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    2813 Moody Pkwy Moody, AL 35004
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    2813 Moody Pkwy, Moody, AL 35004

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    • Commercial land
    For Sale
    $239,900
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    Commercial Land in Moody Parkway For Sale
    $239,900
    0.50 Acres

    Commercial Land in Moody Parkway

    Commercial property on Moody Parkway, ideal for various businesses.

    2813 MOODY PARKWAY, Moody, AL 35004
    View Listing
    Property ID
    US03-0200642
    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

    • Commercial land

    Property Details for 2813 Moody Pkwy

    Year built
    1955
    Property type
    Commercial land
    Property subtype
    Retail properties & Spaces

    Description

    New Price Adjustment - Commercial property along Moody Parkway would be a Great Location for most any business . The building structure on property is in need of repair and was at one time used as a residence before property was rezoned for commercial use. Currently zoned B-3 Tourist Commercial Dist ... rict . Building is in need of repair and is on septic tank. Sewer is available. Property would be perfect for general retail business, office, daycare, food service, franchise, professional service, bakery/confectioner, fast food, etc. The value is in the land. Priced to sell.

    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
    Moody
    County
    St. Clair
    State
    Alabama
    Longitude
    -86.4979836
    Latitude
    33.5901214

    Comparable in this City

    • Contact for pricing
      1,800 SF

      Commercial Land on Moody Parkway

      Commercial property on Moody Parkway, great location for any business.
      2813 Moody Pkwy, Moody, AL 35004
      View Details
    • Contact for pricing

      Prime Retail Development Land

      Corner lot with highway frontage, ideal for retail development.
      Hwy 411, Moody, AL 35004
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    • Contact for pricing
      3,827 SF

      Commercial Land Near Interstate I-20

      One-acre commercial land parcel near I-20 with redevelopment potential.
      2239 Moody Pkwy, Moody, AL 35004
      View Details
    • $850,000
      Pending

      Prime Commercial Property in Moody

      High-visibility commercial site with frontage on Hwy 411/Moody Parkway.
      2441 Moody Pkwy, Moody, AL 35004
      View Details
    • $239,900
      0.50 Acres

      Commercial Land in Moody Parkway

      Commercial property on Moody Parkway, ideal for various businesses.
      2813 Moody Pkwy, Moody, AL 35004
      View Details
    • Contact for pricing
      830 SF

      Commercial Lot in Moody

      Commercial lot zoned B-3, great location for business.
      213 Park Ave, Moody, AL 35004
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,800 SF

      Commercial Land on Moody Parkway

      Commercial property on Moody Parkway, great location for any business.
      2813 Moody Pkwy, Moody, AL 35004
      View Details
    • Contact for pricing

      Prime Retail Development Land

      Corner lot with highway frontage, ideal for retail development.
      Hwy 411, Moody, AL 35004
      View Details
    • Contact for pricing
      3,827 SF

      Commercial Land Near Interstate I-20

      One-acre commercial land parcel near I-20 with redevelopment potential.
      2239 Moody Pkwy, Moody, AL 35004
      View Details
    • $850,000
      Pending

      Prime Commercial Property in Moody

      High-visibility commercial site with frontage on Hwy 411/Moody Parkway.
      2441 Moody Pkwy, Moody, AL 35004
      View Details
    • $239,900
      0.50 Acres

      Commercial Land in Moody Parkway

      Commercial property on Moody Parkway, ideal for various businesses.
      2813 Moody Pkwy, Moody, AL 35004
      View Details
    • Contact for pricing
      830 SF

      Commercial Lot in Moody

      Commercial lot zoned B-3, great location for business.
      213 Park Ave, Moody, AL 35004
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Crossroads Plaza

      Neighborhood retail center with excellent visibility and access.
      1009 Crossroads Plaza Dr, Moody, AL 35004
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      Retail Space in Crossroads Plaza

      Neighborhood center with excellent visibility, access, and parking.
      1009 Crossroads Plaza Dr, Moody, AL 35004
      View Details
    • Contact for pricing

      Kelly Creek Commerce Park Land

      Master-planned industrial land for lease in a tax-favorable location.
      Kelly Crk Rd & Kelly Crk Pkwy, Moody, AL 35004
      View Details
    • Contact for pricing
      500,000 SF

      New Industrial Development Available

      New industrial development with multiple buildings for lease.
      Kelly Crk Rd & Kelly Crk Pkwy, Moody, AL 35004
      View Details
    • Contact for pricing
      141,514 SF

      Warehouse Space with I-20 Access

      Warehouse suites with immediate I-20 access and modern features.
      2415 Us Highway 78 East, Moody, AL 35004
      View Details
    • $4 SF/Yr

      Distribution Warehouse with I-20 Access

      283,540 SF distribution warehouse with immediate I-20 access.
      2415 Us Highway 78 East, Moody, AL 35004
      View Details
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    Moody, AL 35004
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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.

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