Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    500 Jackson St Daphne, AL 36526-7067

    Property Lookup

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

    500 Jackson St Daphne, AL 36526-7067

    View on Map
    • Apartment buildings
    • 7,759 SF
    • 2.80 lot acres
    Off-Market
    Property ID
    US03-1027445
    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
    $940,000
    Show details
    Cap Rate Potential
    9.6%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Lake Forest Apartments / Apartment Complex
    • Unique Auto Detailing / Auto Repair Shop

    Property Details for 500 Jackson St

    Year built
    1979
    Lot size
    2.80 lot acres
    Property size
    7,759 SF
    Property type
    Apartment buildings
    APN
    43-03-06-0-003-017.001
    APU
    4303060003017001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $655,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,055,000
      6.5%
      $975,000
      7%
      $905,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,188,000
      Market price range: $492k - $1.19M

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

    Location Insight

    • Map
    • Local Demand
    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.9092
    Latitude
    30.6418
    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
    $42,424
    $0.00
    $922,260
    $922,260
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,305,000
      20,914 SF

      8160 County Rd 64

      APARTMENT HOUSE (5+ UNITS) • 20,914 SF
      8160 County Rd 64, Daphne, AL 36526-6187
      View Details
    • Value Estimation
      $1,140,000
      8,548 SF

      2200 Bay Dr

      APARTMENT HOUSE (5+ UNITS) • 8,548 SF
      2200 Bay Dr, Daphne, AL 36526-7164
      View Details
    • Value Estimation
      $960,000
      9,430 SF

      29150 Lk Frst Blvd

      APARTMENT HOUSE (5+ UNITS) • 9,430 SF
      29150 Lk Frst Blvd, Daphne, AL 36526-7463
      View Details
    • Value Estimation
      $2,140,000
      18,548 SF

      912 Van Ave

      APARTMENT HOUSE (5+ UNITS) • 18,548 SF
      912 Van Ave, Daphne, AL 36526-8620
      View Details
    • Value Estimation
      $970,000
      2,744 SF

      8254 County Rd 64

      APARTMENT HOUSE (5+ UNITS) • 2,744 SF
      8254 County Rd 64, Daphne, AL 36526-8716
      View Details
    • Value Estimation by Request
      20,473 SF

      912 Van Ave

      APARTMENT HOUSE (5+ UNITS) • 20,473 SF
      912 Van Ave, Daphne, AL 36526-8620
      View Details

    Similar Nearby for Sale

    • New
      $649,999
      3,960 SF

      Seacliff Area Multifamily Investment

      Four-unit multifamily property with income potential in Daphne, Alabama.
      28520 2Nd St, Daphne, AL 36526
      View Details
    • $699,000
      3,283 SF

      Loma Alta Custom Double Unit

      Premium location, exquisite views, and luxurious amenities in Daphne, AL.
      100 Tower Dr, Daphne, AL 36526
      View Details
    • $99,999

      Residential Lots in Daphne, AL

      Residential lots with pond view in Daphne, Alabama.
      Jade Ct, Daphne, AL 36526
      View Details
    • $159,900
      2.43 Acres

      Land For Sale in Daphne

      2.43 acre land centrally located near shopping and the beach.
      1 County Road 54, Daphne, AL 36526
      View Details
    • $4,500,000
      27,317 SF

      Daphne, AL Specialty Building

      Exceptional 27,317 SF property, ideal for diverse uses.
      9585 Milton Jones Rd, Daphne, AL 36526
      View Details
    • $75,000
      22,950.00 Acres

      Daphne Land: Prime Commercial Site

      Versatile 22,950 SF vacant land, ideal location.
      0 grant street, Daphne, AL 36526
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      1,636 SF

      Daphne Retail Space - High Traffic Location

      Prime Daphne retail space, 1636 sq ft, NNN lease.
      1539 US-98, Daphne, AL 36526
      View Details
    • $10 SF/Yr
      13,420 SF

      Daphne, AL Industrial Space For Sale/Lease

      Spacious industrial property; ideal for diverse uses.
      25883 Friendship Road, Daphne, AL 36526
      View Details
    • $12,500 /Mo
      209,088 SF

      Daphne Industrial Land Lease Opportunity

      4.8 acres, B-1 zoning, build-to-suit option.
      County Rd 13 & Lawson Rd, Daphne, AL 36526
      View Details
    • Contact for pricing

      Commercial Land For Lease

      Land available for lease near Daphne High School.
      Swc County Rd 13 & Lawson Rd, Daphne, AL 36526
      View Details
    • Contact for pricing

      Retail Space in New Building

      Retail space available in Daphne, Alabama, co-tenant with Ace Hardware.
      10058 Belgrove Ave, Daphne, AL 36526
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, 1,785 SqFt.
      27880 N Main St, Daphne, AL 36526
      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.
    500 Jackson St
    Daphne, AL 36526-7067
    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!