Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    315 Outback Rd Eufaula, AL 36027
    Back to Search
    Property profile & analytics

    315 Outback Rd Eufaula, AL 36027

    View on Map
    • Commercial real estate
    • 60.00 lot acres
    For Sale
    $689,750
    View Listing →
    Eufaula Commercial Land & Buildings For Sale
    $689,750

    Eufaula Commercial Land & Buildings

    60 Acres, Multiple Buildings, High Elevation

    315 Outback Rd, Eufaula, AL 36027
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 315 Outback Rd

    Year built
    1960
    Lot size
    60.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 60-acre commercial property in Eufaula, Alabama, presents a unique investment opportunity. Located at 315 Outback Road, the site boasts a commanding position on high ground, offering expansive views and excellent visibility. The property's history includes a former radar base dating back to the 1960s, and it currently features a well-preserved schoolhouse, several outbuildings, and multiple office buildings. The entire complex is fully secured by a substantial perimeter fence, ensuring privacy and security. A significant portion of the land is paved, providing ample space for parking, maneuvering, and potential development. Beyond the developed areas, the property also includes a substantial area of wooded land, offering additional possibilities for expansion or preservation. The asking price for this substantial commercial holding is $689,750. The property's size, existing structures, and strategic location make it ideal for a variety of commercial ventures, including redevelopment, expansion, or continued use in its current configuration. The paved areas and high elevation contribute to its significant utility and potential. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eufaula
    County
    Barbour
    State
    Alabama
    Longitude
    -85.1667
    Latitude
    31.881

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      226 Broad St

      Commercial real estate • 0.14 Acres
      226 Broad St, Eufaula, AL 36027
      View Details
    • Value Estimation by Request
      1,750 SF

      Eufaula, AL 36027

      COMMERCIAL (GENERAL) • 1,750 SF
      Eufaula, AL 36027
      View Details
    • Value Estimation by Request
      1,326 SF

      Eufaula, AL 36027

      COMMERCIAL (GENERAL) • 1,326 SF
      Eufaula, AL 36027
      View Details
    • Value Estimation by Request
      5,913 SF

      Eufaula, AL 36027

      COMMERCIAL (GENERAL) • 5,913 SF
      Eufaula, AL 36027
      View Details
    • Value Estimation by Request
      3,476 SF

      Eufaula, AL 36027

      COMMERCIAL (GENERAL) • 3,476 SF
      Eufaula, AL 36027
      View Details
    • Value Estimation by Request
      1,924 SF

      130-b Randolph Ave

      Commercial real estate • 1,924 SF
      130-b Randolph Ave, Eufaula, AL 36027
      View Details

    Similar Nearby for Sale

    • $689,750
      60.00 Acres

      Eufaula Commercial Land & Buildings

      60 Acres, Multiple Buildings, High Elevation
      315 Outback Rd, Eufaula, AL 36027
      View Details
    • $3,600,000
      400.00 Acres

      Eufaula Farm and Estate Venue

      Premier hunting destination, event venue, and family retreat in Alabama.
      910 County Road 79 S, Eufaula, AL 36027
      View Details
    • $1,798,000
      6.00 Acres

      Waterfront Commercial Land Opportunity

      6-acre waterfront commercial property with development potential in Eufaula, AL.
      1997 S Eufaula Av/ Old Dl Rd/ Paul Lee Pkwy, Eufaula, AL 36027
      View Details
    • $225,000
      0.51 Acres

      Historic Building in Eufaula, Alabama

      Historic commercial building suitable for offices, retail, or mixed-use concepts.
      514 Barbour St, Eufaula, AL 36027
      View Details
    • $141,000
      1,870 SF

      Eufaula Commercial Property For Sale

      Commercial property with store, appliances, gas pumps, and laundry mat.
      2455 Springhill Rd, Eufaula, AL 36027
      View Details
    • $824,750
      31,864 SF

      Eufaula Industrial Property For Sale

      Well-established commercial property in Eufaula's industrial zone, ideal for manufacturing.
      107 Industrial Park Dr, Eufaula, AL 36027
      View Details
    View Listing
    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.
    315 Outback Rd
    Eufaula, AL 36027
    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
    315 Outback Rd, Eufaula, AL, 36027
    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!