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Property profile & analytics
FOR SALE
Warehouses
Abigail Dr Theodore, AL 36582
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-1836856
No photos on file
For Sale
Contact for pricing
Abigail Dr, Theodore, AL 36582
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2018
Total area
6,199 SF
Lot
0.87 ac (37,723 SF)
APN
33 07 40 0 003 010.104
UPID
US03-1836856
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
Michael R Gallagher · 7 yrs held
Michael R Gallagher
since 2018
5 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 Theodore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Theodore 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
$6,175
Tax year 2023
Assessed value
$94,280
Assessed 2023
Previous assessed
$94,280
+0.0% YoY
Effective rate
6.55%
On assessed value
Assessed land
$15,080
Assessed improvement
$79,200
Land market value
$75,400
Improvement market value
$396,000
Total market value
$471,400
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2018
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
3
Total area
6,199 SF
Lot
0.87 ac (37,723 SF)
APN
33 07 40 0 003 010.104
UPID
US03-1836856
Jurisdiction
MOBILE
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
2018
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.87 ac
Current owner
From public records · entity-resolved
Michael R Gallagher
Individual
Free & Clear · 7 yrs held
Mailing address
3315 OVERTON XING ST, MEMPHIS, TN 38127-6545
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2019
—
Gallagher Fam Leasing Co LLC
—
Deed
related
$1,279,747 · First Tn Bk
Nov 19, 2018
$600,000
Michael R Gallagher
Centro INC
Quit Claim Deed
related
—
Nov 19, 2018
$19,000
Gallagher Fam Leasing Co LLC
Gallagher,michael R
Quit Claim Deed
related
—
Apr 14, 2017
$100,000
Centro INC
Rangeline Business Park LLC
Warranty Deed
$489,250 · First Tennessee Bank NA
—
—
Gallagher Fam Leasing Co LLC
—
Loan Modification
related
$1,279,747 · First Tn Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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