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

    2774 Alabaster Ct Semmes, AL 36575

    Sponsored
    For Sale
    $79,900

    LAND - Semmes, AL

    Type:Single Family Residence
    Lot size:
    1.11 Acres
    Days on Market:
    10
    Last Refresh:
    Feb 28 at 11:06 am

    Property Features for 2774 Alabaster Ct

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    2408330000008009
    Lot size
    1.11 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Cynthia Byrd
    Cynthia Byrd

    Ty Irby Realty (251) 689-8832

    Listing agent Cynthia Byrd (251) 402-2143

    Listing date Feb 19, 2026

    MLS# 7718126 Listing URL

    Copyright © 2026 Mobile Area 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

    Residential Land in Gated Community

    This residential land is located within the Alabaster gated community, which features ornate iron gates, lighted natural stone accented sidewalks, and driveways. This exclusive Semmes neighborhood has nine lots and Mediterranean, Tuscan, and Old World architectural styles. Palm trees and a water fountain enhance the community's aesthetic. The minimum home size is 3600 square feet, with an outdoor living and dining area (outdoor kitchens). The lot size is 1.114 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Accounting Firm Auto Repair Shop HVAC Service Electrical Service Discount Store (Bike/Boat/Book/etc) Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Semmes
    County
    Mobile
    State
    Alabama
    Longitude
    -88.29197547
    Latitude
    30.74891127

    Nearby Similar for Sale

    • $449,900
      3,093 SF

      Semmes Commercial Building For Sale

      Three-suite commercial building on high-traffic Schillinger Road.
      1751 Schillinger Rd N, Semmes, AL 36575
      View Details
    • Contact for pricing
      41,800 SF

      Retail Center Near High-Traffic Intersection

      Shadow retail center with high visibility and easy access.
      7885 Moffett Rd, Semmes, AL 36575
      View Details
    • Contact for pricing
      2,500 SF

      Operating Carwash on Corner Lot

      Operating carwash with self-serve and automatic bays for sale.
      6136 Mccrary Road Ext, Semmes, AL 36575
      View Details
    • Contact for pricing

      Retail Strip Center Investment Opportunity

      Retail strip center with seven units in Semmes, Alabama.
      4276 Mccrary Rd, Semmes, AL 36575
      View Details
    • $499,900
      3,093 SF

      Semmes Commercial Building - High Traffic!

      Three-Suite Building, Excellent Investment
      1751 Schillinger Rd, Semmes, AL 36575
      View Details
    • $224,900
      3,015 SF

      Semmes Retail Corner Lot Investment

      High-traffic retail space, excellent investment.
      8900 Moffett Rd, Semmes, AL 36575
      View Details
    • $999,900
      2,373 SF

      2600 Schillinger Rd, Semmes, AL 36575

      Commercial real estate • 2,373 SF
      2600 Schillinger Rd, Semmes, AL 36575
      View Details
    • $269,900
      6.50 Acres

      Semmes, AL: 6.5 Acres Prime Land

      Rare Semmes acreage, development potential.
      Pamona Pkwy, Semmes, AL 36575
      View Details
    • $1,750,000
      11.72 Acres

      Semmes Mixed-Use Investment Opportunity

      11.72 Acres, High-Traffic Location, Great Potential
      2001 Schillinger Rd, Semmes, AL 36575
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land in Semmes, AL, within a gated community.
    Where is this residential land & home lot located?
    The property is located at 2774 Alabaster Ct Semmes, AL.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Gated community offering privacy and exclusivity.; - Custom-built homes in a rare neighborhood.; - Showcasing Mediterranean, Tuscan, and Old World architectural styles.
    (251) 402-2143
    Request Owner's contact information
    2774 Alabaster Ct Semmes, AL 36575
    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.
    2774 Alabaster Ct
    Semmes, AL 36575
    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
    2774 Alabaster Ct Semmes, AL 36575
    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
    Cynthia Byrd
    Cynthia Byrd
    Real Estate License ID: 40705
    (251) 402-2143 (251) 649-1000
    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!