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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Grocery and convenience stores
13051 Hickory St Loxley, AL 36551-3146
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-1048834
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1985
Total area
6,255 SF
Lot
1.37 ac (59,677 SF)
APN
33-08-34-0-000-023.001
UPID
US03-1048834
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
-
Exxon Gas Station
-
Circle K Grocery & Convenience Store
-
Circle K Stores And Alimentation Couche-Tard Gas Station
-
Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$940k
Owner & transaction history
Partners Hobbs · 19 yrs held
Partners Hobbs
since 2007
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+437.0%
Restaurant
$705,000
+259.2%
Commercial (general)
$705,000
+259.2%
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 Loxley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loxley 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%
$1,255,000
6.5%
$1,160,000
7%
$1,075,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,055,000
Change: +437% · Conversion: Moderate
RESTAURANT
$705,000
Change: +259% · Conversion: Difficult
COMMERCIAL (GENERAL)
$705,000
Change: +259% · Conversion: Easy
AUTO REPAIR, GARAGE
$645,000
Change: +227% · Conversion: Difficult
RETAIL STORES
$635,000
Change: +222% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$625,000
Change: +217% · Conversion: Difficult
MEDICAL BUILDING
$585,000
Change: +198% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$150 / 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
$7,518
Tax year 2023
Assessed value
$203,200
Assessed 2023
Previous assessed
$203,200
+0.0% YoY
Effective rate
3.70%
On assessed value
Assessed land
$73,640
Assessed improvement
$129,560
Land market value
$368,200
Improvement market value
$647,800
Total market value
$1,016,000
Applied tax rate
9.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
2
Bathrooms
1
Total area
6,255 SF
Lot
1.37 ac (59,677 SF)
APN
33-08-34-0-000-023.001
UPID
US03-1048834
Jurisdiction
BALDWIN
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
OFFICE BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$645,000
RETAIL STORES
Est. value
$635,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$625,000
MEDICAL BUILDING
Est. value
$585,000
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL 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
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Partners Hobbs
Entity
Free & Clear · 19 yrs held
Mailing address
7870 PITTMAN AVE, PENSACOLA, FL 32534-4495
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Feb 4, 2020
—
Puckett Oil Co INC
—
Deed
related
$3,110,000 · Servisfirst Bk
Mar 12, 2007
$550,000
Partners Hobbs
Puckett Oil Co INC
Warranty Deed
—
—
—
Puckett Oil Co INC
—
Deed Of Trust
related
$3,110,000 · Servisfirst Bk
—
—
Puckett Oil Co INC
—
Deed Of Trust
related
$55,700 · Us Small Business Admn
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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