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Property profile & analytics
OFF-MARKET
Commercial land
13745 Seaman Ave Bayou La Batre, AL 36509
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US03-0453390
Property summary
AI-generated overview
This waterfront property is located in Bayou La Batre, Alabama, and features 400 feet of waterfront access. The property consists of 1.50 acres spread across three parcels and is zoned for industrial use, presenting development opportunities for commercial, residential, or industrial purposes. Water and sewer connections are available, and an old well is located on-site. Situated in Alabama's seafood capital, the property has investment potential in a coastal community. The property could potentially accommodate three new home sites or one home site with water views. The accuracy of the acreage is to be verified by the buyer.
Property profile
Verified
Property type
Commercial land
Use group
STORE/OFFICE (MIXED USE)
Year built
1968
Construction
FRAME
Total area
3,738 SF
Lot
0.64 ac (27,704 SF)
APN
44 07 26 3 002 022.01X
UPID
US03-0453390
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Michael Eugene Sullivan
Michael Eugene Sullivan
since 2025
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bayou La Batre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bayou La Batre 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$605
Tax year 2023
Assessed value
$11,300
Assessed 2023
Previous assessed
$11,300
+0.0% YoY
Effective rate
5.35%
On assessed value
Assessed land
$3,320
Assessed improvement
$7,980
Land market value
$16,600
Improvement market value
$39,900
Total market value
$56,500
Applied tax rate
15.0000
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 land
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1968
Construction
FRAME
Heating
NONE
Stories
1
Rooms
1
Bathrooms
1
Total area
3,738 SF
Lot
0.64 ac (27,704 SF)
APN
44 07 26 3 002 022.01X
UPID
US03-0453390
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
Building & site characteristics
From public records
Year built
1968
Construction
FRAME
Heating
NONE
Stories
1
Rooms
1
Bathrooms
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Michael Eugene Sullivan
Individual
Mailing address
12495 PADGETT SWITCH RD, IRVINGTON, AL 36544-4063
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2025
$225,000
Michael Eugene Sullivan
Jennifer B Stork
Deed
$185,000 · B Stork Jennifer
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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