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    5566 4th St Satsuma, AL 36572
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    5566 4th St Satsuma, AL 36572

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    • Investment properties
    • 2,203 SF
    • 0.16 lot acres
    For Sale
    $90,000
    View Listing →
    2,160 SF Retail Building For Sale For Sale
    $90,000
    3,160 SF

    2,160 SF Retail Building For Sale

    2,160 SF Retail Building For Sale

    5566 4th St, Satsuma, AL 36572
    View Listing
    Property ID
    US03-0852811
    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

    • Investment properties

    Property Details for 5566 4th St

    Year built
    1994
    Construction
    FRAME
    Lot size
    0.16 lot acres
    Property size
    2,203 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    19 06 23 3 000 101.01X
    APU
    190623300010101X

    Description

    This mixed-use retail property, a 2,160 square foot convenience store building, is situated on a 0.05-acre lot in Satsuma, Alabama, at 5566 4th St, zip code 36572. Built in 1960, this single-story building features excellent curb appeal and visibility from Highway 43 N, offering significant potential for various retail ventures. The property includes five parking spaces for customer convenience. The asking price is $90,000. The building is sold "as is," "where is," with all measurements approximate and requiring verification by the buyer. Note that a separate residential property is available for purchase with this commercial property for a combined price of $250,000. This presents a unique opportunity for an owner-operator or investor seeking a combined residential and commercial investment. The property is ideal for a restaurant, antique store, boutique, or similar businesses. This is a one-unit building.

    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
    Satsuma
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0559
    Latitude
    30.8526
    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
    $891
    $700
    $13,900
    $14,600
    -
    $3,500
    $69,500
    $73,000

    Comparable in this City

    • Value Estimation by Request
      2,822 SF

      57 Hwy 43

      STORE/OFFICE (MIXED USE) • 2,822 SF
      57 Hwy 43, Satsuma, AL 36572
      View Details
    • Value Estimation
      $825,000
      4,018 SF

      5124 Hwy 43

      STORE/OFFICE (MIXED USE) • 4,018 SF
      5124 Hwy 43, Satsuma, AL 36572-2144
      View Details
    • Value Estimation by Request
      630 SF

      Hwy 43

      STORE/OFFICE (MIXED USE) • 630 SF
      Hwy 43, Satsuma, AL 36572
      View Details
    • Value Estimation
      $545,000
      3,925 SF

      5701 Hwy 43

      STORE/OFFICE (MIXED USE) • 3,925 SF
      5701 Hwy 43, Satsuma, AL 36572-2118
      View Details
    • Value Estimation
      $900,000
      6,900 SF

      5565 Hwy 43

      STORE/OFFICE (MIXED USE) • 6,900 SF
      5565 Hwy 43, Satsuma, AL 36572-2108
      View Details
    • Value Estimation
      $555,000
      14,170 SF

      428 Hwy 43

      STORE/OFFICE (MIXED USE) • 14,170 SF
      428 Hwy 43, Satsuma, AL 36572
      View Details

    Similar Nearby for Sale

    • $1,150,000

      Commercial Land on Highway 43

      6.78 acres of commercial land with highway frontage.
      5303 Highway 43, Satsuma, AL 36572
      View Details
    • $37,500
      0.39 Acres

      Residential Land in Wilkins Creek

      Residential land for sale in Spanish Fort, Baldwin County.
      Raegan Ln, Daphne, AL 36572
      View Details
    • New
      Contact for pricing

      Residential Lot in Satsuma, AL

      Residential lot in Stonewall Park Subdivision, Satsuma, Alabama.
      Travellers Ct, Satsuma, AL 36572
      View Details
    • Contact for pricing
      0.46 Acres

      Residential Land in Satsuma, AL

      Almost half acre lot ready for your dream home!
      12180 Roberts Rd, Satsuma, AL 36572
      View Details
    • $90,000
      3,160 SF

      Prime Satsuma Retail Space

      High-visibility retail building, excellent location. Two units available.
      5566 4th St, Satsuma, AL 36572
      View Details
    • $1,150,000

      Commercial Land on Highway 43

      6.78 acres of B2 zoned land with high visibility.
      5303 Highway 43, Satsuma, AL 36572
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      2,826 SF

      Prime Satsuma Office/Retail Space

      High-traffic location, 2,826 sq ft.
      5352 Old Hwy 43, Satsuma, AL 36572
      View Details
    • Contact for pricing

      Satsuma Retail/Office Space Available

      Retail or office space for rent in Satsuma, Alabama.
      5352 Old Highway 43, Satsuma, AL 36572
      View Details
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    Satsuma, AL 36572
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    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.

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