Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Saraland Land For Sale Title is generated by Realmo AI

    304 Celeste Road, Saraland, AL 36571

    View on Map
    Claim this Listing
    Picture of Commercial land at 304 Celeste Road, Saraland, AL
    For Sale
    $279,900

    LAND - Saraland, AL

    Lot size:
    6.40 Acres
    Added:
    Feb 7, 2025
    Days on Market:
    462
    Last Refresh:
    May 15 at 6:06 pm

    Property Features for 304 Celeste Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    B2
    Standard status
    Active
    APN
    1908330007006
    Lot size
    6.40 Acres

    Taxes and HOA fees

    Tax Annual Amount
    357

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Stacy Cole
    Stacy Cole

    Listing agent Stacy Cole License #138357

    Listing office Realty Executives Bay Group Saraland, AL

    Listing date Feb 7, 2025

    MLS# 7521293 Listing URL

    Copyright © 2026 Mobile Area 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.

    HighLights

    • 6.4 +/- Acres
    • Located on Celeste Rd. in Saraland
    • Zoned B2
    • Between Rouses and I‑65
    • Includes 2 Parcels (1908330007006 & 190833000202901)
    • Cable Available

    Overview

    This property features approximately 6.4 acres of commercial land located on Celeste Road in Saraland, Alabama, positioned between Rouses and I-65. The property comprises two parcels: 1908330007006 and 190833000202901. It is currently zoned B2. All measurements are approximate and not guaranteed. Buyers and their agents are advised to verify all important details.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Saraland
    County
    Mobile
    State
    Alabama
    Longitude
    -88.078215
    Latitude
    30.828397

    Nearby Similar for Sale

    • $675,000
      2,006 SF

      Saraland Restaurant Space For Sale

      Restaurant space for sale on a 5-lane highway.
      732 Saraland Boulevard S, Saraland, AL 36571
      View Details
    • $329,900
      1,807 SF

      Saraland Retail and Event Venue

      Retail and event venue with tenant-occupied separate building.
      505 Hartley Road, Saraland, AL 36571
      View Details
    • $425,000

      Saraland Land Investment Opportunity

      22.9 acre land parcel in rapidly growing Saraland, Alabama.
      00 Radcliff Road, Saraland, AL 36571
      View Details
    • $525,000
      3,200 SF

      Saraland Commercial Property on 2.68 Acres

      3200 sqft building on 2.68 acres near Highway 43.
      1306 Saraland S Avenue, Saraland, AL 36571
      View Details
    • $85,000

      Saraland Acreage: Build Your Dream

      2.1 acre property in Saraland school district.
      3460 Radcliff Road, Saraland, AL 36571
      View Details
    • $99,000

      Saraland Land for Custom Home

      6.4-acre homesite perfect for a custom residence.
      Celeste Road, Saraland, AL 36571
      View Details
    • $349,900

      Retail and Event Venue Opportunity

      Two buildings, previously a hair salon, gift shop, and event venue.
      505 Hartley Road, Saraland, AL 36571
      View Details
    • $2,200,000
      6,008 SF

      Fully Leased Saraland Retail Center

      Stabilized three-tenant strip center in Saraland, Alabama for sale.
      1016 Industrial Pkwy, Saraland, AL 36571
      View Details
    • $339,900
      3,906 SF

      3,906 SF Warehouse/Office Building For Sale in the Heart of Saraland

      3,906 SF warehouse/office with five bay doors in Saraland.
      810 Saraland Blvd S, Saraland, AL 36571
      View Details
    • $875,000
      7,000 SF

      7,000 SF Free-Standing Former Restaurant For Sale

      7,000 SF restaurant on 1.05 acres in Saraland, Alabama.
      929 Saraland Blvd S, Saraland, AL 36571
      View Details
    • $429,900
      4,396 SF

      4,396 SF Retail Building For Sale

      Freestanding 4,396 SF retail building on 0.99-acre lot.
      820 - 828 Saraland Blvd S, Saraland, AL 36571
      View Details
    • $45,000

      Saraland Land Ready For Vision

      Nearly half-acre lot in Saraland, ready for custom home.
      503 Shelton Beach Road, Saraland, AL 36571
      View Details

    FAQs

    What type of property is this?
    Commercial land - 6.4 acre commercial land parcel in Saraland, Alabama.
    Where is this commercial land located?
    The property is located at 304 Celeste Road Saraland, AL.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: 6.4 +/- Acres; Located on Celeste Rd. in Saraland; Zoned B2
    (251) 753-0213
    We can help!
    Listing Contact
    Stacy Cole
    Stacy Cole
    Real Estate License ID: 138357
    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

    Thank You for Inquiry
    304 Celeste Road, Saraland, AL 36571
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!