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    10781 Al-27 Chancellor, AL 36316
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    10781 Al-27 Chancellor, AL 36316

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    • Commercial real estate
    • 6,048 SF
    • 1.72 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 10781 Al-27

    Year built
    1992
    Lot size
    1.72 lot acres
    Property size
    6,048 SF
    Property type
    Commercial real estate

    Description

    Exceptional opportunity to acquire a thriving specialty food and sauce production and packaging business, complete with its real estate holdings. This turnkey operation is situated on 1.72 acres of land in Chancellor, Alabama, boasting 446 feet of frontage on State Highway 27. The property includes a 6,048 square foot commercial building, strategically designed for efficient production. This space encompasses a 1,155 square foot warehouse area, complete with a loading dock featuring a 10-foot roll-up door for seamless loading and unloading. In addition to the production area, the building offers 802 square feet of versatile office or living space, including bedrooms, a full bath, a living room, and a fully equipped kitchen – a unique live-work opportunity. The kitchen is equipped with commercial-grade appliances, including two range hoods, an Osten stove, a 5x7 walk-in freezer, and a 7x9 walk-in cooler, along with lab supplies. The business itself includes the established "Pukka sauce" brand, featuring ten unique gourmet sauce formulas, and all necessary production equipment, such as hot and cold kettles, piston fillers, semi-automatic cappers, a conveyor system, and an air compressor. A comprehensive product development program further enhances the business's appeal, offering services ranging from sample preparation to label design and nutritional analysis. The business benefits from an established client base and online presence, providing a solid foundation for continued growth and expansion. The property's convenient location offers easy access to major highways (AL-52, AL-167, and US Hwy-84), placing it within close proximity to Enterprise, Fort Novosel (U.S. Army Aviation Center of Excellence), and Dothan, Alabama, and less than 30 miles from the Florida state line. Financial details and pro forma are available upon request. Asking price: $1,629,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chancellor
    County
    Geneva
    State
    Alabama
    Longitude
    -85.8762
    Latitude
    31.1832

    Comparable in this City

    • Value Estimation by Request
      2,480 SF

      10729 State Hwy 27

      COMMERCIAL (GENERAL) • 2,480 SF
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    • Value Estimation by Request
      600 SF

      387 Private Rd 1611395

      COMMERCIAL (GENERAL) • 600 SF
      387 Private Rd 1611395, Chancellor, AL 36316-7074
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    • Value Estimation by Request
      1,360 SF

      State Hwy 27

      COMMERCIAL (GENERAL) • 1,360 SF
      State Hwy 27, Chancellor, AL 36316
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    • Value Estimation by Request
      1,801 SF

      10729 State Hwy 27

      COMMERCIAL (GENERAL) • 1,801 SF
      10729 State Hwy 27, Chancellor, AL 36316-5002
      View Details
    • Value Estimation
      $505,000
      4,176 SF

      388 County Rd 650th Rear Rear

      COMMERCIAL (GENERAL) • 4,176 SF
      388 County Rd 650th Rear Rear, Chancellor, AL 36316-6955
      View Details
    • Value Estimation by Request
      4,000 SF

      2052 County Rd 728

      COMMERCIAL (GENERAL) • 4,000 SF
      2052 County Rd 728, Chancellor, AL 36316
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Residential Land in Bellwood, AL

      1.8 acre corner parcel suitable for residential or agricultural use.
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    • New
      $255,000
      35.00 Acres

      Residential Land in Chancellor, AL

      35 acres of farmland and woods, great hunting potential.
      35 Acres County Rd 734, Chancellor, AL 36316
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    Chancellor, AL 36316
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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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