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Property profile & analytics
FOR SALE
Retail properties & Spaces
33019 Us Highway 98 Lillian, AL 36549
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-0460821
For Sale
1 / 10
$325,000
33019 Us Highway 98, Lillian, AL 36549
View Listing →
Property summary
AI-generated overview
This corner commercial lot is located in Lillian, Alabama, and offers a business development opportunity with over 200 feet of road frontage on Highway 98. The 2.8-acre lot is situated at the corner of Highway 98 and County Road 93, benefiting from high traffic. The property is zoned B-2, Neighborhood Business District. Its location provides access to Pensacola. According to the Baldwin County Revenue Commissioner, the lot dimensions are 199.9 x 369.7. The lot features large oak trees.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2008
Total area
3,409 SF
Lot
1.16 ac (50,530 SF)
APN
52-05-22-0-001-010.001
UPID
US03-0460821
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Donald L Rogers · 19 yrs held
Donald L Rogers
since 2007
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lillian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lillian submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,045
Tax year 2023
Assessed value
$73,020
Assessed 2023
Previous assessed
$73,020
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$11,560
Assessed improvement
$61,460
Land market value
$103,584
Improvement market value
$550,716
Total market value
$654,300
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
For Sale
Year built
2008
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Bathrooms
2
Total area
3,409 SF
Lot
1.16 ac (50,530 SF)
APN
52-05-22-0-001-010.001
UPID
US03-0460821
Jurisdiction
BALDWIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
1.16 ac
Current owner
From public records · entity-resolved
Donald L Rogers
Individual
Mailing address
34296 WHITE OSPREY DR N, LILLIAN, AL 36549-5386
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2007
$520,500
Donald L Rogers
Brandt,dale W & Song C
Warranty Deed
$520,000 · Bank Of Pensacola
—
—
Donald L Rogers
—
Deed Of Trust
related
$409,700 · Coastal Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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