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

    7741 Wagoner Rd Point Clear, AL 36532

    View on Map
    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $2,900,000

    20-acre industrial property with 34,250 SF warehouse space.

    Property size:
    34,250 SF

    Property Features for 7741 Wagoner Rd

    General Information

    Property type
    Warehouses
    Square Feet
    34,250 SF
    Price / Square Foot
    $84
    Elevators
    N/A
    Lot Size
    889,495 SF

    Building Details

    Year Built
    2005
    Buildings
    3
    Stories
    1

    Overview

    Industrial Property with Warehouse Space

    Located in Point Clear, Alabama, this 20.42-acre industrial property features three warehouse buildings totaling 34,250 square feet. The warehouses include high ceilings, drive-in doors, and 3-phase power. Building 1, constructed in 1999, offers 10,500 square feet with 16-foot eaves and two 14' x 15'4" drive-in doors and 400-amp service. Building 2, built in 2000, includes 3,750 square feet, 16-foot eaves, one 14' x 14' drive-in door, and 200-amp service. Building 3, a 20,000-square-foot structure built in 2005, features 18-foot eaves and two 14' x 15'4" drive-in doors, also with 200-amp service. The property is located on Wagoner Road, off Highway 98. The level lot offers potential for future development, whether expanding existing industrial operations or creating a new residential or commercial project. The property is suitable for continued industrial use or redevelopment and ideal for estate homes or expansion.

    We can help!

    Listing Contact
    Paul Salter

    Learn more

    Property Insight Report

    HighLights

    • Three warehouse buildings totaling 34,250 square feet on a 20.42‑acre lot.
    • High ceilings, drive‑in doors, and 3‑phase power are featured in the existing structures.
    • Ideal for estate homes or expansion; located in Point Clear, Alabama, off Highway 98.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Real Estate Agency Restaurant Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Hotel & Motel Department Store Kitchen & Bath Showroom Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Point Clear
    State
    Alabama
    Longitude
    -88.171548
    Latitude
    30.577884

    Nearby Comparable

    • $419,000
      5,000 SF

      Theodore, AL Industrial Property

      Ready-to-use shop; high visibility location.
      5450 Willis Rd, Theodore, AL 36582
      View Details
    • $259,900
      3,100 SF

      Saraland Warehouse & Office Space

      3100 SF Warehouse, Office, & Shed - Great Investment!
      23 Station St, Saraland, AL 36571
      View Details
    • $1,450,000

      Theodore Warehouse with Covered Dock

      17,400± SF industrial property with credit tenant in place.
      5365 Willis Rd, Theodore, AL 36606
      View Details
    • $140,000
      3.45 Acres

      Commercial Lot on Highway 90

      3.5-acre commercial lot with high visibility on Highway 90.
      Highway 90, Theodore, AL 36582
      View Details
    • $74,000
      0.68 Acres

      Commercial Land on Highway 90

      Undeveloped 0.68 acre commercial land with highway frontage.
      Highway 90, Theodore, AL 36582
      View Details
    • Contact for pricing
      6,000 SF

      Industrial Lots Near I-10

      Industrial zoned lots with utilities available near I-10.
      5578 Sermon Rd W, Theodore, AL 36606
      View Details
    • Contact for pricing
      0.40 Acres

      I-10 Commercial Land, Mobile, AL

      Seven lots, I-10 visibility, industrial zoned.
      5578 Sermon Rd, Mobile, AL 36582
      View Details
    • $995,000
      6,441 SF

      Tillman's Corner Restaurant - Sale/Lease

      Prime Restaurant Space: Sale or Lease, High Traffic Location
      5470 Inn Rd, Mobile, AL 36619
      View Details
    • Contact for pricing

      Commercial Land I-10 Visibility

      Commercial land with I-10 frontage and high visibility.
      1 Motel Ct, Mobile, AL 36619
      View Details
    • Contact for pricing

      7.5 Acres Commercial Land Available

      7.5 acres suitable for hotel, service, or retail development.
      Coca Cola Rd, Mobile, AL 36619
      View Details
    • Contact for pricing
      10.24 Acres

      10.24 Acres Theodore, AL Land

      Prime Commercial Land - I-10 Access
      5991 Old Pascagoula Rd, Theodore, AL 36619
      View Details
    • $3,400,000

      9 AC Industrial Outdoor Storage

      9 AC industrial outdoor storage lot, convenient location near I-10.
      5943 Old Pascagoula Rd, Mobile, AL 36619
      View Details

    FAQs

    What type of property is this?
    Warehouse - 20-acre industrial property with 34,250 SF warehouse space.
    Where is this warehouse located?
    The property is located at 7741 Wagoner Rd Point Clear, AL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: Three warehouse buildings totaling 34,250 square feet on a 20.42-acre lot.; High ceilings, drive-in doors, and 3-phase power are featured in the existing structures.; Ideal for estate homes or expansion; located in Point Clear, Alabama, off Highway 98.
    (850) 564-0120
    Request Owner's contact information
    7741 Wagoner Rd Point Clear, AL 36532
    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.
    7741 Wagoner Rd
    Point Clear, AL 36532
    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
    7741 Wagoner Rd Point Clear, AL 36532
    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
    Paul Salter
    (850) 564-0120
    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!