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    Industrial/Commercial Land with Rail Access Title is generated by Realmo AI

    1812 S Main Street, Atmore, AL 36502

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    For Sale
    $450,000

    LAND - Atmore, AL

    Lot size:
    18.00 Acres
    Added:
    Aug 15, 2025
    Days on Market:
    298
    Last Refresh:
    Jun 8 at 12:06 am

    Property Features for 1812 S Main Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Other-See Remarks,Within
    Standard status
    Active
    APN
    302609323003005.000 See Legal
    Lot size
    18.00 Acres

    Taxes and HOA fees

    Tax Description
    (2) Parcels: 30 26 09 32 3 003 005.000 and 30 26 09 31 4 003 002.000. See plat in photos.

    We can help!

    Listing Contact
    Patty Helton Davis
    Patty Helton Davis

    Listing agent Patty Helton Davis License #8210

    Listing office PHD Realty, LLC 1812 South Main Street, Atmore, AL

    Listing date Aug 15, 2025

    MLS# 383822 Listing URL

    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.

    HighLights

    • 18+/- acre industrial/commercial site on highly trafficked Hwy 21/S Main Street on the AL/FL line
    • 750 ft of access on Alabama & Gulf Coast Railway plus dual access points on Hwy 21 and Davidson Ln
    • Zoned B‑2 and described as subdividable into smaller lots
    • 750 ft railway access on‑site
    • Located 7.5 mi from Perdido River Farm meat processing facility (opened in 2025)
    • About 5 mi from Wind Creek 17‑story hotel/casino/RV park/spa and RiverCane development

    Overview

    This for-sale industrial/commercial land offering totals 18+/- acres and is presented with owner financing available. The site includes 750 ft of access to the Alabama & Gulf Coast Railway, supporting industrial and development concepts that benefit from rail connectivity. The property also notes dual access points on Hwy 21 and Davidson Ln, helping provide flexible entry while maintaining roadway frontage. Zoning is indicated as B-2, with the potential to be subdivided into smaller lots.

    The property is located on Hwy 21/S Main Street on the AL/FL line, with frontage positioned for visibility to 6,000+ daily commuters and truck drivers. The remarks also describe strategic proximity to several area employers and destinations, including the Perdido River Farm’s Meat Processing Facility that opened in 2025. Atmore’s downtown district is described as a short drive away, and the WIND CREEK hotel/casino/RV park/spa and RiverCane development are also noted within the surrounding market.

    For tenants, buyers, or developers, this assemblage can be evaluated as a multi-use industrial or commercial site given its rail access, dual roadway access, and stated B-2 zoning with subdividing potential. The site’s highway visibility and rail connectivity are practical considerations for users seeking land that can support tailored development plans.
    Property Profile Location Intelligence

    Current Use by Public Records

    PHD Realty, LLC. Real Estate Agency Malcolm Owen Bub ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Atmore
    County
    Escambia
    State
    Alabama
    Longitude
    -87.4965644
    Latitude
    31.000375

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    FAQs

    What type of property is this?
    Industrial land - Industrial and commercial site with 750 ft of Alabama & Gulf Coast Railway access and dual access points off Hwy 21.
    Where is this industrial land located?
    The property is located at 1812 S Main Street Atmore, AL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 18+/- acre industrial/commercial site on highly trafficked Hwy 21/S Main Street on the AL/FL line; 750 ft of access on Alabama & Gulf Coast Railway plus dual access points on Hwy 21 and Davidson Ln; Zoned B‑2 and described as subdividable into smaller lots
    (251) 368-1063
    We can help!
    Listing Contact
    Patty Helton Davis
    Patty Helton Davis
    Real Estate License ID: 8210
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    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.

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