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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Retail properties & Spaces
110 Baker Rd Satsuma, AL 36572-2450
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-1609941
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2009
Total area
6,000 SF
Lot
0.6 ac (26,005 SF)
APN
19 07 26 0 003 052.003
UPID
US03-1609941
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bridgeway Academy High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$506k
Blend (final)
Blend
$510k
Owner & transaction history
Maniecesa Nolen · 6 yrs held
Maniecesa Nolen
since 2019
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$645,000
+61.9%
Commercial (general)
$530,000
+33.7%
Industrial (general)
$430,000
+8.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Satsuma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Satsuma submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$400,000
Current use
OFFICE BUILDING
$645,000
Change: +62% · Conversion: Difficult
COMMERCIAL (GENERAL)
$530,000
Change: +34% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$430,000
Change: +8% · Conversion: Difficult
WAREHOUSE, STORAGE
$360,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$85 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,297
Tax year 2023
Assessed value
$70,440
Assessed 2023
Previous assessed
$70,440
+0.0% YoY
Effective rate
6.10%
On assessed value
Assessed land
$5,200
Assessed improvement
$65,240
Land market value
$26,000
Improvement market value
$326,200
Total market value
$352,200
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
6,000 SF
Lot
0.6 ac (26,005 SF)
APN
19 07 26 0 003 052.003
UPID
US03-1609941
Jurisdiction
MOBILE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$400,000
OFFICE BUILDING
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$530,000
INDUSTRIAL (GENERAL)
Est. value
$430,000
WAREHOUSE, STORAGE
Est. value
$360,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Maniecesa Nolen
Individual
Free & Clear · 6 yrs held
Mailing address
825 SHELTON BCH RD, SARALAND, AL 36571-3009
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2019
$300,000
Maniecesa Nolen
Brian Bakken
Grant Deed
—
Aug 8, 2008
$185,000
Bakken,brian
Herndon Ents INC
Grant Deed
—
Jul 5, 2007
—
Herndon Enterprises INC
Jim Herndon
Warranty Deed
$150,000 · Compass Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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