Technical
Financial
Distress signals
Property profile

300 Baker Rd Satsuma, AL 36572

FOR SALE
Assisted living facilities
Property ID
US03-3162877
19,079 SF 4.99 ac lot Built 1962
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 19,000 square foot mixed-use property in Satsuma, Alabama, presents a unique investment opportunity. Located at 300 Baker Rd, 36572, this single-story, Class B building, constructed in 1960, sits on a spacious 5-acre lot. Currently vacant, the property offers significant potential for redevelopment or repurposing. The existing structure includes a 26-bedroom complex featuring eight private rooms and eighteen double-occupancy rooms, along with numerous office and activity spaces, and a separate back building. The property's strategic location offers excellent visibility, situated near Satsuma Elementary and Middle Schools at the intersection of Baker and Hartley Roads. The property is bank-owned and constructed of concrete block. A significant amount of existing furniture, fixtures, and equipment (FFE) remains on the premises and will be included in the sale. This offering presents a rare chance to acquire a substantial property with considerable upside in a desirable location. The asking price is $349,900.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1962
Total area 19,079 SF
Lot 4.99 ac (217,452 SF)
APN 19 08 27 2 000 014.XXX
UPID US03-3162877

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
  • Nursing Home Retirement Community

Location

300 Baker Rd Satsuma, AL 36572
Satsuma metro Census 5602 MOBILE, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2024
Last sale
$175,000
5 recorded transactions
2024
$175,000
2022
$630,000
2016
Price N/A
2012
$1.5M
2007
$885,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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