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Property profile & analytics
OFF-MARKET
Estimated value
$7,920,000
Warehouses
27888 Canal Rd Orange Beach, AL 36561
Entity Owned
6-yr Hold
Free & Clear
Property ID
US03-0753183
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
54,000 SF
Lot
2.41 ac (104,980 SF)
APN
65-02-12-0-000-114
UPID
US03-0753183
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
$10.56M
CAP Approach
CAP
$5.25M
Comparable Approach
Comparable
$8.24M
Blend (final)
Blend
$7.92M
Owner & transaction history
Shm Sportsman LLC · 6 yrs held
Shm Sportsman LLC
since 2020
Last sale
$8.0M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.6M
+96.6%
Office building
$9.8M
+82.5%
Retail stores
$9.1M
+68.6%
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 Orange Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange Beach 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
$10,680,000
ML approach
$10,560,000
CAP Approach
CAP Return
Estimation
6%
$5,680,000
6.5%
$5,245,000
7%
$4,870,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,370,000
Current use
MEDICAL BUILDING
$10,555,000
Change: +97% · Conversion: Difficult
OFFICE BUILDING
$9,805,000
Change: +83% · Conversion: Difficult
RETAIL STORES
$9,055,000
Change: +69% · Conversion: Moderate
COMMERCIAL (GENERAL)
$8,885,000
Change: +65% · Conversion: Difficult
Blend value · Realmo final
$7.92M
Range $7.13M – $8.71M · ±10% · vs last sale $7.99M (May 22 2020)
Last sale anchor
$7.99M
May 22 2020
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
$147 / 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
$36,269
Tax year 2023
Assessed value
$1,133,400
Assessed 2023
Previous assessed
$1,133,400
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$287,560
Assessed improvement
$845,840
Land market value
$1,437,800
Improvement market value
$4,229,200
Total market value
$5,667,000
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
NONE
Stories
1
Total area
54,000 SF
Lot
2.41 ac (104,980 SF)
APN
65-02-12-0-000-114
UPID
US03-0753183
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$10.6M
OFFICE BUILDING
Est. value
$9.8M
RETAIL STORES
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$8.9M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.41 ac
Current owner
From public records · entity-resolved
Shm Sportsman LLC
Entity
Free & Clear · 6 yrs held
Mailing address
14785 PRESTON RD STE #975, DALLAS, TX 75254-6878
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2020
$7,985,000
Shm Sportsman LLC
Dd & T LLC
Warranty Deed
—
—
—
Dd & T LLC
—
Deed Of Trust
related
$3,500,000 · Amsouth Bank
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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