Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    18 Stratford Cir Arab, AL 35016

    Property Lookup

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

    18 Stratford Cir Arab, AL 35016

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

    Current Use by Public Records

    • Land

    Property Details for 18 Stratford Cir

    Property type
    Land

    Description

    This exceptional commercial land parcel, located at 18 Stratford Circle in Arab, Alabama, presents a fantastic opportunity for investors and developers. Priced affordably at $35,000, this property boasts a desirable location within the city limits of Arab, nestled in a well-established and peaceful residential area. The lot is remarkably level, simplifying development and construction plans. Its proximity to local ball fields and the downtown area offers excellent visibility and accessibility. The property is further enhanced by a homeowner's association (HOA) that provides significant value. The HOA fee covers the upkeep of common grounds, a considerable advantage, and also includes the convenience of front yard mowing. The parcel's APN is 1404190000026018, and its address is 18 Stratford Circle, Arab, AL 35016. The geographic coordinates are latitude 34.3227548 and longitude -86.4711697. This property is zoned for commercial use and represents a rare opportunity to acquire a well-situated, level lot in a desirable location at an attractive price point. The quiet neighborhood setting offers a unique blend of tranquility and convenient access to local amenities. This makes it ideal for a variety of commercial ventures.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arab
    County
    Marshall
    State
    Alabama
    Longitude
    -86.4712
    Latitude
    34.3228

    Comparable in this City

    • Value Estimation by Request
      0.40 Acres

      1855 Co Rd

      Land • 0.40 Acres
      1855 Co Rd, Arab, AL 35016
      View Details
    • Value Estimation by Request
      0.63 Acres

      9-19 2Nd Ave

      Land • 0.63 Acres
      9-19 2Nd Ave, Arab, AL 35016
      View Details
    • Value Estimation by Request
      19.00 Acres

      19 12Th St

      Land • 19.00 Acres
      19 12Th St, Arab, AL 35016
      View Details
    • Value Estimation by Request
      1,174 SF

      507 7th NW Ave

      COMMERCIAL (GENERAL) • 1,174 SF
      507 7th NW Ave, Arab, AL 35016-1053
      View Details
    • Value Estimation by Request
      1,728 SF

      2088 Us Hwy 231

      COMMERCIAL (GENERAL) • 1,728 SF
      2088 Us Hwy 231, Arab, AL 35016-2457
      View Details
    • Value Estimation by Request
      0.54 Acres

      Brindlee Mtn Pkwy

      VACANT COMMERCIAL LAND • 0.54 Acres
      Brindlee Mtn Pkwy, Arab, AL 35016
      View Details

    Similar Nearby for Sale

    • $150,000
      10.00 Acres

      Forested Land Parcel For Sale

      10 acres of forested land near Arab, Alabama.
      10 Acres Eagle Rock Dr, Arab, AL 35016
      View Details
    • Contact for pricing

      Land Available in Arab, Alabama

      Land for sale in Arab, Alabama.
      31 10Th Ave, Arab, AL 35016
      View Details
    • Contact for pricing

      Land for Sale

      Land available for purchase.
      8 Creekside Ln, Arab, AL 35016
      View Details
    • Contact for pricing

      Brindlee Mountain Parkway Commercial Parcel

      0.743 AC parcel with high visibility and convenient access.
      1410 N Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • Contact for pricing
      0.52 Acres

      Land For Sale - Arab

      0.52 acre commercial land available in Arab, Alabama.
      8 Creekside Ln, Arab, AL 35016
      View Details
    • Contact for pricing
      0.50 Acres

      Residential Land in Arab, AL

      Half-acre lot suitable for building within Arab city limits.
      10th 10Th St SW, Arab, AL 35016
      View Details

    Similar Nearby for Lease

    • $750 /Mo
      750 SF

      Office Space For Lease

      750SF office space available for lease in Arab, Alabama.
      9582 Us Highway 231, Arab, AL 35016
      View Details
    • Contact for pricing

      Retail Strip Center For Rent

      Multi-tenant retail center with high traffic and established tenants.
      576 North Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available, approximately 2,520 square feet.
      1440 N Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • Contact for pricing

      Freestanding Building in Retail Corridor

      Freestanding building in Arab's main retail corridor, ideal for QSR.
      710 N Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $8 SF/Yr

      Retail Strip Center on Parkway

      Multi-tenant retail center with established tenants and high traffic.
      576 North Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • Contact for pricing

      576 N Brindlee Mountain Pkwy, Arab, AL 35016

      Strip malls
      576 N Brindlee Mountain Pkwy, Arab, AL 35016
      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.
    18 Stratford Cir
    Arab, AL 35016
    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

    18 Stratford Cir, Arab, AL, 35016

    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!