Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4934 Schillinger S Rd Mobile, AL 36619-5310

    • Grocery and convenience stores
    • 5,500 SF
    • 3.66 lot acres
    OFF-MARKET
    Last Sale
    Jul 05, 2023
    $500,000
    Value Estimations
    $555,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US03-0703691
    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.

    Current Use by Public Records

    • Western Union / Bank / Credit Union
    • CEFCO Convenience Store / Grocery & Convenience Store
    • CEFCO / Gas Station

    Property Details for 4934 Schillinger S Rd

    Year built
    2017
    Lot size
    3.66 lot acres
    Property size
    5,500 SF
    Property type
    Grocery and convenience stores
    APN
    34 07 25 1 000 001.XXX
    APU
    3407251000001XXX

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $615,000
      ML approach
      $605,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $925,000
      RESTAURANT
      $620,000
      RETAIL STORES
      $535,000
      OFFICE BUILDING
      $510,000
      MEDICAL BUILDING
      $450,000
      COMMERCIAL (GENERAL)
      $420,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.2259
    Latitude
    30.5878
    CBSA code
    33660
    CBSA name
    MOBILE, 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
    2023
    $15,978
    $31,920
    $287,220
    $319,140
    -
    $159,600
    $1,436,100
    $1,595,700

    Comparable in this City

    • Value Estimation by Request
      898 SF

      5590 Old Pascagoula Rd

      CONVENIENCE STORE • 898 SF
      5590 Old Pascagoula Rd, Mobile, AL 36619-3913
      View Details
    • Value Estimation
      $810,000
      3,325 SF

      5412 Hwy 90th W

      CONVENIENCE STORE • 3,325 SF
      5412 Hwy 90th W, Mobile, AL 36619
      View Details
    • Value Estimation
      $620,000
      3,915 SF

      4863 Gold Mine E Rd

      CONVENIENCE STORE • 3,915 SF
      4863 Gold Mine E Rd, Mobile, AL 36619-9062
      View Details
    • Value Estimation
      $835,000
      3,400 SF

      5225 Rangeline Rd

      CONVENIENCE STORE • 3,400 SF
      5225 Rangeline Rd, Mobile, AL 36619-9502
      View Details
    • Value Estimation by Request
      1,069 SF

      5383 Hwy 90th W

      CONVENIENCE STORE • 1,069 SF
      5383 Hwy 90th W, Mobile, AL 36619-4205
      View Details
    • Value Estimation
      $550,000
      3,040 SF

      5459 Hwy 90th W

      CONVENIENCE STORE • 3,040 SF
      5459 Hwy 90th W, Mobile, AL 36619
      View Details

    Similar Nearby for Sale

    • New
      $600,000
      0.64 Acres

      Prime Commercial Land Opportunity

      Corner lot zoned B3, ideal for retail or restaurant.
      4410 Rangeline Rd, Mobile, AL 36619
      View Details
    • Contact for pricing

      Retail Outparcels For Sale

      Retail outparcels available near major retailers and I-10.
      Mobile, AL 36619
      View Details
    • $995,000
      6,441 SF

      Tillman's Corner Restaurant - Sale/Lease

      Prime Restaurant Space: Sale or Lease, High Traffic Location
      5470 Inn Rd, Mobile, AL 36619
      View Details
    • $980,000
      7.50 Acres

      I-10 Frontage Commercial Land

      7.5-acre vacant land, prime I-10 location.
      0 Coca Cola Rd, Mobile, AL 36619
      View Details
    • $481,000
      4.91 Acres

      Three Notch Road Commercial Land

      4.91 Acres, High Visibility, Mobile, AL
      7365 Three Notch Rd, Mobile, AL 36619
      View Details
    • Contact for pricing
      0.41 Acres

      Residential Land in West Mobile

      Land for single-family residence near stores, restaurants, and schools.
      Mill House Dr S, Mobile, AL 36619
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      975 SF

      Mobile Retail/Office Space Available

      Four 975 sq ft suites, flexible lease options.
      5650 Old Pascagoula Rd, Mobile, AL 36619
      View Details
    • $9 SF/Yr
      1,600 SF

      Tillmans Corner Retail/Office Suite C1

      1600 sq ft, NNN Lease, High Visibility
      5364 us 90, Mobile, AL 36619
      View Details
    • Contact for pricing
      1,650 SF

      Retail Space with Drive-Up Window

      End-cap retail space with drive-up window, West Mobile location.
      4880 Lakeland Dr, Mobile, AL 36619
      View Details
    • $8 SF/Yr
      1,400 SF

      1,400 SF Retail Space in Mobile, AL

      High-traffic retail space in established shopping center.
      5441 US-90, Mobile, AL 36619
      View Details
    • Contact for pricing
      20,898 SF

      Retail Building on Highway 90

      20,970 SF retail building with high visibility and accessibility.
      5300 Highway 90 Service Rd, Mobile, AL 36619
      View Details
    • Contact for pricing
      2,750 SF

      Mobile Retail Endcap - 2750 SF

      High-traffic Mobile retail space, divisible.
      5344 Government Blvd, Mobile, AL 36619
      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.
    4934 Schillinger S Rd
    Mobile, AL 36619-5310
    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!