Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    Joseph A Carter, Jasper, AL

    License ID: 98210
    Years of Experience
    11
    Association
    Walker Board Of Realtors

    Service Locations

    Contact details

    Phone:
    (205) 300-3720
    Office Address:
    20240 county road 222, Crane Hill, AL 35053

    Property Types

    • Commercial Sale
    • Land

    Performance

    Listings
    25
    Total transactions
    39
    Total transactions amount
    $14M
    Price range
    $239k - 539k
    Average price
    $359k

    Listings

    For Sale (25)

    View map
    • $199,900
      1.10 Acres

      Smith Lake Land with Views

      Land with gentle slope and stunning views of Smith Lake.
      10 Slick Ford Rd, Houston, AL 35572
      View Details
    • $199,900
      1.10 Acres

      Smith Lake Land with Views

      Residential land offering lake views in Houston, Alabama.
      5 Slick Ford Rd, Houston, AL 35572
      View Details
    • $199,900
      1.20 Acres

      Smith Lake Land with Views

      Land in Houston, AL, with views of Smith Lake.
      46 Slick Ford Rd, Houston, AL 35572
      View Details
    • $169,900
      1.46 Acres

      Smith Lake Land with Views

      Land in Houston, AL with lake views and gentle slope.
      39 Slick Ford Rd, Houston, AL 35572
      View Details
    • $299,900
      0.59 Acres

      Smith Lake Development Land

      Land in Slick Ford development with lake views and gentle slope.
      16 Slick Ford Rd, Houston, AL 35572
      View Details
    • $299,900
      0.58 Acres

      Smith Lake Land with Views

      Land in Slick Ford development with lake and forest views.
      14 Slick Ford Rd, Houston, AL 35572
      View Details
    • $199,900
      1.15 Acres

      Smith Lake Land with Views

      Land with gentle slope and stunning views in Houston, Alabama.
      12 Slick Ford Rd, Houston, AL 35572
      View Details
    • $199,900
      1.23 Acres

      Smith Lake Land with Views

      Land with gentle slope and stunning views in Houston, Alabama.
      11 Slick Ford Rd, Houston, AL 35572
      View Details
    • $129,900

      Waterfront Land on Smith Lake

      Wooded lot with 160 ft of waterfront on Smith Lake.
      14 Lynnwood Est, Arley, AL 35541
      View Details
    • $2,790,000
      17.02 Acres

      Bremen Land with Lake Frontage

      17.02 acre land tract with 917ft shoreline.
      County Road 71, Bremen, AL 35033
      View Details
    • $125,900

      Land in Arley, Alabama

      Building lot near Smith Lake with gentle slope and wooded area.
      47 Osprey Ave, Arley, AL 35540
      View Details
    • $125,900

      Land For Sale in Arley

      Wooded building lot with gentle slope near Smith Lake.
      41 Osprey Ave, Arley, AL 35540
      View Details
    • $109,900

      Land in Arley, Alabama

      Building lot near Smith Lake with gentle slope and wooded area.
      25 Pelican Dr, Arley, AL 35540
      View Details
    • $119,900

      Land in Arley, Alabama

      Building lot near Smith Lake with gentle slope and wooded area.
      11 Pelican Dr, Arley, AL 35540
      View Details
    • $115,900
      1.00 Acre

      Arley, AL Building Lot

      Wooded building lot near Smith Lake in Arley, Alabama.
      9 County Rd 3914, Arley, AL 35540
      View Details
    • $119,900

      Land For Sale in Arley

      Wooded building lot near Smith Lake in Arley, Alabama.
      51 Osprey Ave, Arley, AL 35540
      View Details
    • $129,900

      Land in Arley, Alabama

      Building lot near Smith Lake with gentle slope and wooded area.
      55 Flamingo St, Arley, AL 35540
      View Details
    • $5,700,000
      6.00 Acres

      Active Marina Investment Opportunity

      Income-producing marina with inn, restaurant, and boat storage.
      364 Lakeshore Dr, Double Springs, AL 35553
      View Details
    • $479,900

      Arley, AL Land For Sale

      Three combined lots near Smith Lake with gentle slope.
      15 Kingfisher Ln, Arley, AL 35540
      View Details
    • $199,900
      0.92 Acres

      Smith Lake Land with Views

      Land in Houston, AL with views of Smith Lake.
      9 Slick Ford Rd, Houston, AL 35572
      View Details
    • $199,900
      0.89 Acres

      Smith Lake Land with Views

      Land for sale with views of Smith Lake shoreline.
      8 Slick Ford Rd, Houston, AL 35572
      View Details
    • $229,900
      1.40 Acres

      Smith Lake Land with Views

      Land with gentle slope and stunning views of Smith Lake.
      63 Slick Ford Rd, Houston, AL 35572
      View Details
    • $199,900
      0.98 Acres

      Smith Lake Land with Views

      Land for sale with lake views in Houston, Alabama.
      7 Slick Ford Rd, Houston, AL 35572
      View Details
    • $199,900

      Land with Smith Lake Views

      Land in Houston, AL, with views of Smith Lake.
      6 Slick Ford Rd, Houston, AL 35572
      View Details
    • $229,900
      0.30 Acres

      Smith Lake Development Land Opportunity

      Land in Slick Ford development with lake views and gentle slope.
      57 Slick Ford Rd, Houston, AL 35572
      View Details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Joseph A Carter, Jasper, AL
    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.

    Alternative use

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

    Send Message to
    Joseph A Carter, Jasper, AL
    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
    (205) 300-3720
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.