Renovated Residential Income
For Sale
$172,000
Pending
8053 Stacy Road, Mobile, AL 36695
Residential, Mobile, AL
Property Size1,482 SF
Lot Size10.00 Acres
Days on Market836
Property Features for 8053 Stacy Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Laundry Room, Bedroom 1, Bathroom 2, Bathroom 1, Utility Room
Parking features
Garage, Open
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), High Ceilings
Fireplace
1
Appliances
Cooktop, Dishwasher, Electric Range, Smoke Detector
Lot features
Less Than 1 Acre
Elementary school
Mobile Other Elementary
Middle school
Mobile-Other
High school
Mobile-Other High
Directions
From Airport Road West take left on Dawes Road, then right on Stacey Rd, follow gravel road until dead end, property on the right.
Subdivision
Mobile County
Standard status
Pending
APN
2707252000029005
Size
1,482 SF
Lot size
10.00 Acres
Taxes and HOA fees
Tax Description
Unit 36 Huntington Lake Condominium Phase 1 Rpbk 5157/1700 #Sec 25 T4s R3w #Mp27 07 25 2 000
Tax Annual Amount
1261
Legal Description
Unit 36 Huntington Lake Condominium Phase 1 Rpbk 5157/1700 #Sec 25 T4s R3w #Mp27 07 25 2 000
Utilities
Heating system
Central
Cooling system
Electric
Water front features
Pond
Building Details
Year built
2002
Floors in Building
1
Flooring type
Carpet, Tile
Roof type
Composition
Architectural style
Other
Listing Agency:
BluePrint Realty Company
(205) 407-4628
Listed By:
Erin Martinez · License #124768
(251) 278-8114
Added: May 20, 2024
Changed: Aug 19
Last Checked: Sep 2 at 3:06PM
MLS# 362815
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The offering is the left side of an attached duplex, providing 1,482 square feet with three bedrooms, two bathrooms, a laundry room, utility room, and fireplace. Interior improvements include new paint, appliances, light fixtures, and flooring. The unit also has central heating, electric cooling, ceiling fans, high ceilings, carpet and tile flooring, and a composition roof. A new HVAC system was installed in August 2024, and a water well has been added.
The property occupies a 10-acre site at the end of a dead-end road in Mobile, with open parking and a detached two-car garage/workshop. The lot backs to a large pond and includes a patio. Shopping, restaurants, and the airport are described as minutes away. No HOA is reported.
The property occupies a 10-acre site at the end of a dead-end road in Mobile, with open parking and a detached two-car garage/workshop. The lot backs to a large pond and includes a patio. Shopping, restaurants, and the airport are described as minutes away. No HOA is reported.
Key Highlights
- Left duplex unit with 1,482 square feet, 3 bedrooms, and 2 bathrooms
- 10‑acre site backing to a large pond
- Detached 2‑car garage/workshop
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,280
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$245,600
$245.6K
Cap Rate 7%
$175,429
$175.4K
Cap Rate 9%
$136,444
$136.4K
Market Conditions
NOI Build-Up for 1,482 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$24.0K $16.20/SF
− Vacancy
−$1.7K −$1.13/SF
EGI
$22.3K $15.07/SF
− OpEx
−$10.0K −$6.78/SF
NOI
$12.3K $8.29/SF
Area
Mobile, AL
Vacancy
7.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$245,600
Cap Rate 7%
$175,429
Cap Rate 9%
$136,444
Alternative Uses
Best Use
Apartment 5plus
$175.4K
$153.5K – $204.7K
NOI $12,280 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$376.7K
$329.6K – $439.5K
NOI $26,367 @ 7.0% cap · market cap 15.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
Demographics for 36695, AL
51,174
Population
21,269
Households
2.4
Avg Household Size
38
Median Age
34%
College-Educated
95%
High-School Grad
45.6 sq mi
ZIP Area
1,122
Density / Sq Mi
$75,236
Median Household Income
$47,614
Median Earnings
$1,192
Median Rent
$234,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom, two-bath unit with updated finishes, detached garage/workshop space, and a pond setting.
Where is this residential income property located?
The property is located at 8053 Stacy Road Mobile, AL.
What is the asking price?
The asking price for this property is $172,000.
What are key features of this property?
This property features: Left duplex unit with 1,482 square feet, 3 bedrooms, and 2 bathrooms; 10‑acre site backing to a large pond; Detached 2‑car garage/workshop
