Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3500 Greenbrier Dear Rd Anniston, AL 36207
    Back to Search
    Property profile & analytics

    3500 Greenbrier Dear Rd Anniston, AL 36207

    View on Map
    • Commercial real estate
    • 1.00 lot acres
    Off-Market
    Property ID
    US03-0708865
    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

    • Commercial real estate

    Property Details for 3500 Greenbrier Dear Rd

    Lot size
    1.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1-1.5 acre commercial land parcel presents a unique investment opportunity in Anniston, Alabama. Located at 3500 Greenbrier Dear Rd, zip code 36207, this fee simple property boasts a prime location with high visibility and accessibility. The land is situated behind Walgreens and directly across from a Catholic church and Burger King, ensuring consistent high traffic flow. Across the intersection, you'll find McDonald's and Winn-Dixie, further solidifying its strategic position within a thriving retail corridor. The property is zoned for commercial use, offering a wide range of development possibilities. Currently, a month-to-month rental block home is situated on the site, providing potential for immediate income generation. The asking price is $299,000. Additional land may be available. This property's strategic location and development potential make it an ideal investment for both seasoned developers and those seeking a strong foothold in the Anniston commercial market. The property is located in Calhoun County, Alabama. Interested parties should contact the listing agent for further details.

    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
    Anniston
    County
    Calhoun
    State
    Alabama
    Longitude
    -85.7844639
    Latitude
    33.6290503

    Comparable in this City

    • Contact for pricing
      0.25 Acres

      Residential Lot in Established Neighborhood

      Ready-to-build lot in Anniston's established neighborhood, convenient location.
      Eagle Pass Way, Anniston, AL 36207
      View Details
    • $399,900
      6.16 Acres

      Commercial Land Near I-20

      6.16 acre commercial land with high visibility near I-20.
      Red Morris Pkwy, Anniston, AL 36207
      View Details
    • Contact for pricing

      8 Acres Wooded Homesite Land

      8 acres of wooded land with homesite options.
      581 Old Highway 9, Anniston, AL 36207
      View Details
    • Contact for pricing
      3.28 Acres

      Residential Land in Established Neighborhood

      3.28 acres to build your dream home in Anniston.
      Windsor Cir, Anniston, AL 36207
      View Details
    • $475,000
      28.00 Acres

      28 Acres in Golden Springs

      28-acre tract with creek, convenient to shopping and dining.
      701 Choccolocco Rd, Anniston, AL 36207
      View Details
    • $79,900
      Pending

      Residential Land with Lake Views

      Gated community land with lake views in Anniston, Alabama.
      520 Highland Lakes Blvd, Anniston, AL 36207
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.28 Acres

      Residential Land in Established Neighborhood

      3.28 acres to build your dream home in Anniston.
      Windsor Cir, Anniston, AL 36207
      View Details
    • $475,000
      28.00 Acres

      28 Acres in Golden Springs

      28-acre tract with creek, convenient to shopping and dining.
      701 Choccolocco Rd, Anniston, AL 36207
      View Details
    • $100,000
      26.20 Acres

      Land Parcel in East Anniston

      26.2-acre land parcel suitable for residential development or building a home.
      Lanier Pl, Anniston, AL 36207
      View Details
    • $30,000
      0.64 Acres

      Residential Lot in Hillyer Highlands

      0.64 acre residential building lot in East Anniston.
      Hathaway Heights Rd, Anniston, AL 36207
      View Details
    • $225,000
      10.50 Acres

      Unrestricted Acreage in Oxford School

      10.5 acres in Dearmanville, ideal for development or private estate.
      Dearmanville Rd, Anniston, AL 36207
      View Details
    • $64,900
      2.35 Acres

      2.35 Acre Homesite in Anniston

      Estate lot in prestigious community with walking paths and ponds.
      92 Jamestown Way, Anniston, AL 36207
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      White Plains Restaurant

      Second Generation Restaurant - White Plains
      8922 Alabama 9, Anniston, AL 36207
      View Details
    • Contact for pricing

      Retail Space in Anniston, AL

      Retail property with established tenants and convenient access.
      2115 Us Highway 78, Anniston, AL 36207
      View Details
    • Contact for pricing

      Restaurant Space in White Plains

      Second generation restaurant space with ample parking available for rent.
      8922 Al-9, Anniston, AL 36207
      View Details
    • Contact for pricing

      Warehouse with Fenced Yard

      Warehouse with office/showroom, large yard, convenient interstate access.
      1000 Garrett Cir, Anniston, AL 36207
      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.
    3500 Greenbrier Dear Rd
    Anniston, AL 36207
    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

    Thank You for Inquiry
    3500 Greenbrier Dear Rd, Anniston, AL, 36207
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!