$1,275,000
Afn Absproop002 LLC
Rac Land LLC
Warranty Deed
$560,000,000 · Citibank
Oct 26, 2017
$500,000
Rac Land LLC
Union State Bank
Warranty Deed
$400,000 · Whitney Bank
—
—
Parkway Ents LLC
—
Deed Of Trust
related
$2,450,000 · Union St Bk/west Salem
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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