Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Sports & entertainment properties
Jack Clift Blvd Madison, AL 35758
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US03-0894452
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2022
Total area
2,209 SF
Lot
13 ac (566,280 SF)
APN
15-09-29-0-001-006.000
UPID
US03-0894452
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
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$580k
Owner & transaction history
Lashawn Shonte Banks · 3 yrs held
Lashawn Shonte Banks
since 2023
Last sale
$579,999
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$495,000
+43.1%
Commercial (general)
$475,000
+37.7%
Medical building
$460,000
+33.2%
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$570,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$495,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$475,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$460,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $580k (Mar 28 2023)
Last sale anchor
$580k
Mar 28 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
$263 / 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
$4,218
Tax year 2023
Assessed value
$124,320
Assessed 2023
Previous assessed
$155,800
-20.2% YoY
Effective rate
3.39%
On assessed value
Assessed land
$106,600
Assessed improvement
$17,720
Land market value
$533,000
Improvement market value
$80,500
Total market value
$613,500
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
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2022
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,209 SF
Lot
13 ac (566,280 SF)
APN
15-09-29-0-001-006.000
UPID
US03-0894452
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$495,000
COMMERCIAL (GENERAL)
Est. value
$475,000
MEDICAL BUILDING
Est. value
$460,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2022
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
13 ac
Current owner
From public records · entity-resolved
Lashawn Shonte Banks
Individual
Mailing address
230 HAYSTACK DR, MADISON, AL 35757-5510
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2023
$579,999
Lashawn Shonte Banks
Stone Martin Builders LLC
Deed
$480,290 · Fairway Independent Mortgage Corp
Feb 26, 2021
$1,563,750
Alford Properties 1 LLC
Clift Home Place LLC
Warranty Deed
—
Nov 23, 2020
$663,500
Breland Homes LLC
Alford Properties 1 LLC
Warranty Deed
—
Nov 5, 2020
$488,500
Breland Homes LLC
Alford Properties 1 LLC
Warranty Deed
—
Sep 15, 2020
$2,633,400
Alford Properties 1 LLC
Clift Home Place LLC
Warranty Deed
—
Sep 8, 2020
$1,189,188
Revelette Ents LLC
Clift Home Place LLC
Warranty Deed
—
Oct 2, 2019
$2,400,000
Fuqua Bcdc Clift Farm Project Owner
Clift Home Place LLC
Warranty Deed
—
Oct 2, 2019
$971,700
Fuqua Bcdc Clift Farm Project
Clift Home Place LLC
Warranty Deed
related
$971,700 · Clift Hm Place LLC
Oct 2, 2019
$971,900
Fuqua Bcdc Clift Farm Expansio
Bcdc Clift Farm Fuqua Project
Warranty Deed
related
—
Dec 8, 2017
—
Clift,lillian & Jack T Trust
Clift,jack T
Quit Claim Deed
related
—
Dec 8, 2017
$2,289,000
Clift Home Place LLC
Clift Lillian & J T C R U
Warranty Deed
related
—
Nov 9, 2017
$5,000,000
Clift,lillian & Jack T Trust
Clift,jack T
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Jack Clift Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
