Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    30000 Town Ctr Ave Spanish Fort, AL 36527-9430

    Property Lookup

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

    30000 Town Ctr Ave Spanish Fort, AL 36527-9430

    View on Map
    • Apartment buildings
    • 20,053 SF
    • 11.00 lot acres
    Off-Market
    Last Sale Apr 3, 2024
    Property ID
    US03-0361454
    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
    $2,300,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Alabama Roofing Professionals / Roofing Company / General Contractor
    • Provident Properties LLC / Real Estate Agency
    • Kaitlyn Mosher / Advertising Agency
    • Spanish Fort Town Center Apartments / Apartment Complex / Apartment Rental Agency
    • Alabama Coastal / Gas Station

    Property Details for 30000 Town Ctr Ave

    Year built
    2009
    Lot size
    11.00 lot acres
    Property size
    20,053 SF
    Property type
    Apartment buildings
    APN
    32-09-30-4-000-007.007
    APU
    3209304000007007

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,725,000
      6.5%
      $2,515,000
      7%
      $2,335,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Spanish Fort
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.9036
    Latitude
    30.6626
    CBSA code
    19300
    CBSA name
    DAPHNE-FAIRHOPE, AL MICROPOLITAN 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
    2023
    $238,614
    $0.00
    $6,628,160
    $6,628,160
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      16,539 SF

      10558 Eastern Shr Blvd

      APARTMENT HOUSE (5+ UNITS) • 16,539 SF
      10558 Eastern Shr Blvd, Spanish Fort, AL 36527-5849
      View Details
    • Value Estimation by Request
      25,207 SF

      10407 Us Hwy 31

      APARTMENT HOUSE (5+ UNITS) • 25,207 SF
      10407 Us Hwy 31, Spanish Fort, AL 36527-7612
      View Details
    • Value Estimation
      $1,210,000
      10,345 SF

      31230 Stagecoach Rd

      APARTMENT HOUSE (5+ UNITS) • 10,345 SF
      31230 Stagecoach Rd, Spanish Fort, AL 36527-8521
      View Details
    • Value Estimation
      $535,000
      4,020 SF

      500 Spanish Ft Blvd

      APARTMENT HOUSE (5+ UNITS) • 4,020 SF
      500 Spanish Ft Blvd, Spanish Fort, AL 36527-5002
      View Details
    • Value Estimation
      $525,000
      5,444 SF

      30653 Caribbean Blvd

      APARTMENT HOUSE (5+ UNITS) • 5,444 SF
      30653 Caribbean Blvd, Spanish Fort, AL 36527-9308
      View Details
    • Value Estimation by Request
      4,599 SF

      31027 State Hwy 225

      APARTMENT HOUSE (5+ UNITS) • 4,599 SF
      31027 State Hwy 225, Spanish Fort, AL 36527-3163
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.36 Acres

      Residential Lots in Spanish Fort

      Residential lots available for custom home construction in Spanish Fort, AL.
      23 Farrington Ln, Spanish Fort, AL 36527
      View Details
    • $795,000
      1.51 Acres

      Prime Eastern Shore Commercial Lot

      1.5-Acre Commercial Lot in Spanish Fort
      10527 eastern shore boulevard, Spanish Fort, AL 36527
      View Details
    • $85,000
      1.10 Acres

      Residential Lot in Blakeley Forest

      Wooded lot in established community, ideal for custom home.
      S Tara Blvd, Spanish Fort, AL 36527
      View Details
    • $375,000
      7.90 Acres

      7.9 Acres in Spanish Fort

      Land with mature trees, driveway, and cleared homesite.
      33521 Jimmy Faulkner Dr, Spanish Fort, AL 36527
      View Details
    • Contact for pricing

      3.98 Acres in Spanish Fort

      Commercial land available in a rapidly growing area.
      9731 Us Highway 31, Spanish Fort, AL 36527
      View Details
    • Contact for pricing

      187 Acres of Raw Land

      Raw land available in Spanish Fort, Alabama.
      10758 Old Highway 31, Spanish Fort, AL 36527
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      2,223 SF

      Eastern Shore Retail Space Available

      Prime 2,223 sq ft retail space in high-traffic shopping center.
      30500 AL-181, Spanish Fort, AL 36527
      View Details
    • Contact for pricing
      14,000 SF

      Industrial Building on Highway 31

      14,000 sqft industrial building with office and warehouse space.
      11118 Us Highway 31, Spanish Fort, AL 36527
      View Details
    • $16 SF/Yr
      4,800 SF

      Spanish Fort Town Center Retail

      Retail, restaurant, and office spaces for lease.
      23000 Town Center Ave, Spanish Fort, AL 36527
      View Details
    • $24 SF/Yr
      4,000 SF

      Spanish Fort Office Space Available

      High-visibility office space for lease in Spanish Fort, AL.
      30179 Eastern Shore Ct, Spanish Fort, AL 36527
      View Details
    • $18 SF/Yr
      2,989 SF

      Spanish Fort Office Suite - Available Now

      Prime Spanish Fort office space, 2,989 sq ft.
      7884 Spanish Fort Blvd, Spanish Fort, AL 36527
      View Details
    • Contact for pricing
      15,350 SF

      Spanish Fort Town Center Retail

      Retail, restaurant, and office spaces available for lease.
      22500 Town Center Ave, Spanish Fort, AL 36527
      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.
    30000 Town Ctr Ave
    Spanish Fort, AL 36527-9430
    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!