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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13833 Tapia Ave Bayou La Batre, AL 36509-2515

    • Medical offices
    • 7,073 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimations
    $1,015,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0557880
    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

    • Gulf States Health Policy Center / Research Institute
    • Accordia Health - Mobile County - Bayou La Batre (Family Medical Care) / Medical Clinic
    • Samantha Pettaway / Foster Care Service / Social Service Agency
    • Karen Faulk / Foster Care Service / Social Service Agency
    • Earnestine Williams / Physician

    Property Details for 13833 Tapia Ave

    Year built
    2010
    Lot size
    0.59 lot acres
    Property size
    7,073 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    44 07 26 4 003 019.XXX
    APU
    4407264003019XXX

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $655,000
      Market price range: $288k - $880k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,435,000
      Current use
      RESTAURANT
      $1,355,000
      Change: -6% Conversion: Difficult
      RETAIL STORES
      $1,220,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bayou La Batre
    County
    Mobile
    State
    Alabama
    Longitude
    -88.2474
    Latitude
    30.4035
    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
    $0.00
    $3,100
    $181,400
    $184,500
    -
    $15,500
    $907,000
    $922,500

    Comparable in this City

    • Value Estimation by Request
      2,767 SF

      13040 Wintzell Ave

      MEDICAL BUILDING • 2,767 SF
      13040 Wintzell Ave, Bayou La Batre, AL 36509-2166
      View Details
    • Value Estimation by Request
      6,665 SF

      9410 Adams St

      OFFICE BUILDING • 6,665 SF
      9410 Adams St, Bayou La Batre, AL 36509
      View Details
    • Value Estimation by Request
      1,450 SF

      13105 Wintzell Ave

      OFFICE BUILDING • 1,450 SF
      13105 Wintzell Ave, Bayou La Batre, AL 36509-2103
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    • Value Estimation by Request
      676 SF

      8655 Davenport St

      OFFICE BUILDING • 676 SF
      8655 Davenport St, Bayou La Batre, AL 36509-2115
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    • Value Estimation by Request
      657 SF

      13849 Shell Belt Rd

      OFFICE BUILDING • 657 SF
      13849 Shell Belt Rd, Bayou La Batre, AL 36509-2345
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    • Value Estimation by Request
      2,310 SF

      13991 Shell Belt Rd

      OFFICE BUILDING • 2,310 SF
      13991 Shell Belt Rd, Bayou La Batre, AL 36509-2365
      View Details

    Similar Nearby for Sale

    • $195,000

      Bayou La Batre Commercial Building

      4338 SF commercial building suitable for retail or office.
      13900 S Wintzell Ave, Bayou La Batre, AL 36509
      View Details
    • $36,000
      0.24 Acres

      Corner Lot in Bayou La Batre

      Triangular corner lot with road frontage in Bayou La Batre.
      13940 Railroad St, Bayou La Batre, AL 36509
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    • $595,000
      1.89 Acres

      Bayou La Batre Waterfront Commercial Site

      Prime waterfront acreage, home, & outbuildings. Deep-water access.
      13725 Tram Ave, Bayou La Batre, AL 36509
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    • $157,900
      22.40 Acres

      22.4 Acres Wooded Land

      Undeveloped land with potential for multi-family or subdivision development.
      Bryant Dr, Bayou La Batre, AL 36509
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    • $625,000
      3,200 SF

      Waterfront Industrial Land For Sale

      3.3 acres of waterfront industrial land with deep-water access.
      8840 Shell Belt Rd, Bayou La Batre, AL 36509
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    • $225,000
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      Prime Commercial Land on Highway

      High-visibility commercial land with road frontage near state docks.
      Wintzell Ave, Bayou La Batre, AL 36509
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    Similar Nearby for Lease

    • $5 SF/Yr
      4,798 SF

      Retail and Office Units Available

      Retail and office units for lease, ranging from 800-9,798 SF.
      14060 S Wintzell Ave, Bayou La Batre, AL 36509
      View Details
    • $5 SF/Yr
      4,798 SF

      Bayou La Batre Retail/Office Space

      Prime Bayou La Batre location, 4,798 SF available.
      14060 S Wintzell Ave, Bayou La Batre, AL 36509
      View Details
    • $6,000 /Mo
      156,535 SF

      Bayou La Batre Waterfront Industrial Land

      Prime 3.3-acre waterfront industrial site with dock.
      8840 Shell Belt Rd, Bayou La Batre, AL 36509
      View Details
    • $5 SF/Yr
      2,156 SF

      Bayou La Batre Retail Space Available

      Prime 2,156 SF retail space in thriving shopping center.
      13286 Wintzell Ave, Bayou La Batre, AL 36509
      View Details
    • $5 SF/Yr
      1,250 SF

      Retail Space in Bayou La Batre

      Grocery-anchored retail property with spaces available for lease.
      13286 Wintzell Ave, Bayou La Batre, AL 36509
      View Details
    • $7 SF/Yr
      1,323 SF

      Bayou La Batre Retail Space Available

      Prime 1,323 SF retail space in thriving shopping center.
      13286 Wintzell Ave, Bayou La Batre, AL 36509
      View Details
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    13833 Tapia Ave
    Bayou La Batre, AL 36509-2515
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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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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