Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    02 Northgate Dr Atmore, AL 36502

    View on Map
    Sponsored
    For Sale
    Contact for pricing

    LAND - Atmore, AL

    Lot size:
    1.00 Acre
    Days on Market:
    199
    Last Refresh:
    Mar 14 at 1:06 pm

    Property Features for 02 Northgate Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    30 26 05 16 0 200 003.000
    Lot size
    1.00 Acre

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Brett Helton
    Brett Helton

    PHD Realty LLC (251) 294-2060

    Listing agent Brett Helton (251) 359-4533

    Listing date Aug 28, 2025

    MLS# 652101 Listing URL

    Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Acre Lots Outside City Limits

    Three 1-acre lots are available outside of city limits. The flat, versatile land offers the freedom to build a custom home, set up a manufactured home, or create a private recreational oasis. The property provides ample space and a serene rural setting, offering possibilities for comfortable living or outdoor adventures. The location provides peace and privacy of country life while remaining conveniently close to city amenities. Buyer is to verify all information during due diligence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Storage Facility Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atmore
    County
    Escambia
    State
    Alabama
    Longitude
    -87.46949276
    Latitude
    31.05570521

    Nearby Similar for Sale

    • $165,000
      3,840 SF

      Land with Oversized Metal Building

      9.75+/- acres with metal building near Atmore, Alabama.
      Mccullough Rd, Atmore, AL 36502
      View Details
    • $389,000
      3,000 SF

      Atmore Retail Building - Prime Location

      Updated 3,000 SF building, high visibility, ample parking.
      810 E craig street, Atmore, AL 36502
      View Details
    • $315,000
      4,836 SF

      Atmore Retail Space For Sale

      Downtown Atmore retail space, high foot traffic.
      111 W Ridgeley St, Atmore, AL 36502
      View Details
    • $250,000
      6,328 SF

      Historic Atmore Retail Building

      Downtown Atmore commercial building, ideal for multiple uses.
      122 N main street, Atmore, AL 36502
      View Details
    • $110,000
      3,108 SF

      Versatile Commercial Building Near I-65

      3,100+ sq ft building suitable for retail or distribution.
      3186 Jack Springs Rd, Atmore, AL 36502
      View Details
    • $315,000
      3,848 SF

      Atmore Commercial Building

      Versatile Downtown Atmore Property
      111 Ridgeley St, Atmore, AL 36502
      View Details
    • $299,325
      5,400 SF

      Historic Atmore Mixed-Use Building

      Downtown Atmore gem: live & work!
      115 N main street, Atmore, AL 36502
      View Details
    • $89,000
      1,200 SF

      Atmore Office Building - $89K

      1200 sq ft office, parking, Atmore, AL
      208 7th Ave, Atmore, AL 36502
      View Details
    • $199,000
      3,212 SF

      Historic Atmore Retail Building

      Prime Downtown Location, 3,212 SF
      125 N main street, Atmore, AL 36502
      View Details
    • $395,000
      7,605 SF

      Atmore Retail & Service Center

      Prime 7600 SF building, 4+ acres
      8682 us 31, Atmore, AL 36502
      View Details
    • $179,999
      2,400 SF

      Historic Building on Main Street

      2,400 sq ft historic building in downtown Atmore, Alabama.
      105 N Main St, Atmore, AL 36502
      View Details
    • $1,825,000
      65,000 SF

      High-Yield NNN Portfolio in AL

      Established profitable tire & auto repair portfolio.
      122 East Nashville Ave, Atmore, AL 36502
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Three 1-acre lots perfect for custom or manufactured homes.
    Where is this residential land & home lot located?
    The property is located at 02 Northgate Dr Atmore, AL.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: - Three 1-Acre Lots; - Outside of City Limits; - Flat, Versatile Land
    (251) 359-4533
    Request Owner's contact information
    02 Northgate Dr Atmore, AL 36502
    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.
    02 Northgate Dr
    Atmore, AL 36502
    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
    02 Northgate Dr Atmore, AL 36502
    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

    We can help!
    Listing Contact
    Brett Helton
    Brett Helton
    Real Estate License ID: 151144-1
    (251) 359-4533 (251) 368-1063 (251) 294-2060
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!