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    100 Hwy 59 Summerdale, AL 36580

    • Retail properties
    For Sale
    View listing
    $3,400,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 100 Hwy 59

    Property type
    Retail properties

    Description

    Opportunity to own 3 buildings on 4.5 acres fronting Hwy 59 in Summerdale. The property consists of a 30,000 SF retail building, a 6,900 SF middle warehouse building, and a 15,000 SF back warehouse building. Behind the back warehouse there is +/- 1.2 acres of buildable property to expand. Please do not disturb tenants. All showings must be scheduled through the listing agents.

    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
    Summerdale
    County
    State
    Alabama
    Longitude
    -87.707232
    Latitude
    30.487775

    Comparable in this City

    • Value Estimation by Request
      18,000 SF

      102 Al-59

      Distribution properties • 18,000 SF
      102 Al-59, Summerdale, AL 36580
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    • Value Estimation
      $320,000
      576 SF

      Hamm W Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 576 SF
      Hamm W Ave, Summerdale, AL 36580
      View Details
    • Value Estimation
      $300,000
      6,299 SF

      18276 Couch Plant Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,299 SF
      18276 Couch Plant Rd, Summerdale, AL 36580-3056
      View Details
    • Value Estimation
      $305,000
      6,076 SF

      13355 County Rd 32

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,076 SF
      13355 County Rd 32, Summerdale, AL 36580-3916
      View Details
    • Value Estimation
      $365,000
      11,297 SF

      Sanborn E Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 11,297 SF
      Sanborn E Ave, Summerdale, AL 36580
      View Details
    • Value Estimation
      $325,000
      10,102 SF

      19425 State Hwy 59

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 10,102 SF
      19425 State Hwy 59, Summerdale, AL 36580-3074
      View Details

    Similar Nearby for Sale

    • $600,000
      1,645 SF

      Summerdale Commercial Building For Sale

      Prime location, 1645 SF, two-story building.
      317 al 59, Summerdale, AL 36580
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    • $185,000
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      Summerdale Commercial Property Investment

      Prime 0.6-acre lot, 1,050 SF building.
      13486 County Road 32, Summerdale, AL 36580
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    • $2,800,000
      19,227 SF

      Hwy 59 Retail Land, Alabama

      43 Acres, High-Traffic Location, Development Potential
      20438 State Highway 59, Summerdale, AL 36580
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    • $650,000
      19.14 Acres

      Versatile Land with Warehouse Apartment

      Expansive 19-acre property with warehouse and apartment in Summerdale, Alabama.
      19101 E Greenwood Rd, Summerdale, AL 36580
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    • $1,550,000
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      10 Acres Hwy 59 Commercial Land

      Summerdale, AL: Prime commercial acreage.
      225 Al-59, Summerdale, AL 36580
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    • $1,549,000
      81.65 Acres

      81 Acres of Farmland

      81-acre agricultural land in Summerdale, Alabama, outside city limits.
      14475 Underwood Rd, Summerdale, AL 36580
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    Similar Nearby for Lease

    • $12 SF/Yr
      18,000 SF

      Summerdale Warehouse - Hwy 59 Frontage

      18,000 SF Warehouse/Retail Space in Alabama
      102 Al-59, Summerdale, AL 36580
      View Details
    • $15 SF/Yr
      17,500 SF

      Summerdale Retail/Office Warehouse

      Highway 59 space, flexible lease options.
      102 State Highway 59 S, Summerdale, AL 36580
      View Details
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    100 Hwy 59
    Summerdale, AL 36580
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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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