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    Property profile & analytics

    1503 Telegraph Rd Prichard, AL 36610

    • Investment properties
    • 1,160 SF
    • 0.31 lot acres
    For Sale
    View listing
    $125,000
    Value Estimations
    Cap Rate Potential
    6.2%
    Investment properties
    Location Intelligence
    Property ID
    US03-3115634
    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

    • Northside Check Exchange / Check Cashing Service
    • Western Union / Money Transfer Service

    Property Details for 1503 Telegraph Rd

    Year built
    1943
    Lot size
    0.31 lot acres
    Property size
    1,160 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    22 08 44 0 013 017.XXX
    APU
    2208440013017XXX

    Description

    This exceptional 1,160 square foot office building, situated on a 0.31-acre lot at 1503 Telegraph Road in Prichard, Alabama, presents a compelling investment opportunity. Priced at $125,000, this property offers significant potential for a variety of uses. The building's size is ideal for a small business or professional practice seeking a convenient and well-located space. The 0.31-acre lot provides ample parking and potential for future expansion or development. Showings are available by appointment only, requiring a 24-hour notice to allow for scheduling and agent presence. Appointments can be scheduled for Mondays, Wednesdays, Thursdays, and Fridays between the hours of 9:00 a.m. and 5:00 p.m. This property is conveniently located in Prichard, offering easy access to major transportation routes and local amenities. Don't miss this chance to acquire a well-priced commercial property in a desirable location. Serious inquiries only. Contact us today to schedule your showing and explore the possibilities this property offers. The property is sold as-is.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $250,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $255,000
      6.5%
      $240,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $160,000
      Market price range: $49.1k - $161k
      AI Estimate
      $203,000
      Market price range: $50.3k - $203k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $240,000
      MEDICAL BUILDING
      $225,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Prichard
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0704
    Latitude
    30.7483
    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
    $740
    $2,920
    $9,120
    $12,040
    -
    $14,600
    $45,600
    $60,200

    Comparable in this City

    • Value Estimation
      $350,000
      2,884 SF

      946 Saint Stephens Rd

      STORE/OFFICE (MIXED USE) • 2,884 SF
      946 Saint Stephens Rd, Mobile, AL 36610-4538
      View Details
    • Value Estimation
      $260,000
      1,631 SF

      1902 Saint Stephens Rd

      STORE/OFFICE (MIXED USE) • 1,631 SF
      1902 Saint Stephens Rd, Prichard, AL 36610-3638
      View Details
    • Value Estimation
      $225,000
      1,052 SF

      505 Whistler St

      STORE/OFFICE (MIXED USE) • 1,052 SF
      505 Whistler St, Mobile, AL 36610-2243
      View Details
    • Value Estimation
      $320,000
      2,040 SF

      637 Dr Thomas Ave

      STORE/OFFICE (MIXED USE) • 2,040 SF
      637 Dr Thomas Ave, Mobile, AL 36610-4114
      View Details
    • Value Estimation
      $335,000
      2,088 SF

      608 Dr Martin L King Jr Dr

      STORE/OFFICE (MIXED USE) • 2,088 SF
      608 Dr Martin L King Jr Dr, Mobile, AL 36610-4817
      View Details
    • Value Estimation
      $270,000
      7,680 SF

      327 Wilson Ave

      STORE/OFFICE (MIXED USE) • 7,680 SF
      327 Wilson Ave, Prichard, AL 36610-3907
      View Details

    Similar Nearby for Sale

    • $225,000
      4,078 SF

      Prichard Office Space For Sale

      Office space available in Prichard, Alabama, totaling 4,078 square feet.
      403 S Wilson Ave, Prichard, AL 36610
      View Details
    • $90,000

      Prichard Commercial Opportunity on Wilson

      Commercial property previously operated as a Wing Shack in Prichard.
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    • $1,894,860

      Industrial Land Near State Docks

      8.7 AC industrial land, 8 minutes from AL State Docks.
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    • $6,150,000
      28.00 Acres

      Mobile Industrial Land - 28 Acres

      Prime Mobile County industrial land, near Port.
      0 Stimrad Rd, Mobile, AL 36610
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    • Contact for pricing
      0.54 Acres

      Commercial Land in Prichard, AL

      Commercial land available for development in Prichard, Alabama.
      Wilson Ave, Prichard, AL 36610
      View Details
    • Contact for pricing
      0.23 Acres

      Vacant Corner Lot Opportunity

      Vacant corner lot perfect for building your dream home.
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    Similar Nearby for Lease

    • $5,000 /Mo
      9,603 SF

      Mobile Laydown Yard - 3.82 Acres

      Prime industrial land, ideal for container storage. Close to AL State Docks.
      88 Telegraph Rd, Mobile, AL 36610
      View Details
    • $5 SF/Yr
      292,500 SF

      Prime 14-Acre Industrial Complex

      Massive Industrial Space - I-65 Access
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      View Details
    • $7 SF/Yr
      8,000 SF

      Mobile Industrial Space for Lease

      8,000 SF Warehouse/Flex Space in Mobile, AL
      1924 Telegraph Rd, Mobile, AL 36610
      View Details
    • $5 SF/Yr
      82,500 SF

      Prichard Industrial Space Available

      82,500 SF Warehouse, Excellent Location
      1401 St Stephens Rd, Prichard, AL 36610
      View Details
    • $11,900 /Mo
      149,846 SF

      Stimrad Road Container Yard - Mobile, AL

      Prime 3.44-acre Mobile industrial lot, ideal for container yard.
      1801 Stimrad Rd, Mobile, AL 36610
      View Details
    • $4,900 /Mo
      199,632 SF

      Prichard Industrial Yard - 4.65 Acres

      4.65-acre industrial yard; sale or lease.
      Diaz St, Prichard, AL 36610
      View Details
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    1503 Telegraph Rd
    Prichard, AL 36610
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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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