Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Lottie Rd Atmore, AL 36502

    Sponsored
    For Sale
    $140,000

    Land - Atmore, AL

    Lot size:
    15.00 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 21 at 3:06 am

    Property Features for Lottie Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Not Zoned,Outside Corp Limits
    APN
    05-15-01-12-0-000-007.027
    Lot size
    15.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Patty Bailey

    Bailey Realty Group LLC (251) 239-8283

    Listing agent Patty Bailey (251) 239-8137 License #43159

    Listing date Jan 15, 2026

    MLS# 390266 Listing URL

    Copyright © 2026 Baldwin County 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

    Unrestricted Land with Creek Frontage

    This 15-acre property features frontage on a paved county road, with over 850 feet of road frontage. The land has no restrictions and no HOA. A small creek runs through the rear of the property. No utilities are currently on the property, but they are available. The property is located in Atmore, AL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Atmore
    County
    Escambia
    State
    Alabama
    Longitude
    -87.627041
    Latitude
    31.087008

    Nearby Similar for Sale

    • $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
    • $350,000
      5,461 SF

      Versatile Warehouse with Office Space

      Updated, income-producing warehouse with office on 5 acres.
      1825 S Main St, 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
    • $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
    • $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
    • $155,000
      1,254 SF

      Move-In Ready Home with Pool

      Well-maintained 3-bedroom home with new A/C, appliances, and pool.
      511 E Pine St, Atmore, AL 36502
      View Details
    • $275,000
      8,110 SF

      Retail/Wholesale/Warehouse Building on 1.68 Acres

      8100 SF building on 1.68 acres with high visibility.
      507 N Main St, Atmore, AL 36502
      View Details
    • $185,000
      2,760 SF

      Atmore Storefront Opportunity For Sale

      Versatile storefront in Atmore's business corridor, suitable for various uses.
      110 S Pensacola Ave, 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
    • $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
    • $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

    FAQs

    What type of property is this?
    Land - 15 acres of unrestricted land featuring creek and road frontage.
    Where is this land located?
    The property is located at Lottie Rd Atmore, AL.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - 15 Acres of Land with No Restrictions or HOA; - Boasting over 850 Feet of Frontage on a Paved County Road; - Creek Running Through the Rear of the Property
    (251) 239-8137
    Request Owner's contact information
    Lottie Rd 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.
    Lottie Rd
    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
    Lottie Rd 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
    Patty Bailey
    Real Estate License ID: 43159
    (251) 239-8137
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.