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    Angela Mcarthur, Mobile, AL

    License ID: AL 59058
    Berkshire Hathaway Homeservices Cooper & Co Inc Realtors

    Contact details

    Phone:
    (251) 591-3168
    Office Address:
    900 Hillcrest Rd Ste A5, Mobile, AL, 36695

    Performance

    Listings
    18

    Listings

    For Sale (6)

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    • $1,700,000
      4,847 SF

      Freestanding Restaurant on Airport Blvd

      Single-tenant, net-leased restaurant investment opportunity in a high-traffic location.
      4721 Airport Blvd, Mobile, AL 36608
      View Details
    • $470,000
      3,840 SF

      Grelot Professional Park Investment Property

      Prime investment property in Grelot Professional Park with 100% occupancy.
      5920 Grelot Rd, Mobile, AL 36609
      View Details
    • Contact for pricing

      Prime Land in Growing Corridor

      Out-parcels for sale near major development and corporate campus.
      East Riv Oaks Dr, Pensacola, FL
      View Details
    • Contact for pricing

      Saraland Commercial Land For Sale

      Commercial land suitable for retail or office development.
      416 Saraland Blvd, Saraland, AL 36571
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Out-parcels for sale in Pensacola's growth corridor.
      E Riv Oaks Dr, Pensacola, FL 32526
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Out-parcels for sale in Pensacola's growth corridor.
      E Riv Oaks Dr, Pensacola, FL 32526
      View Details

    For Lease (12)

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    • $11 SF/Yr
      32,500 SF

      Retail Space in High-Traffic Area

      32,500 SF retail space in a busy Cullman center.
      1731 2Nd Ave Sw, Cullman, AL 35055
      View Details
    • $22 SF/Yr
      1,200 SF

      Retail Space Across From Walmart

      Retail space in Foley Plaza with high visibility and access.
      2155 S Mckenzie St, Foley, AL 36535
      View Details
    • $35 SF/Yr
      7,840 SF

      Promenade Retail Space Available

      Prime retail opportunity in a high-traffic shopping destination.
      3821-3971 Promenade Pkwy, Diberville, MS 39540
      View Details
    • $15 SF/Yr
      2,700 SF

      Retail Space in Lakeview Village

      Retail space available in a master-planned regional retail development.
      3586-3516 Sangani Blvd, Diberville, MS 39540
      View Details
    • $15 SF/Yr
      922 SF

      Hillcrest Road Office Space Available

      Two-story office building with ample parking and lush landscaping.
      1110 Hillcrest Rd, Mobile, AL 36695
      View Details
    • $22 SF/Yr
      1,344 SF

      Retail Space with Drive-Through

      Former coffee shop with drive-through in a shopping center.
      7449 Airport Blvd, Mobile, AL 36608
      View Details
    • Contact for pricing

      Prime Outparcel in Growing Corridor

      1.33 acre outparcel near Navy Federal Credit Union campus.
      Pathstone Blvd, Pensacola, FL
      View Details
    • $15 SF/Yr
      3,994 SF

      Retail Space in Eastern Shore

      Premier retail location available for short-term rental.
      30500 State Highway 181, Spanish Fort, AL 36527
      View Details
    • $13 SF/Yr
      21,454 SF

      Retail Anchor Position in Mobile

      Neighborhood center with anchor position, high visibility, ample parking.
      2502 Schillinger Rd S, Mobile, AL 36695
      View Details
    • $16 SF/Yr
      1,200 SF

      Retail Space in Busy Center

      Retail space in a busy, grocery-anchored shopping center.
      9948 Airport Blvd, Mobile, AL 36608
      View Details
    • Contact for pricing

      Retail Space in Schillinger Place

      Well-positioned neighborhood center with high visibility and strong demographics.
      2502 Schillinger Rd S, Mobile, AL 36695
      View Details
    • Contact for pricing

      Retail Anchor Position Available

      Neighborhood center with anchor position, high visibility, ample parking.
      2502 Schillinger Rd, Mobile, AL 36619
      View Details

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    Angela Mcarthur, Mobile, AL
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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.

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