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

    6000 Block Hwy 21 Atmore, AL 36502

    Sponsored
    For Sale
    $525,000

    LAND - Atmore, AL

    Lot size:
    6.47 Acres
    Days on Market:
    256
    Last Refresh:
    Feb 28 at 6:06 am

    Property Features for 6000 Block Hwy 21

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1108280200005.001
    Lot size
    6.47 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Debbie Rowell
    Debbie Rowell

    Southern Real Estate (251) 368-4397

    Listing agent Debbie Rowell (251) 294-6999

    Listing date Jun 18, 2025

    MLS# 609007 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

    6.47 Acre Commercial Land Parcel

    This 6.47-acre land parcel is zoned for commercial or retail use within city limits. The site is adjacent to the Rivercane commercial and retail development. Utilities are located adjacent to the property. The land offers a lake view and frontage on both Highway 21 and Interstate 65. The property is located in the 6000 Block of Highway 21, Atmore, AL 36502.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Atmore
    County
    Escambia
    State
    Alabama
    Longitude
    -87.47476102
    Latitude
    31.10845949

    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

      Updated Office Space with Storage

      Multipurpose building with office and storage in excellent condition.
      810 E Craig St, Atmore, AL 36502
      View Details
    • $300,000
      4,836 SF

      Downtown Atmore Retail Space Opportunity

      Versatile retail space in Atmore's vibrant downtown business district.
      111 W Ridgeley St, Atmore, AL 36502
      View Details
    • $200,000
      7,860 SF

      Versatile Commercial Building Near Highway

      7,860 SF commercial building suitable for various business types.
      332 Trammell St, Atmore, AL 36502
      View Details
    • $225,000
      6,328 SF

      Historic Retail Building with Warehouse

      Circa 1920s retail building with warehouse space for sale.
      122 N Main St, Atmore, AL 36502
      View Details
    • $280,000
      2,111 SF

      Turn-Key Restaurant on Highway 21

      Established restaurant for sale in high-traffic Atmore location.
      2989 Highway 21, 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
    • $125,000
      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
    • $375,000
      10,800 SF

      Established Retail Building For Sale

      Well-established 10,800 SF retail building with ample parking.
      9828 Us 31, Atmore, AL
      View Details
    • $600,000
      22,133 SF

      Historic Building with Income Potential

      Expansive historic building with renovated office space and storage units.
      505 N Main St, Atmore, AL 36502
      View Details
    • Contact for pricing
      27,000 SF

      Atmore Warehouse with Covered Space

      37,000 SF warehouse with office and covered delivery space.
      315 E Ridgeley St, 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

    FAQs

    What type of property is this?
    Commercial land - Commercial land with highway and interstate frontage in Atmore, Alabama.
    Where is this commercial land located?
    The property is located at 6000 Block Hwy 21 Atmore, AL.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - 6.47 acre land parcel zoned commercial/retail; - Highway 21 and I-65 frontage; - All utilities adjacent to property
    (251) 294-6999
    Request Owner's contact information
    6000 Block Hwy 21 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.
    6000 Block Hwy 21
    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
    6000 Block Hwy 21 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
    Debbie Rowell
    Debbie Rowell
    Real Estate License ID: 16927
    (251) 294-6999 (251) 368-4397
    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!