Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (251) 661-1471
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Commercial Lease
    • Commercial Sale
    • Residential Multi Family

    Listings

    For Sale (22)

    View map
    Residential Land in Growing Community
    $38,000
    0.78 Acres

    Residential Land in Growing Community

    Spacious lot suitable for building a home or investment.

    Charlotte St, Mobile, AL 36605
    View details
    Spacious Lot Near Amenities
    Contact for pricing
    0.36 Acres

    Spacious Lot Near Amenities

    One-third acre lot near schools, stores, and I-10.

    2753 Lartigue Ave S, Mobile, AL 36605
    View details
    LAND - Mobile, AL
    $55,000
    0.45 Acres

    LAND - Mobile, AL

    Commercial land • 0.45 Acres

    6768 Gaywood Dr, Mobile, AL 36605
    View details
    Land in Chunchula, Alabama
    $105,000
    5.41 Acres

    Land in Chunchula, Alabama

    5.4 acre property offers privacy, space, and convenience.

    10770 Highway 45, Chunchula, AL 36521
    View details
    Highway Frontage Commercial Lot
    $259,900
    1.38 Acres

    Highway Frontage Commercial Lot

    1.38-acre commercial lot with highway frontage, ready for development.

    19650 3Rd St, Mount Vernon, AL 36560
    View details
    Moffett Road Land For Sale
    Contact for pricing
    0.21 Acres

    Moffett Road Land For Sale

    Land with road frontage in high traffic area.

    10724 Moffett Rd, Wilmer, AL 36587
    View details
    Commercial Land on Moffett Road
    Contact for pricing
    0.16 Acres

    Commercial Land on Moffett Road

    Commercial land for sale in high-traffic Mobile, Alabama area.

    Moffett Rd, Mobile, AL 36587
    View details
    Saraland Acreage: Build Your Dream
    $85,000
    2.00 Acres

    Saraland Acreage: Build Your Dream

    2.1 acre property in Saraland school district.

    3460 Radcliff Rd, Saraland, AL 36571
    View details
    Cleared Lot Ready to Build
    Contact for pricing
    0.16 Acres

    Cleared Lot Ready to Build

    Cleared lot with mature trees, ready for new home.

    762 Farnell Ln, Mobile, AL 36606
    View details
    Waterfront Lot Ready for Home
    $110,000
    0.47 Acres

    Waterfront Lot Ready for Home

    Cleared waterfront lot in established community, ideal for coastal retreat.

    11030 Canal Dr, Theodore, AL 36582
    View details
    Residential Land in Mobile, AL
    Contact for pricing
    0.11 Acres

    Residential Land in Mobile, AL

    Level lot suitable for building a home or investment property.

    Thomas Ave N, Mobile, AL 36610
    View details
    Residential Lot in Deerfield Estates
    $48,500
    1.40 Acres

    Residential Lot in Deerfield Estates

    1.4 acre lot in quiet Irvington neighborhood.

    Deerfield Ct, Irvington, AL 36544
    View details
    Income Producing Midtown Triplex
    $340,000
    0.22 Acres

    Income Producing Midtown Triplex

    Fully occupied triplex in desirable midtown location.

    122 Glenwood St, Mobile, AL 36606
    View details
    Theodore Automotive Shop with Living
    $435,000
    4,800 SF

    Theodore Automotive Shop with Living

    Former automotive shop with living area on a 2.91-acre lot.

    4520 Hamilton Blvd, Theodore, AL 36582
    View details
    Former Restaurant Building on Demetropolis
    $169,900
    2,275 SF

    Former Restaurant Building on Demetropolis

    Restaurant building with equipment, high traffic, and flexible space.

    3450 Demetropolis Rd, Mobile, AL 36693
    View details
    Cleared Lot Ready for Development
    Contact for pricing
    1.00 Acre

    Cleared Lot Ready for Development

    One-acre lot in Semmes, ready for manufactured or site-built home.

    5225 Newburn Rd, Semmes, AL 36575
    View details
    Waterfront Lot in Stillwater Subdivision
    $65,000
    0.35 Acres

    Waterfront Lot in Stillwater Subdivision

    Cleared lot with waterfront views in Spanish Fort community.

    Farrington Ln, Spanish Fort, AL 36527
    View details
    Midtown Triplex Investment Opportunity
    $340,000

    Midtown Triplex Investment Opportunity

    Income-producing triplex in desirable midtown location, fully occupied.

    122 Glenwood St, Mobile, AL 36606
    View details
    Former Restaurant Building For Sale
    $169,900

    Former Restaurant Building For Sale

    Former restaurant with industry-grade equipment, suitable for flex space.

    3450 Demetropolis Rd, Mobile, AL 36693
    View details
    Citronelle Commercial Lot on Hwy 45
    $259,900

    Citronelle Commercial Lot on Hwy 45

    1.36-acre commercial property with 245 feet of Hwy 45 frontage.

    19650 N 3Rd St, Citronelle, AL 36522
    View details
    Diverse Hillside Property with Views
    $99,500

    Diverse Hillside Property with Views

    36+/- acre property with views, power, and water.

    1515 Antioch Church Rd, Millry, AL 36558
    View details
    Former Auto Shop on Large Lot
    $435,000

    Former Auto Shop on Large Lot

    Automotive shop with living area on almost 3 acres.

    4520 Hamilton Blvd, Theodore, AL 36582
    View details

    For Lease (1)

    View map
    Ready-to-Rent Office in Mobile, AL
    $7,232 / Mo
    23,326 SF

    Ready-to-Rent Office in Mobile, AL

    All-inclusive office space near historic downtown Mobile, AL.

    1621 University Blvd S, Mobile, AL 36609
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    RE/MAX Realty Professionals
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    RE/MAX Realty Professionals
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!