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    28645 Roserun Rd Robertsdale, AL 36567
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    28645 Roserun Rd, Robertsdale, AL 36567

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    Property Details for 28645 Roserun Rd

    Property type
    Land
    Property subtype
    Commercial land

    Description

    This exceptional 13.37-acre property in Robertsdale, Alabama (zip code 36567, located on 28645 Roserun Rd), presents a significant commercial development opportunity. Priced at $5,000,000, this expansive parcel offers ample space for a variety of projects, including commercial expansion, retail centers, or corporate facilities. Its prime location ensures excellent visibility and accessibility, making it an attractive site for businesses seeking strong growth potential. The land is ready for immediate development, and the property is owner-occupied, with no investment restrictions. This presents a unique chance to acquire a substantial tract of land in a desirable location, ideal for those seeking to establish a new business or expand existing operations. The property's size and strategic location make it a compelling investment for those seeking a high-impact commercial development project. Further details regarding the exact location are available upon request.

    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
    Robertsdale
    County
    State
    Alabama

    Comparable in this City

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      B-2 Zoned Commercial Lot

      A B-2 zoned commercial/residential lot with water and sewer available, suited for flexible development in Robertsdale.
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    • $4,450,000
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      Unzoned Wooded Land with Road Frontage

      Large unzoned wooded tract with 236 ft of county road frontage near I-10 access.
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      Robertsdale Land on Kendrick Road

      Land available on Kendrick Road in Robertsdale, Alabama.
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      Robertsdale Land with Wooded Setting

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    Similar Nearby for Sale

    • $200,000
      1.03 Acres

      Development Opportunity in Robertsdale, AL

      Large parcel ideal for multi-family units or craftsman homes.
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    • $129,000
      0.61 Acres

      Corner Commercial Land Parcel

      Corner lots zoned B-2 with water and sewer available and utilities in place for flexible development planning.
      22995 E Chicago St, Robertsdale, AL 36567
      View Details
    • $129,000
      0.68 Acres

      B-2 Zoned Commercial Lot

      A B-2 zoned commercial/residential lot with water and sewer available, suited for flexible development in Robertsdale.
      Chicago St, Robertsdale, AL 36567
      View Details
    • $4,450,000
      448.79 Acres

      Unzoned Wooded Land with Road Frontage

      Large unzoned wooded tract with 236 ft of county road frontage near I-10 access.
      445 Ac, Robertsdale, AL 36567
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    • $324,999

      Land Available on Lechner Road

      Land for sale located at 22544 Lechner Road.
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      Land For Sale

      Land available for purchase.
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    Similar Nearby for Lease

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      Professional Drive Commercial Space

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      Retail/Office Space Near I-10

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      1,491 SF

      Retail/Office Space For Lease

      New construction retail/office space available for lease.
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    28645 Roserun Rd
    Robertsdale, AL 36567
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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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    28645 Roserun Rd, Robertsdale, AL, 36567
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