Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Land Parcel in Frisco Title is generated by Realmo AI

    Commerce St, Frisco City, AL 36445

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Frisco City, AL

    Lot size:
    0.80 Acres
    Added:
    Jun 5, 2024
    Days on Market:
    705
    Last Refresh:
    May 10 at 5:06 am

    Property Features for Commerce St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    51 34 03 06 1 001 052.000
    Lot size
    0.80 Acres

    Taxes and HOA fees

    Tax Description
    See Survey in Documents.

    Utilities

    Water source
    Public
    Water front features
    Waterfront

    We can help!

    Listing Contact
    Patty Helton Davis
    Patty Helton Davis

    Listing agent Patty Helton Davis License #61477

    Listing office PHD Real Estate, LLC 1812 S Main Street, Atmore, AL

    Listing date Jun 5, 2024

    MLS# 646924 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.

    HighLights

    • Prime 0.8‑acre parcel centrally located within Frisco City limits.
    • 348 feet of paved road frontage offering easy access and high visibility.
    • Backs up to Alabama & Gulf Coast Railway, providing logistical advantages.
    • Suitable for retail, industrial, or service‑based businesses due to versatile zoning.
    • City utilities available (connection fees required).
    • Waterfront Features present

    Overview

    This 0.8-acre parcel is centrally located within Frisco City, Alabama. It features 348 feet of paved road frontage, providing accessibility and visibility. The property backs up to the Alabama & Gulf Coast Railway, which may offer logistical advantages for commercial operations. City utilities are available, subject to connection fees. The property's zoning allows for versatile use, with potential for retail, industrial, or service-based businesses. Mineral rights do not convey with the land. This location offers connectivity for various business needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Frisco City
    County
    Monroe
    State
    Alabama
    Longitude
    -87.3980709
    Latitude
    31.4335601

    Nearby Similar for Sale

    • $468,000

      Secluded Acreage with Agricultural Potential

      58.5 acres near Goodway, AL, ideal for rural living.
      000 Wiggins Road, Frisco City, AL 36445
      View Details
    • $42,500

      Unrestricted Land in Frisco City

      3+/- acre parcel with utilities in Frisco City, Alabama.
      Parcel G Lett Rd, Frisco City, AL 36445
      View Details
    • $104,500

      Secluded 19-Acre Land Parcel

      19 acres in Goodway, AL, ideal for homesite.
      Wiggins Rd, Frisco City, AL 36445
      View Details
    • $104,500

      Secluded 19-Acre Land Parcel

      19 acres in Goodway, AL, ideal for homesite or recreation.
      00 Wiggins Road, Frisco City, AL 36445
      View Details
    • $84,900

      Land Near Frisco City

      10+/- acres near Frisco City, Alabama for recreational or agricultural.
      Snider Rd lot: A1, Frisco City, AL 36445
      View Details
    • $39,900

      Land in Frisco City, AL

      5.89+/- acres in Frisco City, Alabama, for homesite or recreation.
      Parcel J Lett Rd, Frisco City, AL 36445
      View Details
    • $22,500

      Acre Parcel on Snider Road

      One-acre parcel suitable for homesite or investment in Frisco City.
      Parcel F Snider Rd, Frisco City, AL 36445
      View Details
    • $149,000

      Unrestricted Land Near Frisco City

      Level, cleared acreage with utilities near local conveniences.
      1400 Block Mexboro Road, Frisco City, AL 36445
      View Details
    • $149,000

      Unrestricted Land Near Frisco City

      16.43 acres of cleared land with new pole barn.
      1400 Block Mexboro Rd, Frisco City, AL 36445
      View Details
    • $104,500

      Land Available in Frisco City

      Land for sale on Wiggins Road, Frisco City, Alabama.
      00 Wiggins Road, Frisco City, AL 36445
      View Details
    • $15,000

      Frisco City Acreage For Sale

      0.8-acre parcel within city limits with road frontage.
      0 Commerce Street, Frisco City, AL 36445
      View Details
    • $1,500,000
      79,000 SF

      79,000 SF - Heated / Cooled, Sprinkler Systems, in Good Condition For Sale

      79,000 sq ft office building on 5.3 acres.
      Monroe Co, Frisco City, AL 36445
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.8-acre parcel with road frontage in Frisco City, AL.
    Where is this commercial land located?
    The property is located at Commerce St Frisco City, AL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Prime 0.8‑acre parcel centrally located within Frisco City limits.; 348 feet of paved road frontage offering easy access and **high visibility**.; Backs up to Alabama & Gulf Coast Railway, providing logistical advantages.
    (251) 294-2060
    We can help!
    Listing Contact
    Patty Helton Davis
    Patty Helton Davis
    Real Estate License ID: 61477
    Learn More
    Request Owner's contact information
    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.

    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
    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

    Thank You for Inquiry
    Commerce St, Frisco City, AL 36445
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!