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    For Sale (28)

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    Prime Commercial Land in Rehobeth
    $275,000
    1.29 Acres

    Prime Commercial Land in Rehobeth

    High-traffic commercial property with development potential in a growing community.

    5702 County Road 203, Rehobeth, AL 36301
    View details
    Land For Sale, Fernley, NV
    $64,900
    0.17 Acres

    Land For Sale, Fernley, NV

    Residential land available in Fernley, Nevada.

    Nevada Pacific Blvd, Fernley, NV 89408
    View details
    Land in Snowflake, Arizona
    Contact for pricing
    2.36 Acres

    Land in Snowflake, Arizona

    2.36 acre lot with evergreen trees, near Snowflake amenities.

    4053 S Pinto Rd, Snowflake, AZ 85937
    View details
    Holbrook Duplex: Income and Flexibility
    $279,900
    2,212 SF

    Holbrook Duplex: Income and Flexibility

    Versatile duplex in Holbrook, Arizona, with income potential.

    Holbrook, AZ 86025
    View details
    Reno Land Development Opportunity
    $324,900
    0.21 Acres

    Reno Land Development Opportunity

    Land with mixed-use zoning near shopping and restaurants.

    3301 Smith Dr, Reno, NV 89509
    View details
    Residential Land in Springerville, AZ
    $49,995
    1.03 Acres

    Residential Land in Springerville, AZ

    1.03-acre parcel with utilities, ideal for building your dream home.

    441 N West St, Springerville, AZ 85938
    View details
    Fernley Land Development Opportunity
    $399,000
    2.34 Acres

    Fernley Land Development Opportunity

    Partially entitled Fernley lots ready for development.

    12-15 18-19B, Fernley, NV 89408
    View details
    6 Acres Residential Land, Elba
    $60,000
    6.00 Acres

    6 Acres Residential Land, Elba

    6 acres of partially cleared land in the countryside.

    County Road 355, Elba, AL 36323
    View details
    480 Acres of Nevada Land
    $168,000
    480.00 Acres

    480 Acres of Nevada Land

    Expansive Nevada land parcel north of Fallon, ideal for recreation.

    T21N R29E S15, Fallon, NV 89406
    View details
    Residential Land in Ashford, AL
    $79,995
    10.00 Acres

    Residential Land in Ashford, AL

    Residential land suitable for building a custom home.

    5 Enterprise Church Rd, Ashford, AL 36312
    View details
    Corner Lot in Growing Area
    $64,900
    0.27 Acres

    Corner Lot in Growing Area

    Prime corner lot in established Fernley neighborhood, ideal for building.

    1331 Nevada Pacific Blvd, Fernley, NV 89408
    View details
    Residential Land in Newville, AL
    $175,500
    27.00 Acres

    Residential Land in Newville, AL

    27 acres of residential land in Headland School District.

    County Road 73, Newville, AL 36353
    View details
    Residential Land in Ashford, Alabama
    $79,995
    10.00 Acres

    Residential Land in Ashford, Alabama

    Residential land suitable for building a custom home.

    3 Enterprise Church Rd, Ashford, AL 36312
    View details
    Mixed-Use Land in Fallon, NV
    $7,000,000
    68.95 Acres

    Mixed-Use Land in Fallon, NV

    Large property with mixed zoning and development potential in Fallon.

    York Ln, Fallon, NV 89406
    View details
    Unrestricted Land in Wicksburg Zone
    $199,900
    3.29 Acres

    Unrestricted Land in Wicksburg Zone

    3.29 acres of unrestricted land suitable for commercial or residential use.

    Brannon Stand Rd, Dothan, AL 36303
    View details
    Commercial Land For Sale
    $275,000
    1.67 Acres

    Commercial Land For Sale

    1.67 acre commercial lot with high traffic volume.

    Reeves St, Dothan, AL 36303
    View details
    Residential Land on Hill Top
    $125,000
    4.50 Acres

    Residential Land on Hill Top

    4.5-acre residential lot near Wicksburg schools, Newton, AL.

    1 Hill Top Rd, Newton, AL 36352
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    Residential Land on Hill Top
    $125,000
    4.50 Acres

    Residential Land on Hill Top

    4.5-acre residential lot near Wicksburg schools, Newton, AL.

    2 Hill Top Rd, Newton, AL 36352
    View details
    Dothan Commercial Property on Hwy 231
    $975,000
    4.00 Acres

    Dothan Commercial Property on Hwy 231

    Versatile commercial space on high-traffic Hwy 231 S in Dothan.

    7159 Hwy 231, Dothan, AL 36301
    View details
    Prime Commercial Land in Fernley
    $5,482,026
    8.39 Acres

    Prime Commercial Land in Fernley

    8.39 acres of C-2 land with highway frontage.

    Nevada Pacific Blvd, Fernley, NV 89408
    View details
    Land in Snowflake, Arizona
    $33,000
    2.24 Acres

    Land in Snowflake, Arizona

    2.24-acre property, ideal for building your future home.

    4498 S Pinto Rd, Snowflake, AZ 85937
    View details
    Silver Springs Land Parcels Available
    $650,000
    10.35 Acres

    Silver Springs Land Parcels Available

    Residential and commercial lots available in Silver Springs, Nevada.

    3565 Us Highway 95A S, Silver Springs, NV 89429
    View details
    Silver Springs Land Parcel
    Contact for pricing
    4.77 Acres

    Silver Springs Land Parcel

    4.77 acre parcel suitable for investment or building a home.

    9210 Via Toledo St, Silver Springs, NV 89429
    View details
    Silver Springs Land Parcel
    Contact for pricing
    4.77 Acres

    Silver Springs Land Parcel

    4.77 acre parcel, ideal for investment or building a home.

    9275 Via Toledo St, Silver Springs, NV 89429
    View details
    Residential Land in Fernley, Nevada
    $65,000
    0.38 Acres

    Residential Land in Fernley, Nevada

    Residential land available for building a dream home.

    698 Ln Jenny's, Fernley, NV 89408
    View details
    Residential Land in Fernley, Nevada
    $64,900
    0.16 Acres

    Residential Land in Fernley, Nevada

    Residential land available in Fernley, Nevada.

    Nevada Pacific Blvd, Fernley, NV 89408
    View details
    640 Acres of Nevada Land
    $224,000
    640.00 Acres

    640 Acres of Nevada Land

    Large acreage parcel near Highway 95, Fallon, Nevada.

    T21N R29E S17, Fallon, NV 89406
    View details
    20 Acres in Fallon, Nevada
    $149,500
    20.00 Acres

    20 Acres in Fallon, Nevada

    Expansive 20-acre parcel for custom rural living near Fallon.

    Trento Ln, Fallon, NV 89406
    View details

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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
    RE/MAX Traditions
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