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    James Henderson, Saraland, AL

    License ID: 91867-1
    Years of Experience
    17

    Service Locations

    Contact details

    Phone:
    (251) 447-4848
    Office Address:
    188, Saraland Blvd N, Saraland, AL 36571

    Property Types

    • Commercial Lease
    • Commercial Sale
    • Land

    Performance

    Listings
    14
    Total transactions
    279
    Total transactions amount
    $48M
    Price range
    $115k - 258k
    Average price
    $172k

    Listings

    For Sale (10)

    View map
    • $380,000
      43.00 Acres

      43 Acres on Highway 43

      43 acres on US Highway 43 in Mount Vernon, AL.
      Highway 43, Mount Vernon, AL 36560
      View Details
    • $299,000
      38.00 Acres

      38 Acres in Mount Vernon

      38 acres of commercial land in Mount Vernon, Alabama.
      Highway 43 N, Mount Vernon, AL 36560
      View Details
    • $250,000
      10.00 Acres

      Commercial Land in Mount Vernon

      10-acre commercial land parcel in Mount Vernon, Alabama.
      20100 Highway 43 N, Mount Vernon, AL 36560
      View Details
    • $199,900
      0.83 Acres

      Saraland Highway 43 Mixed-Use Property

      Highway 43 property suitable for car lot, retail, or storage.
      319 Hwy 43 N, Saraland, AL 36571
      View Details
    • $269,900
      0.45 Acres

      Mount Vernon Commercial Building For Sale

      Commercial building in Mt. Vernon, suitable for multiple uses.
      19390 Highway 43, Mount Vernon, AL 36560
      View Details
    • $59,000
      0.80 Acres

      Residential Lot with Pond

      Large lot with pond, ideal for building a dream home.
      Bell Dr, Creola, AL 36525
      View Details
    • $299,000
      0.17 Acres

      Commercial Building on D.I.P.

      Commercial building on high-traffic D.I.P. with parking.
      458 Dauphin Island Pkwy, Mobile, AL 36606
      View Details
    • $1,485,000

      Prime Commercial/Industrial Land in Axis

      128-acre commercial/industrial land with highway access in Axis, Alabama.
      Highway 43 N, Axis, AL 36505
      View Details
    • $39,950

      5 Acres on Kelly Trail

      Land with stream access, convenient to Citronelle and Saraland.
      Kelly Trl, Chunchula, AL 36521
      View Details
    • $700,000

      8 Acres Commercial Land Available

      Commercial land with potential for development in Semmes, Alabama.
      3301 N Schillinger Rd, Semmes, AL 36575
      View Details

    For Lease (4)

    View map
    • $1,250 /Mo
      35,005 SF

      Retail/Office Space in Chickasaw

      Versatile retail or office space in the heart of Chickasaw.
      355 Craft Hwy N, Mobile, AL 36611
      View Details
    • $8,800 /Mo
      23,292 SF

      Warehouse in Central Mobile, AL

      Warehouse space suitable for logistics or local warehouse needs.
      2312 Halls Mill Rd, Mobile, AL 36606
      View Details
    • $1,250 /Mo
      1,500 SF

      Versatile Retail/Office Space in Chickasaw

      Adaptable 1,500 sq ft space in Chickasaw's heart.
      355 N Craft Hwy, Chickasaw, AL 36611
      View Details
    • $1,800 /Mo

      Highway 43 N Land Available

      Land on Highway 43 N suitable for various businesses.
      319 Saraland Blvd, Saraland, AL 36571
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

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    James Henderson, Saraland, 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.

    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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    James Henderson, Saraland, AL
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