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    913 Sr-113 Flomaton, AL 36441

    • Land
    • 37.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 913 Sr-113

    Lot size
    37.00 lot acres
    Property type
    Land

    Description

    This exceptional 37-acre commercial development site in Flomaton, Alabama, presents a unique investment opportunity. Located on SR-113, a four-lane highway providing easy access to Interstate-65 and Northwest Florida, this property boasts over 1,500 feet of paved road frontage. Previously a racetrack, the site features a flat topography requiring minimal site preparation, making it ideal for immediate development. Easy big-rig access is available throughout the entire property. Existing improvements include a 50' x 30' metal building suitable for office space and a cabin previously used as a concession stand. Utilities are on-site, and the property is conveniently located within the city limits of Flomaton, Escambia County, Alabama (zip code 36441), approximately 12 miles from Interstate-65 (Exit 69). The property's APN is 302405223003001.000, 302405223002001.000. This site offers significant potential for commercial or industrial development, presenting a compelling opportunity for investors seeking a strategically located, ready-to-develop property. The asking price is $699,900.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Flomaton
    County
    Escambia
    State
    Alabama
    Longitude
    -87.2558
    Latitude
    31.0325

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    913 Sr-113
    Flomaton, AL 36441
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    Realmo Value Estimation

    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.

    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.

    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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