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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Office buildings
Pelham, AL 35124
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-0793438
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Total area
5,888 SF
Lot
0.58 ac (25,265 SF)
APN
137252001003003
UPID
US03-0793438
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
by Request
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$778k
Blend (final)
Blend
$755k
Owner & transaction history
Nalthos Prop & Hldgs LLC · 5 yrs held
Nalthos Prop & Hldgs LLC
since 2020
Last sale
$621,560
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+48.4%
Commercial (general)
$765,000
+5.2%
Retail stores
$735,000
+1.4%
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 Pelham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pelham 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
$725,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,100,000
6.5%
$1,015,000
7%
$945,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$725,000
Current use
MEDICAL BUILDING
$1,075,000
Change: +48% · Conversion: Easy
COMMERCIAL (GENERAL)
$765,000
Change: +5% · Conversion: Easy
RETAIL STORES
$735,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $622k (Dec 22 2020)
Last sale anchor
$622k
Dec 22 2020
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
$128 / 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
$8,230
Tax year 2023
Assessed value
$141,900
Assessed 2023
Previous assessed
$141,900
+0.0% YoY
Effective rate
5.80%
On assessed value
Land market value
$262,760
Improvement market value
$446,720
Total market value
$709,480
Applied tax rate
8.0000
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
2000
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
12
Bathrooms
1
Total area
5,888 SF
Lot
0.58 ac (25,265 SF)
APN
137252001003003
UPID
US03-0793438
Jurisdiction
SHELBY
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
$725,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$765,000
RETAIL STORES
Est. value
$735,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
2000
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
12
Bathrooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Nalthos Prop & Hldgs LLC
Entity
Mailing address
3425 PELHAM PKWY, PELHAM, AL 35124-2009
Ownership since
2020
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
Nov 9, 2021
—
Nalthos Properties & Holdings LLC
—
Deed
related
$600,000 · Valley Bank
Dec 22, 2020
$621,560
Nalthos Prop & Hldgs LLC
Harmon Accounting LLC
Warranty Deed
—
Jun 19, 2019
$625,080
Harmon Accounting LLC
Dietrich,jessica M
Warranty Deed
$505,080 · Synovus Bk
—
—
Jessica M Dietrich
—
Deed Of Trust
related
$489,136 · Cadence Bk
—
—
Jessica M Dietrich
—
Deed Of Trust
related
$472,564 · Regions Bank
—
—
Jessica M Dietrich
—
Deed Of Trust
related
$472,564 · Regions Bank
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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