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    1560 Schillinger N Rd Semmes, AL 36575-7406

    • Investment properties
    • 3,690 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0657216
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Southeastern Electrical Contractor LLC / Electrician
    • Lions Moving & Storage / Moving And Storage Service / Service Establishment
    • U-Haul Neighborhood Dealer / Truck Rental Agency / Trailer Rental Service
    • Moses & Son Construction, LLC / Roofing Contractor / Carpenter

    Property Details for 1560 Schillinger N Rd

    Year built
    1983
    Lot size
    0.40 lot acres
    Property size
    3,690 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    28 03 06 3 000 004.01X
    APU
    280306300000401X

    Value Estimations

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Semmes
    County
    Mobile
    State
    Alabama
    Longitude
    -88.225
    Latitude
    30.723
    CBSA code
    33660
    CBSA name
    MOBILE, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,417
    $6,780
    $22,440
    $29,220
    -
    $33,900
    $112,200
    $146,100

    Comparable in this City

    • Value Estimation
      $1,715,000
      10,385 SF

      9151 Moffett Rd

      STORE/OFFICE (MIXED USE) • 10,385 SF
      9151 Moffett Rd, Semmes, AL 36575-5315
      View Details
    • Value Estimation
      $420,000
      9,036 SF

      2375 Snow N Rd

      STORE/OFFICE (MIXED USE) • 9,036 SF
      2375 Snow N Rd, Semmes, AL 36575-7119
      View Details
    • Value Estimation
      $305,000
      6,775 SF

      8901 Moffett Rd

      STORE/OFFICE (MIXED USE) • 6,775 SF
      8901 Moffett Rd, Semmes, AL 36575-5376
      View Details
    • Value Estimation
      $1,035,000
      11,598 SF

      7900 Moffett Rd

      STORE/OFFICE (MIXED USE) • 11,598 SF
      7900 Moffett Rd, Semmes, AL 36575-5408
      View Details
    • Value Estimation by Request
      2,941 SF

      8980 Moffett Rd

      STORE/OFFICE (MIXED USE) • 2,941 SF
      8980 Moffett Rd, Semmes, AL 36575-5310
      View Details
    • Value Estimation
      $555,000
      11,735 SF

      7930 Moffett Rd

      STORE/OFFICE (MIXED USE) • 11,735 SF
      7930 Moffett Rd, Semmes, AL 36575-5490
      View Details

    Similar Nearby for Sale

    • $1,750,000
      11.72 Acres

      Semmes Mixed-Use Investment Opportunity

      11.72 Acres, High-Traffic Location, Great Potential
      2001 Schillinger Rd, Semmes, AL 36575
      View Details
    • $299,900
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      Unimproved Land on Schillinger Road

      8.6 acres of unrestricted land perfect for new business.
      Schillinger Rd N, Semmes, AL 36575
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    • $894,750
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      60 Acres Semmes Development Land

      Prime Semmes land, multi-use potential.
      10661 Blackwell Nursey Rd, Semmes, AL 36575
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    • $1,995,000
      42.00 Acres

      Schillinger Road Development Land

      42 Acres, B-1 Zoning, Semmes, AL
      3035 Schillinger Rd, Semmes, AL 36575
      View Details
    • $700,000
      8.00 Acres

      Semmes, AL Commercial Land - 8 Acres

      Prime 8-acre commercial lot, expansion potential.
      3267 Schillinger Rd, Semmes, AL 36575
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    • $159,900
      0.85 Acres

      Commercial Land on Snow Road

      Affordable commercial lots on Snow Road in Semmes, Alabama.
      Snow Rd N, Semmes, AL 36575
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      1,200 SF

      Semmes Retail Space - Highway 98

      High-traffic retail space available in Semmes, AL.
      7941 Moffett Rd, Semmes, AL 36575
      View Details
    • $8 SF/Yr
      4,540 SF

      Retail Space in Semmes, Alabama

      Retail space available in a shopping center anchored by Ollie's.
      7820 Moffett Rd, Semmes, AL 36575
      View Details
    • New
      $4,500 /Mo
      21,780 SF

      Semmes Commercial Building with Bays

      Commercial building with office space, roll-up doors, and fenced lot.
      7745 Tara Dr, Semmes, AL 36575
      View Details
    • Contact for pricing

      Semmes, AL Commercial Land Parcel

      0.4-acre corner lot, high-traffic area.
      8865 Moffett Rd, Semmes, AL 36575
      View Details
    • $16 SF/Yr
      41,800 SF

      7885 Moffett Rd

      Neighborhood centers • 41,800 SF
      7885 Moffett Rd, Semmes, AL 36575
      View Details
    • $3,100 /Mo
      30,861 SF

      Moffett Road Commercial Land Lease

      High-traffic Semmes, AL land for lease.
      8870 Moffett Rd, Semmes, AL 36575
      View Details
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    1560 Schillinger N Rd
    Semmes, AL 36575-7406
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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.

    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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