Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    43 Salco Rd & Hwy Axis, AL 36505

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    43 Salco Rd & Hwy Axis, AL 36505

    View on Map
    • Land
    • 5.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 43 Salco Rd & Hwy

    Lot size
    5.00 lot acres
    Property type
    Land
    Property subtype
    Self storage facilities

    Description

    This exceptional property offers up to approximately 227 acres of prime industrial land situated at the northwest corner of Salco Road (CR 84) and US Highway 43 in Axis, Alabama. The site boasts significant frontage along both roadways: approximately 2,750 linear feet on Highway 43 and 3,175 linear feet on Salco Road. This rare cross-street hard corner location is strategically positioned within the thriving Thyssenkrupp corridor, a prime area for industrial, chemical, and manufacturing facilities. The property's proximity to major infrastructure is a key advantage, including being only 22 miles from the Port of Mobile and benefiting from direct rail service to the port. Utilities are readily available, with sewer, water, gas, and power already in place, and the site is AT&T Fiber ready. The property is flat, dry, and divisible, making it suitable for a variety of uses. A significant development is planned, with an $8 million CEFCO store slated to open in 2024. This location offers excellent visibility and accessibility, making it an ideal site for large-scale industrial development or a retail/convenience store on the hard corner. The property is unzoned, offering flexibility for various development plans. The site is one of only two cross streets to Celeste Road, further enhancing its strategic location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Axis
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0423
    Latitude
    30.9685

    Comparable in this City

    • Value Estimation
      $770,000
      19,250 SF

      Axis, AL 36505

      MANUFACTURING (LIGHT) • 19,250 SF
      Axis, AL 36505
      View Details
    • Value Estimation
      $740,000
      16,173 SF

      124 Salco E Rd

      MANUFACTURING (LIGHT) • 16,173 SF
      124 Salco E Rd, Axis, AL 36505-4465
      View Details
    • Value Estimation
      $29,910,000
      426,573 SF

      12400 Hwy 43rd N

      HEAVY MANUFACTURING • 426,573 SF
      12400 Hwy 43rd N, Axis, AL 36505-4308
      View Details
    • Value Estimation
      $905,000
      57,237 SF

      Axis, AL 36505

      MANUFACTURING (LIGHT) • 57,237 SF
      Axis, AL 36505
      View Details
    • Value Estimation by Request
      3,938 SF

      Axis, AL 36505

      MANUFACTURING (LIGHT) • 3,938 SF
      Axis, AL 36505
      View Details
    • Value Estimation
      $3,830,000
      305,940 SF

      12950 Hwy 43rd N

      MANUFACTURING (LIGHT) • 305,940 SF
      12950 Hwy 43rd N, Axis, AL 36505-4324
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Divisible Land with Highway Frontage

      170-acre divisible land with utilities and highway frontage.
      Salco Rd & Hwy 43, Axis, AL 36505
      View Details
    • $280,000
      40.00 Acres

      40 Acres of Vacant Land

      Vacant land suitable for building, livestock, and timber.
      Salco Rd, Axis, AL 36505
      View Details
    • Contact for pricing

      1.1377 Acre Lot For Lease

      1.1377 acre lot available for lease in Axis, AL.
      2250 Sam Royal Rd, Axis, AL 36505
      View Details
    • Contact for pricing
      0.51 Acres

      Residential Land in Axis, AL

      0.51-acre lot for building a dream home.
      Timber Creek Ct, Axis, AL 36505
      View Details
    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.
    43 Salco Rd & Hwy
    Axis, AL 36505
    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!