Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    300 Bayview Dr Adamsville, AL 35005-2659

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    300 Bayview Dr Adamsville, AL 35005-2659

    View on Map
    • Retail properties & Spaces
    • 6,899 SF
    • 0.37 lot acres
    Off-Market
    Property ID
    US03-1188876
    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

    • Driver Refrigeration Inc / Hardware & Home Improvement / HVAC Service

    Property Details for 300 Bayview Dr

    Year built
    1920
    Lot size
    0.37 lot acres
    Property size
    6,899 SF
    Zone code
    C1
    Property type
    Retail properties & Spaces
    APN
    21-00-17-1-005-002.001
    APU
    2100171005002001

    Description

    This 0.37-acre industrial property located at 300 Bayview Drive, Adamsville, Alabama, is offered at $179,000. The building itself features ample space, ideal for a variety of industrial uses. The property includes two separate office spaces, perfect for administrative functions or separate departments. A convenient kitchen is also included, providing a space for employee breaks or light food preparation. The building offers two bathrooms for employee convenience

    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
    Adamsville
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.9725
    Latitude
    33.5609
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,519
    $1,860
    $34,240
    $36,100
    -
    $9,300
    $171,200
    $180,500

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      817 Shady Grv Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,000 SF
      817 Shady Grv Rd, Adamsville, AL 35005-2728
      View Details
    • Value Estimation by Request
      10,640 SF

      5370 Hazelwood Rd

      Lifestyle centers • 10,640 SF
      5370 Hazelwood Rd, Adamsville, AL 35005
      View Details
    • Value Estimation by Request
      4,800 SF

      4919 Railroad Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,800 SF
      4919 Railroad Ave, Adamsville, AL 35005-1923
      View Details
    • Value Estimation by Request
      5,989 SF

      5401 Bankhead Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,989 SF
      5401 Bankhead Hwy, Adamsville, AL 35005-1120
      View Details
    • Value Estimation by Request
      4,000 SF

      5516 Sanders Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,000 SF
      5516 Sanders Ave, Adamsville, AL 35005
      View Details
    • Value Estimation
      $555,000
      4,463 SF

      4304 Johnson St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,463 SF
      4304 Johnson St, Adamsville, AL 35005-1389
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,640 SF

      New DG Market Store

      New free-standing DG Market store in Adamsville, AL for sale.
      5370 Hazelwood Rd, Adamsville, AL 35005
      View Details
    • Contact for pricing

      Adamsville Shopping Center For Sale

      Highly visible shopping center anchored by Farmers Furniture on U.S. Hwy 78.
      3980 Veteran Memorial Pkwy, Adamsville, AL 35005
      View Details
    • Contact for pricing
      0.95 Acres

      Land in Adamsville, Alabama

      0.95 acre lot suitable for business or residential use.
      3608 Poplar Ln, Adamsville, AL 35005
      View Details
    • $53,000

      Land For Sale Adamsville

      Land available in Adamsville, Alabama.
      943 Garrett Cir, Adamsville, AL 35005
      View Details
    • $69,900
      11.00 Acres

      Residential Land in Adamsville, AL

      11 acre residential parcel in Adamsville, Alabama.
      1322 Shady Grove Rd, Adamsville, AL 35005
      View Details
    • Contact for pricing

      Land with Highway Frontage

      Level lot with highway access on Highway 78 West.
      71 Swindle Dr, Adamsville, AL 35005
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Shopping Center in Adamsville, Alabama

      Shopping center with high visibility and easy highway access.
      3980 Veteran Memorial Pkwy, Adamsville, AL 35005
      View Details
    • $8 SF/Yr

      Main Street Retail Opportunity

      Retail and office suites available in established shopping center.
      3321-3392 Main St, Adamsville, AL 35005
      View Details
    • $8 SF/Yr

      Adamsville Retail and Office Space

      Suites available from 1,440 to 4,000 SF on Main Street.
      3321-3392 Main St, Adamsville, AL 35005
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Bayview Dr
    Adamsville, AL 35005-2659
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!