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Property profile

5600 Half Mile Rd Theodore, AL 36582

OFF-MARKET
Retail properties & Spaces
Property ID
US03-2023644
7,330 SF 14.58 ac lot Built 2016
Entity Owned 10-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 2016
Total area 7,330 SF
Lot 14.58 ac (635,105 SF)
APN 38 05 22 0 000 011.010
UPID US03-2023644

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$612k
Blend (final) Blend
$310k

Owner & transaction history

since 2015
4 recorded transactions
2016
Price N/A
2015
$162,500
2007
$345,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $785,000 +49.5%
Commercial (general) $650,000 +23.2%
Industrial (general) $525,000 +0.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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