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Property profile & analytics
OFF-MARKET
Estimated value
$5,150,000
Commercial real estate
11925 Interchange Dr Grand Bay, AL 36541-4261
Individually Owned
8-yr Hold
Free & Clear
Property ID
US03-0356664
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2018
Total area
33,749 SF
Lot
6.3 ac (274,515 SF)
APN
36 07 25 0 000 003.XXX
UPID
US03-0356664
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
-
S&H Truck Parts & Equipment Auto Repair Shop
-
S&H Towing & Recovery Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.91M
Comparable Approach
Comparable
$4.89M
Blend (final)
Blend
$5.15M
Owner & transaction history
Johnny R Bowen · 8 yrs held
Johnny R Bowen
since 2017
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.8M
+128.8%
Restaurant
$6.5M
+116.2%
Retail stores
$5.8M
+94.5%
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 Grand Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Bay 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%
$7,485,000
6.5%
$6,910,000
7%
$6,415,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,845,000
Change: +129% · Conversion: Easy
RESTAURANT
$6,465,000
Change: +116% · Conversion: Difficult
RETAIL STORES
$5,820,000
Change: +95% · Conversion: Easy
OFFICE BUILDING
$3,620,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$5.15M
Range $4.64M – $5.67M · ±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
$153 / 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
$33,633
Tax year 2023
Assessed value
$691,400
Assessed 2023
Previous assessed
$691,400
+0.0% YoY
Effective rate
4.86%
On assessed value
Assessed land
$127,040
Assessed improvement
$564,360
Land market value
$635,200
Improvement market value
$2,821,800
Total market value
$3,457,000
Applied tax rate
10.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Cooling
AC.OFFICE ONLY
Stories
1
Bathrooms
2
Total area
33,749 SF
Lot
6.3 ac (274,515 SF)
APN
36 07 25 0 000 003.XXX
UPID
US03-0356664
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
MEDICAL BUILDING
Est. value
$6.8M
RESTAURANT
Est. value
$6.5M
RETAIL STORES
Est. value
$5.8M
OFFICE BUILDING
Est. value
$3.6M
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
OFFICE BUILDING
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
2018
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
6.3 ac
Current owner
From public records · entity-resolved
Johnny R Bowen
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 489, MADISONVILLE, LA 70447-0489
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2017
$240,000
Johnny R Bowen
Grand Bay Interstate Venture L
Correction Deed
related
—
Oct 31, 2017
$5,000
Norman J Godbold JR.
Grand Bay Interstate Venture L
Warranty Deed
related
—
Oct 9, 2017
—
Johnny R Bowen
—
Trustees Deed
related
$1,000,000 · Servisfirst Bk
Apr 18, 2017
$240,000
Johnny R Bowen
Grand Bay Interstate Venture
Warranty Deed
—
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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