Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Saraland Center Title is generated by Realmo AI

    947 Saraland Blvd S, Saraland, AL

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail space available in redeveloped shopping center near Industrial Parkway.

    Type:RETAIL
    Property size:
    38,668 SF
    Lot size:
    5.01 Acres
    Added:
    Sep 12, 2025
    Days on Market:
    264
    Last Refresh:
    May 19 at 9:25 pm

    Property Features for 947 Saraland Blvd S

    General Information

    Standard status
    Active
    Size
    38,668 SF
    Lot size
    5.01 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 947 Saraland Blvd S Contact us

    We can help!

    Listing Contact
    Alex Justice
    Alex Justice

    Listing agent Alex Justice License #SAL.2023006147

    Listing office Goodman Real Estate

    Listing date Sep 12, 2025

    Source Moodyscre

    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 Goodman Real Estate

    HighLights

    • Located in the retail redevelopment of Shops on Saraland shopping center.
    • Join the new Rural King store (now open).
    • High traffic location: 19,544 vehicles pass the site daily.
    • Pylon sign panels available on Saraland Blvd.
    • Population of over 40,000 within a 5‑mile radius.
    • Approximately 2.5 miles from Interstate 65.

    Overview

    Retail space is available for rent in the Shops on Saraland shopping center, which is undergoing retail redevelopment and includes a new Rural King store. The property is located near the intersection of Industrial Parkway and Saraland Boulevard, approximately 2.5 miles from Interstate 65. Traffic counts near the site are 19,544 vehicles per day. The population within a 5-mile radius is over 40,000. Pylon sign panels are available on Saraland Blvd at the main entrance to the shopping center. The property has a size of 38668 square feet.
    Location Intelligence

    Current Use by Public Records

    Western Union Bank

    Suggested Use

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

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

    Similar Places Nearby

    • Coinstar Kiosk | Bitcoin ATM — Rouses Market, 112 Saraland Loop, Saraland, AL 36571
    • Gateway center — saraland, al 36571
    • Sara Square Shopping Center — 8 Saraland Blvd S, Saraland, AL 36571

    Location Insight

    • Map
    • Local Demand
    City
    Saraland
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0729
    Latitude
    30.8014

    Nearby Similar for Lease

    • $12 SF/Yr
      2,400 SF

      Retail Space in Saraland Center

      Retail space available in Piggly Wiggly anchored shopping center.
      801 Saraland Blvd S, Saraland, AL
      View Details
    • $12 SF/Yr
      21,600 SF

      Saraland Retail Space For Rent

      21,600 SF retail space with ample parking and highway visibility.
      10 Saraland Boulevard North, Saraland, AL
      View Details
    • $1,500/Mo
      3,250 SF

      Saraland Retail Space Available

      End cap retail space in high-traffic Saraland location.
      209 Saraland Ave, Saraland, AL
      View Details
    • $6 SF/Yr
      86,500 SF

      Saraland Warehouse with River Access

      86,500 SF warehouse with 12 docks in secure location.
      248 Jacintoport Blvd, Saraland, AL
      View Details
    • $7 SF/Yr
      2,125 SF

      Saraland Warehouse with Office Space

      2,125± SF warehouse with office near Highway 43.
      206 Saraland Blvd S, Saraland, AL
      View Details
    • Contact for pricing
      2,500 SF

      Freestanding Building on Highway 43

      Recently renovated 2,500 SF freestanding building with commercial kitchen.
      922 Saraland Blvd S, Saraland, AL 36571
      View Details
    • $4,600/Mo

      Saraland Commercial Space For Rent

      Commercial space available for rent in Saraland, Alabama.
      922 Saraland Blvd S, Saraland, AL 36571
      View Details
    • $10 SF/Yr
      8,000 SF

      Saraland Retail Space Available

      Former Family Dollar space with great open layout.
      96-124 Saraland Loop, Saraland, AL
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space Available For Rent

      Retail space available, featuring 2,100 square feet.
      1088 Industrial Pkwy, Saraland, AL 36571
      View Details
    • $14 SF/Yr

      Grocery Anchored Retail Center

      Retail spaces available in Saraland, anchored by Rouses Grocery.
      100 Saraland Loop, Saraland, AL 36571
      View Details
    • Contact for pricing
      1,470 SF

      Saraland Retail Space Available

      Retail spaces available, ranging from 1,401 to 1,470 SqFt.
      21 Shell St, Saraland, AL 36571
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in redeveloped shopping center near Industrial Parkway.
    Where is this shopping center located?
    The property is located at 947 Saraland Blvd S Saraland, AL.
    What are key features of this property?
    This property features: Located in the retail redevelopment of Shops on Saraland shopping center.; Join the new Rural King store (now open).; High traffic location: 19,544 vehicles pass the site daily.
    (216) 342-9318 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Alex Justice
    Alex Justice
    Real Estate License ID: SAL.2023006147
    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
    947 Saraland Blvd S , Saraland, AL
    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!