Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    550 Pinnacle Pl Prattville, AL 36066-6542
    Property profile & analytics

    550 Pinnacle Pl, Prattville, AL 36066-6542

    View on Map
    • Retail properties & Spaces
    • 105,581 SF
    • 2.80 lot acres
    Off-Market
    Last Sale Dec 21, 2020
    Property ID
    US03-1253673
    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
    $10,185,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 550 Pinnacle Pl

    Year built
    2008
    Lot size
    2.80 lot acres
    Property type
    Retail properties & Spaces
    APN
    26-03-07-0-001-017.003
    APU
    2603070001017003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 20, 2026 — Penney Property Sub Holdings LLC — Deed · related $350k · Whitehawk Capital Partners LP
    Dec 21, 2020 — Penney Property Sub Holdings LLC J C Penney Properties LLC Intrafamily Transfer · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,227,000
      Market price range: $3.77M - $19.6M
      AI Estimate
      $10,011,000
      Market price range: $3.99M - $17.6M

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

    Location Insight

    • Map
    • Local Demand
    City
    Prattville
    County
    Elmore
    State
    Alabama
    Longitude
    -86.3987
    Latitude
    32.4634
    CBSA code
    33860
    CBSA name
    MONTGOMERY, 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
    $38,400
    $731,810
    $5,268,190
    $6,000,000
    -
    $731,810
    $5,268,190
    $6,000,000

    Comparable in this City

    • Value Estimation
      $980,000
      6,788 SF

      2158 Cobbs Frd Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      2158 Cobbs Frd Rd, Prattville, AL 36066-7700
      View Details
    • Value Estimation
      $1,350,000
      1,920 SF

      1901 Sugar Exchange

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      1901 Sugar Exchange, Prattville, AL 36066-7903
      View Details
    • Value Estimation by Request
      19,198 SF

      686 Mcqueen Smith Rd

      Specialty properties
      686 Mcqueen Smith Rd, Prattville, AL 36066
      View Details
    • Value Estimation by Request
      2,900 SF

      2000-2024 Fairview Ave

      Office Spaces
      2000-2024 Fairview Ave, Prattville, AL 36066
      View Details
    • Value Estimation
      $775,000
      4,400 SF

      Prattville, AL 36066

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      Prattville, AL 36066
      View Details
    • Value Estimation
      $1,375,000
      13,200 SF

      Prattville, AL 36066

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      Prattville, AL 36066
      View Details

    Similar Nearby for Sale

    • $85,000
      0.75 Acres

      Prime Prattville Office Lot

      Commercial lot for sale in a convenient, thriving location.
      Covered Bridge Pkwy, Prattville, AL 36066
      View Details
    • $50,000
      2.78 Acres

      Prime Prattville Office Lot

      Commercial lot for sale in a convenient, thriving location.
      Covered Bridge Pkwy, Prattville, AL 36066
      View Details
    • Contact for pricing

      Prime Office Lot For Sale

      Office lot for sale in a convenient, thriving location.
      000 Covered Bridge Pkwy, Prattville, AL 36066
      View Details
    • Contact for pricing
      8,125 SF

      Prattville Office Building For Sale

      Office building in growing retail corridor with easy highway access.
      270 Interstate Hwy Park Loop, Prattville, AL 36066
      View Details
    • Contact for pricing
      0.65 Acres

      Residential Lot with Lake Views

      Residential lot in Prattville with lake views and mature trees.
      Covered Bridge Pkwy, Prattville, AL 36066
      View Details
    • $132,000
      1.52 Acres

      Prattville Office Lot For Sale

      Prime commercial lot in Prattville, Alabama, near Covered Bridge Parkway.
      Covered Bridge Pkwy, Prattville, AL 36066
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,577 SF

      Prattville Retail Building - I-65 Access

      High-Visibility Freestanding Restaurant
      2525 Cobbs Ford Rd, Prattville, AL 36066
      View Details
    • Contact for pricing

      Restaurant Space Near I-65

      3,577 SF restaurant space with high visibility and accessibility.
      2525 Cobbs Ford Rd, Prattville, AL 36066
      View Details
    • Contact for pricing

      Visible Office Space For Rent

      Office space with high visibility, accessibility, and ample parking.
      660 Mcqueen Smith Rd, Prattville, AL 36066
      View Details
    • Contact for pricing
      5,180 SF

      Retail Space in Prattville Power Center

      Retail space for lease in a high-traffic Prattville power center.
      2768-2776 Legends Pkwy, Prattville, AL 36066
      View Details
    • Contact for pricing

      Power Center Retail Space

      Retail space in a power center with major anchors.
      Cobbs Ford Rd, Prattville, AL 36066
      View Details
    • Contact for pricing

      Retail Space in Prattville Center

      Retail spaces available in open-air lifestyle center.
      2431 Cobbs Ford Rd, Prattville, AL 36066
      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.
    550 Pinnacle Pl
    Prattville, AL 36066-6542
    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
    550 Pinnacle Pl, Prattville, AL, 36066
    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!