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    For Sale (26)

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    Red Bay Commercial Building For Sale
    $225,000
    4,568 SF

    Red Bay Commercial Building For Sale

    Commercial building with office, warehouse, and expansion potential.

    111 5Th Ave, Red Bay, AL 35582
    View details
    21.57 Acres in Rogersville, AL
    $249,900
    21.57 Acres

    21.57 Acres in Rogersville, AL

    21.57-acre rural property offering endless potential and peaceful country living.

    County Road 55, Rogersville, AL 35652
    View details
    Waterfront Lot in Gated Community
    $119,900
    0.90 Acres

    Waterfront Lot in Gated Community

    Large lot with waterfront view in Florence, Alabama.

    844 Bridgewater Dr, Florence, AL 35634
    View details
    Hackleburg Vacant Land For Sale
    $120,000
    40.00 Acres

    Hackleburg Vacant Land For Sale

    40-acre tract ideal for residential, recreational, farming, or hunting.

    County Highway 32, Hackleburg, AL 35564
    View details
    Red Bay Acreage with Private Lake
    $275,000
    32.00 Acres

    Red Bay Acreage with Private Lake

    32 acres with 15-acre lake inside city limits.

    131 Bates Dr, Red Bay, AL 35582
    View details
    Tuscumbia Commercial Space For Sale
    $234,900
    1,500 SF

    Tuscumbia Commercial Space For Sale

    1,500 SF corner-lot commercial space in Tuscumbia, Alabama.

    300 E 6Th St, Tuscumbia, AL 35674
    View details
    Brookwood Subdivision Homesite Opportunity
    Contact for pricing
    0.64 Acres

    Brookwood Subdivision Homesite Opportunity

    0.64-acre sloped lot in Brookwood Subdivision, Red Bay, AL.

    Whippoorwill Dr, Red Bay, AL 35582
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    Charming Farmhouse in Prime Location
    $80,000
    1,325 SF

    Charming Farmhouse in Prime Location

    Early 1900s farmhouse with vintage charm and great potential.

    355 Main St, Vina, AL 35593
    View details
    Waterfront Lot in Rogersville, AL
    $240,000
    0.56 Acres

    Waterfront Lot in Rogersville, AL

    Partially wooded lot with seasonal waterfront on Wheeler Lake.

    226 Reynolds Dr, Rogersville, AL 35652
    View details
    Scenic Rogersville Acreage with Views
    $119,900
    4.00 Acres

    Scenic Rogersville Acreage with Views

    Four-acre tract with water views, ideal for custom home.

    County Road 113, Rogersville, AL 35652
    View details
    3.72 Acres in Anderson, AL
    $93,000
    3.72 Acres

    3.72 Acres in Anderson, AL

    3.72 acres in Anderson, Alabama, ideal for residential use.

    25568 W County Line Rd, Anderson, AL 35610
    View details
    Land for Residential Use
    $68,250
    2.31 Acres

    Land for Residential Use

    2.31 acres of land suitable for residential development.

    25634 W County Line Rd, Anderson, AL 35610
    View details
    Marion County Hunting Land
    $160,000
    16.00 Acres

    Marion County Hunting Land

    16-acre hunting land with stream near Hamilton, Alabama.

    Co Rd 75, Hamilton, AL 35570
    View details
    5.2 Acre Vacant Land
    $50,000
    5.20 Acres

    5.2 Acre Vacant Land

    5.2 acres near Cedar and Little Bear Lakes.

    00 Highway 21, Russellville, AL 35653
    View details
    Land with Creek in Vina
    $45,000
    3.00 Acres

    Land with Creek in Vina

    Three acre property with Blue Creek frontage in Vina, Alabama.

    Blue Creek Rd, Vina, AL 35593
    View details
    77 Acres Hunting Retreat
    $154,000
    77.26 Acres

    77 Acres Hunting Retreat

    77 acres of land near Little Bear Lake.

    Highway 16, Vina, AL 35593
    View details
    Residential Land in Lexington, AL
    $50,000
    2.85 Acres

    Residential Land in Lexington, AL

    2.85 acre residential land for sale in Lexington, AL.

    7415 Highway 64, Lexington, AL 35648
    View details
    Land Lot in Killen, AL
    Contact for pricing
    0.60 Acres

    Land Lot in Killen, AL

    0.6 acre lot ready for new construction in Killen.

    44 Faires Dr, Killen, AL 35645
    View details
    Waterfront Lot in Rogersville, AL
    $240,000
    0.56 Acres

    Waterfront Lot in Rogersville, AL

    Partially wooded lot with seasonal waterfront on Wheeler Lake.

    226 Reynolds Dr, Rogersville, AL 35652
    View details
    3.72 Acres in Anderson, AL
    $93,000
    3.72 Acres

    3.72 Acres in Anderson, AL

    3.72 acres in Anderson, Alabama, ideal for residential use.

    25568 W County Line Rd, Anderson, AL 35610
    View details
    Land in Anderson, Alabama
    $68,250
    2.31 Acres

    Land in Anderson, Alabama

    2.31 acres in Anderson, Alabama, ideal for residential use.

    25634 W County Line Rd, Anderson, AL 35610
    View details
    Unrestricted 53-Acre Farm in Danville
    $525,000
    53.00 Acres

    Unrestricted 53-Acre Farm in Danville

    53-acre farm with pond, fenced, suitable for livestock/crops.

    53 Acres County Rd 41 W, Danville, AL 35619
    View details
    Land on County Line Road
    $68,250

    Land on County Line Road

    Land available on County Line Road West, Anderson, Alabama.

    25634 W County Line Rd, Anderson, AL 35610
    View details
    Commercial Building with Historic Touch
    $300,000
    4,568 SF

    Commercial Building with Historic Touch

    Spacious office and warehouse with expansion potential in downtown.

    111 5Th Ave, Red Bay, AL 35582
    View details
    Lakefront Land Inside City Limits
    $275,000

    Lakefront Land Inside City Limits

    30+ acres with private lake, city utilities available.

    131 Bates Dr, Red Bay, AL 35582
    View details
    10 Acres with Creek Frontage
    $149,900

    10 Acres with Creek Frontage

    10 acres of land with creek, ideal for recreation.

    14850 Highway 64, Lexington, AL 35648
    View details

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    BrickDriven Realty
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    BrickDriven Realty
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