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Property profile & analytics
OFF-MARKET
Estimated value
$2,490,000
Retail properties & Spaces
27618 Us Hwy 98 Elberta, AL 36530-2802
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US03-0599038
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2019
Construction
WOOD
Total area
3,072 SF
Lot
179 ac (7,797,240 SF)
APN
53-08-27-0-000-004
UPID
US03-0599038
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
$2.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Bailey Agriculture & Develvelopemnt · 1 yrs held
Bailey Agriculture & Develvelopemnt
since 2025
Last sale
$2.7M
7 recorded transactions
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 Elberta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elberta 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
Method
Estimation
Statistic approach
$2,420,000
ML approach
$2,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.49M
Range $2.24M – $2.74M · ±10% · vs last sale $2.68M (Apr 17 2025)
Last sale anchor
$2.68M
Apr 17 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$811 / SF
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
$1,858
Tax year 2023
Assessed value
$62,860
Assessed 2023
Previous assessed
$62,860
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$12,660
Assessed improvement
$50,200
Land market value
$311,445
Improvement market value
$1,234,955
Total market value
$1,546,400
Applied tax rate
2.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Rooms
5
Total area
3,072 SF
Lot
179 ac (7,797,240 SF)
APN
53-08-27-0-000-004
UPID
US03-0599038
Jurisdiction
BALDWIN
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
2019
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Rooms
5
Lot
179 ac
Current owner
From public records · entity-resolved
Bailey Agriculture & Develvelopemnt
Individual
Mailing address
27618 US HWY 98, ELBERTA, AL 36530-2802
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
$350,000
Bailey Agriculture & Develvelopemnt
Rc Holdings Of Alabama LLC
Quitclaim Deed
related
—
Apr 17, 2025
$520,000
Bailey Agriculture & Developemnt Ll
Daniel W Bailey
Quitclaim Deed
related
—
Apr 17, 2025
$2,680,000
Rc Holdings Of Alabama LLC
Bailey Agriculture And Developemnt
Warranty Deed
—
Feb 21, 2019
—
Bailey Agriculture & Dev LLC
—
Deed
related
$170,000 · United Bk
Jun 6, 2014
—
Bailey Agriculture & Dev LLC
Bailey,winston C
Quit Claim Deed
—
—
—
Bailey Agriculture & Dev LLC
—
Deed Of Trust
related
$170,000 · United Bk
—
—
Bailey Agriculture & Dev LLC
—
Deed Of Trust
related
$70,000 · United Bk
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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