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

    1503 Telegraph Rd Prichard, AL 36610

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $125,000

    1,160 sq ft Office, 0.31 Acres

    Property size:
    1,160 SF

    Property Features for 1503 Telegraph Rd

    General Information

    Property type
    Office properties & Spaces
    Square Feet
    1,160 SF
    Lot Size
    13,504 SF

    Building Details

    Year Built
    1943

    We can help!

    Listing Contact
    Dowartha Davis

    Listing Agency: Property Realty Inc Listing Agent: Dowartha Davis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 1,160 square foot office building, situated on a 0.31-acre lot at 1503 Telegraph Road in Prichard, Alabama, presents a compelling investment opportunity. Priced at $125,000, this property offers significant potential for a variety of uses. The building's size is ideal for a small business or professional practice seeking a convenient and well-located space. The 0.31-acre lot provides ample parking and potential for future expansion or development. Showings are available by appointment only, requiring a 24-hour notice to allow for scheduling and agent presence. Appointments can be scheduled for Mondays, Wednesdays, Thursdays, and Fridays between the hours of 9:00 a.m. and 5:00 p.m. This property is conveniently located in Prichard, offering easy access to major transportation routes and local amenities. Don't miss this chance to acquire a well-priced commercial property in a desirable location. Serious inquiries only. Contact us today to schedule your showing and explore the possibilities this property offers. The property is sold as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office properties & Spaces

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Prichard
    County
    Mobile - AL
    State
    Alabama
    Longitude
    -88.07037
    Latitude
    30.74829

    Nearby Similar for Sale

    • $450,000
      2,315 SF

      Eight Mile Commercial Property

      2.28-acre commercial property with high visibility and easy access.
      6125 Spice Pond Rd, Eight Mile, AL 36613
      View Details
    • $399,000
      9,918 SF

      Retail Space in Prichard, AL

      Former Family Dollar store in Belt 45 shopping center.
      1081 S Bessemer Ave, Prichard, AL 36610
      View Details
    • $40,000
      5,841 SF

      Warehouse with Potential Apartment Units

      Warehouse with apartment units and adjacent lot for sale.
      616 Martin Luther King Jr Dr, Prichard, AL
      View Details
    • $450,000

      Prime Commercial Property For Sale

      2.28 +/- acre commercial property with high visibility.
      6125 Spice Pond Rd, Eight Mile, AL
      View Details
    • Contact for pricing
      4,078 SF

      Prichard Office Space For Sale

      Office space available in Prichard, Alabama, totaling 4,078 square feet.
      403 S Wilson Ave, Prichard, AL 36610
      View Details
    • $519,000
      5,000 SF

      Eight Mile Office/Warehouse For Sale

      Spacious Office/Warehouse on 4.5± Acres
      4525 Schillinger Rd, Eight Mile, AL 36575
      View Details
    • $450,000
      2,764 SF

      Eight Mile Commercial Land Investment

      High-visibility, unrestricted 2.29-acre lot.
      6125 Spice Pond Rd, Eight Mile, AL 36613
      View Details
    • $370,000
      3,306 SF

      Whistler Industrial Warehouse

      Versatile 3,306 SF Warehouse, 1.05 Acres
      2107 Wolf Ridge Rd, Whistler, AL 36612
      View Details

    FAQs

    What type of property is this?
    Office property - 1,160 sq ft Office, 0.31 Acres
    Where is this office property located?
    The property is located at 1503 Telegraph Rd Prichard, AL.
    What is the asking price?
    The asking price for this property is $125,000.
    (251) 438-1533
    Request Owner's contact information
    1503 Telegraph Rd Prichard, AL 36610
    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.
    1503 Telegraph Rd
    Prichard, AL 36610
    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
    1503 Telegraph Rd Prichard, AL 36610
    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
    Dowartha Davis
    (251) 438-1533
    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!