Technical
Financial
Distress signals
Property profile

2421 Lott Rd Eight Mile, AL 36613

OFF-MARKET
Sports & entertainment properties
Property ID
US03-0677627
21,463 SF 48 ac lot Built 1975
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 1975
Total area 21,463 SF
Lot 48 ac (2,090,880 SF)
APN 23 07 26 1 000 026.XXX
UPID US03-0677627

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Religious School
  • Daycare Center
  • Food Bank Charitable Organization

Location

2421 Lott Rd Eight Mile, AL 36613-2341
Eight Mile metro Census 6103 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$575k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $2.3M +141.1%
Commercial (general) $1.8M +86.7%
Warehouse, storage $1.4M +40.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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