Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    18375 AL-104 Robertsdale, AL 36567

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New retail/office spaces for lease in Robertsdale, Alabama.

    Type:Retail
    Property size:
    3,995 SF
    Added:
    Nov 13, 2024
    Days on Market:
    532
    Last Refresh:
    Mar 17 at 1:22 pm

    Property Features for 18375 AL-104

    General Information

    Standard status
    Active
    Size
    3,995 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2025

    Spaces For Lease

    at 18375 AL-104 Contact us

    Unit 5 $16 /Mo

    Size
    3,217 SF
    Type
    Retail
    Contact us

    Unit 2 $22 /Mo

    Size
    1,491 SF
    Type
    Retail
    New construction retail/office space available for lease with high visibility at...
    show more
    Contact us

    We can help!

    Listing Contact
    Seth Shirley

    Listing agent Seth Shirley License #AL 141890

    Listing office B4 Properties LLC

    Listing date Nov 13, 2024

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of B4 Properties LLC

    Overview

    New Construction Retail/Office Space

    New construction retail and office spaces are available for lease, offering high visibility at the intersection of State Highway 104 and State Highway 59 in Robertsdale, Alabama. The property features five available units, with sizes ranging from 1,491 to 3,995 square feet. All units will be delivered in turn-key condition. The estimated delivery date is December 1, 2025.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Robertsdale
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6111
    Latitude
    30.6097

    Nearby Similar for Lease

    • $22 SF/Yr

      Highway 59 Commercial Property

      Move-in ready facility with high visibility and traffic.
      20870 Hwy 59, Robertsdale, AL
      View Details
    • $2,000/Mo

      Retail/Office Space Near I-10

      2,400 SF retail/office space with high visibility and ample parking.
      27838 Co Rd 64, Robertsdale, AL
      View Details
    • $2,000/Mo

      2,400 SF Retail/Office For Lease w 150' Frontage on Cty Rd 64, Robertsdale

      2,400 SF retail/office space with high visibility and ample parking.
      27838 Co Rd 64, Robertsdale, AL 36567
      View Details
    • $13 SF/Yr

      1,625 SF Retail / Professional Office for Lease in Robertsdale (Floor 1, Suite Downstairs)

      1,625 sq ft retail/office space for lease in Robertsdale, AL.
      21530 Professional Dr, Robertsdale, AL 36567
      View Details
    • $3,000/Mo

      420 SF Trucking Transfer Facility Loxley 1B+1C+1D Lease

      420 sq ft trucking facility with power for refrigerated trucks.
      23809 Co Rd 64, Robertsdale, AL 36567
      View Details
    • Contact for pricing

      Robertsdale Flex Office/Warehouse Space

      Large bay flex office/warehouse space available for lease.
      22825 Mcauliffe Dr, Robertsdale, AL
      View Details
    • $1,600/Mo

      722 SF Office Space in the heart of Robertsdale for lease

      722 sq ft office space in the heart of Robertsdale.
      22193 AL-59, Robertsdale, AL 36567
      View Details
    • $12 SF/Yr

      Retail Space in Robertsdale, AL

      Newly constructed retail space available for lease in September 2025.
      18375 AL-104, Robertsdale, AL
      View Details
    • $22 SF/Yr

      8,486 SF Retail For Lease - 18375 St Hwy 104

      New retail space at St. Hwy 104 and St. Hwy 59.
      18375 St Hwy 104, Robertsdale, AL 36567
      View Details
    • $10 SF/Yr

      2,500 - 10,000 SF Flex/R&D For Lease - Hwy 59 ROBERTSDALE OFFICE WAREHOUSE

      Flexible space, build-to-suit option, ideal for R&D.
      24282 AL 59, Robertsdale, AL 36567
      View Details
    • $22 SF/Yr

      Retail/Office Space For Lease

      New construction retail/office space available for lease.
      18451 Hwy 104, Robertsdale, AL
      View Details
    • $400/Mo

      Robertsdale Office Space For Rent

      Office space featuring a large common room with bathroom and storage.
      21530 Professional Dr, Robertsdale, AL
      View Details

    FAQs

    What type of property is this?
    Retail space - New retail/office spaces for lease in Robertsdale, Alabama.
    Where is this retail space located?
    The property is located at 18375 AL-104 Robertsdale, AL.
    What are key features of this property?
    This property features: High‑visibility location at the intersection of St Highway 104 and St Hwy 59; New construction (built in 2025); Turn‑key condition upon delivery
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Seth Shirley
    Real Estate License ID: AL 141890
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!