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    Property profile & analytics

    1479 Navco Rd Mobile, AL 36605

    • Commercial real estate
    • 1.34 lot acres
    For Sale
    View listing
    $100,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-3027088
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1479 Navco Rd

    Lot size
    1.34 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.34-acre commercial lot in Mobile, Alabama, presents a unique investment opportunity. Located at 1479 Navco Road, this property boasts 130 feet of road frontage and 100 feet of waterfront access on Bolton Branch, a tributary of the Dog River. Its strategic location near the Navco/McVay Dr. N. intersection offers high visibility and convenient access for potential businesses. The versatility of this B-2 zoned lot allows for a wide range of commercial uses, including but not limited to: beauty salons, barbershops, auto repair shops, convenience stores, hardware stores, gas stations, Airbnbs, restaurants, and bait shops. The possibilities are truly endless, making this an ideal site for entrepreneurs seeking a high-traffic location with unique waterfront appeal. The property's size and location provide ample space for development and expansion. This is a rare opportunity to acquire a prime commercial lot with significant waterfront access in a desirable Mobile location. Owner financing is available, making this an even more attractive proposition for qualified buyers. Serious inquiries are encouraged. All information should be independently verified by the buyer.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile - AL
    State
    Alabama
    Longitude
    -88.1032
    Latitude
    30.64306

    Comparable in this City

    • $520,000
      3,500 SF

      318 sq. ft

      and 1303 Michigan Avenue is 3
      1303 Michigan Ave, Mobile, AL 36605
      View Details
    • $125,000
      4.00 Acres

      Prime Theodore Commercial Land

      4 Acres, Mobile County, AL
      0 Middle Rd, Theodore, AL 36605
      View Details
    • $159,000
      750 SF

      Operating Car Wash on Navco

      Operating car wash with equipment and adjacent building included.
      1517 Navco Rd, Mobile, AL 36605
      View Details
    • $1,750,000
      29,366 SF

      Industrial Warehouse with Fenced Yard

      29,366 SF warehouse with office and fenced yard.
      1701 Navco Rd, Mobile, AL 36605
      View Details
    • $60,000
      0.45 Acres

      Cleared Lot with Portable Building

      Cleared 0.451-acre lot featuring a new portable building.
      6768 Gaywood Dr, Mobile, AL 36605
      View Details
    • $254,000
      3.00 Acres

      Waterfront Land on Dog River

      Three-acre waterfront property with canal frontage and boat access.
      6096 Rock Point Rd, Mobile, AL 36605
      View Details

    Similar Nearby for Sale

    • $520,000
      3,500 SF

      318 sq. ft

      and 1303 Michigan Avenue is 3
      1303 Michigan Ave, Mobile, AL 36605
      View Details
    • $125,000
      4.00 Acres

      Prime Theodore Commercial Land

      4 Acres, Mobile County, AL
      0 Middle Rd, Theodore, AL 36605
      View Details
    • $1,465,000
      27,352 SF

      Mobile Shopping Center Investment Opportunity

      High-traffic corner location, 27,352 SF, for sale/lease.
      2912 Dauphin Island Parkway, Mobile, AL 36605
      View Details
    • $549,000
      1 SF

      Vacant Church Building on Parkway

      Vacant church building on 1.4 square feet lot.
      1400 Dauphin Island Pkwy, Mobile, AL 36605
      View Details
    • $65,000

      Corner Lots in Revitalizing Area

      Two adjoining lots near major redevelopment, ideal for investment.
      1502 Duval St, Mobile, AL 36605
      View Details
    • Contact for pricing
      0.28 Acres

      Undeveloped Land in Mobile, Alabama

      Undeveloped lot ready for your vision in a convenient location.
      Caster St, Mobile, AL 36605
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      4,087 SF

      Prime Lease Opportunity! 2,400SF to 19,000SF, High Traffic, DIP (Floor 1, Suite G1)

      Prime Lease Opportunity! 2,400SF to 19,000SF, High Traffic, DIP (Floor 1, Suite G1)
      1924 Dauphin Island Pkwy, Mobile, AL 36605
      View Details
    • $9 SF/Yr
      9,071 SF

      Retail Space Near Interstate 10

      Retail property for lease near I-10 and Mobile Airport.
      2158 Dauphin Island Pkwy, Mobile, AL 36605
      View Details
    • $0.68 SF/Yr
      261,360 SF

      Mobile, AL Industrial Laydown Yard

      Six-acre fenced yard, divisible, near I-10.
      0 Boykin Blvd, Mobile, AL 36605
      View Details
    • $7 SF/Yr
      108,900 SF

      Dauphin Island Parkway Land Lease

      High-visibility commercial land, prime location.
      2222 Dauphin Island Pkwy, Mobile, AL 36605
      View Details
    • $0.68 SF/Yr

      Lay Down Yard For Lease

      6 +/- acre lay down yard with office available.
      1618 Boykin Blvd, Mobile, AL 36605
      View Details
    • $10 SF/Yr
      19,000 SF

      Dauphin Island Parkway Retail Space

      19,000 SF prime lease, high traffic, Mobile, AL
      1924 Dauphin Island Pkwy, Mobile, AL 36605
      View Details
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    1479 Navco Rd
    Mobile, AL 36605
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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.

    More about this property
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