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    1903 Stadium Dr Phenix City, AL 36867-3112
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    Property profile & analytics

    1903 Stadium Dr Phenix City, AL 36867-3112

    View on Map
    • Office properties & Spaces
    • 825 SF
    • 4.00 lot acres
    Off-Market
    Property ID
    US03-1894655
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stadium Self Storage LLC / Storage Facility
    • Auto Glass Fitters / Auto Repair Shop / (Bike/Boat/Book/etc) Store
    • Stadium Car Wash / Car Wash

    Property Details for 1903 Stadium Dr

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.00 lot acres
    Property size
    825 SF
    Zone code
    O
    Property type
    Office properties & Spaces
    APN
    05 02 03 03 001 001.001
    APU
    5020303001001001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Phenix City
    County
    Russell
    State
    Alabama
    Longitude
    -85.0171
    Latitude
    32.4946
    CBSA code
    17980
    CBSA name
    COLUMBUS, GA-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
    $16,560
    $36,416
    $244,254
    $280,670
    -
    $182,081
    $1,221,270
    $1,403,351

    Comparable in this City

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      1022 13th St

      OFFICE (GENERAL) • 2,094 SF
      1022 13th St, Phenix City, AL 36867-4964
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      264 SF

      1307 14th St

      OFFICE (GENERAL) • 264 SF
      1307 14th St, Phenix City, AL 36867
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      2,570 SF

      1206 15th St

      OFFICE (GENERAL) • 2,570 SF
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    • Value Estimation by Request
      2,812 SF

      1503 3rd Ave

      OFFICE (GENERAL) • 2,812 SF
      1503 3rd Ave, Phenix City, AL 36867-5112
      View Details

    Similar Nearby for Sale

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      1.14 Acres

      Phenix City Land For Sale

      1.14 acre lot in high-traffic area near college campuses.
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    • $1,200,000

      Freestanding Building with Medical Offices

      13,248 SF building with medical offices and storage.
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      Class A Medical Office Building

      Medical office building with conference and break rooms for tenants.
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      Phenix City Commercial Building For Sale

      1,217 SF building ideal for retail or office space.
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    • $165,000

      Standalone Office Building on Crawford

      1,022 SF office building with good visibility and access.
      2306 Crawford Rd, Phenix City, AL 36867
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    Similar Nearby for Lease

    • $3,650 /Mo
      5,227 SF

      Renovated Office Space Available

      Move-in ready office space with modern amenities and ample parking.
      3701 18Th Ave, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Phenix City Office Building

      Well-maintained office building with convenient access and ample parking.
      5009 River Chase Dr, Phenix City, AL 36867
      View Details
    • $1,100 /Mo
      14,810 SF

      Phenix City Office Unit Rental

      Office unit with three offices, lobby, and bathroom.
      3703 Summerville Rd, Phenix City, AL 36867
      View Details
    • Contact for pricing

      Class A Medical Office Building

      Medical office space for rent in Phenix City, Alabama.
      1810 Stadium Dr, Phenix City, AL 36867
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    • Contact for pricing

      Retail Center in Phenix City

      Well-located retail center with high visibility and easy access.
      1101 East 280 Byp, Phenix City, AL 36867
      View Details
    • $1,800 /Mo
      576 SF

      Phenix City Office Space Available

      Office unit for rent featuring multiple offices and amenities.
      3703 Summerville Rd, Phenix City, AL 36867
      View Details
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    Phenix City, AL 36867-3112
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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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