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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail properties & Spaces
Hilltop Loop Northport, AL 35475
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-2621962
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2007
Total area
6,400 SF
APN
15-05-22-0-001-061.000
UPID
US03-2621962
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
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$334k
Blend (final)
Blend
$505k
Owner & transaction history
C & L Ventures LLC · 1 yrs held
C & L Ventures LLC
since 2025
Last sale
$560,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$750,000
+61.4%
Commercial (general)
$695,000
+49.4%
Retail stores
$605,000
+30.2%
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 Northport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northport 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
$505,000
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$465,000
Current use
OFFICE BUILDING
$750,000
Change: +61% · Conversion: Difficult
COMMERCIAL (GENERAL)
$695,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$605,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$580,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $560k (Mar 10 2025)
Last sale anchor
$560k
Mar 10 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
$79 / 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
$2,050
Tax year 2023
Assessed value
$64,560
Assessed 2023
Previous assessed
$64,560
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$3,100
Assessed improvement
$61,460
Land market value
$15,500
Improvement market value
$307,300
Total market value
$322,800
Applied tax rate
1.0000
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 properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
10
Bathrooms
1
Total area
6,400 SF
APN
15-05-22-0-001-061.000
UPID
US03-2621962
Jurisdiction
TUSCALOOSA
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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$465,000
OFFICE BUILDING
Est. value
$750,000
COMMERCIAL (GENERAL)
Est. value
$695,000
RETAIL STORES
Est. value
$605,000
MEDICAL BUILDING
Est. value
$580,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
10
Bathrooms
1
Current owner
From public records · entity-resolved
C & L Ventures LLC
Entity
Mailing address
4703 FOSTERS INDUSTRIAL LN, TUSCALOOSA, AL 35401-0011
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2025
$560,000
C & L Ventures LLC
Patterson Equity Investments LLC
Warranty Deed
$468,000 · Bankfirst
Aug 7, 2023
—
Rhz Development LLC
Patterson Equity Investments LLC
Warranty Deed
—
Dec 22, 2022
$649,000
Patterson Equity Investments LLC
Twin States Forest Products INC
Warranty Deed
$649,000 · Local Bank
Nov 1, 2022
$250,000
Twin States Forest Products INC
Barbara P Gelwix
Warranty Deed
—
Jul 3, 2012
$293,500
Montgmry S Gelwix
Compass Bank
Warranty Deed
—
May 25, 2005
$15,500
David Hollingsworth
Patton Estates INC
Deed
—
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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