Entity Owned Property summary
AI-generated overview
The Shoppes at Theodore Dawes is an 8,000-square-foot, single-story retail center in Theodore, Alabama, within the Mobile metropolitan area. It is shadow-anchored by a Walmart Neighborhood Market and is situated in a developed commercial corridor southwest of Mobile on I-10. The center includes retail space designed for lease use, with one available unit measuring approximately 1,000 rentable square feet. The building provides facade signage opportunities and shares a parking lot with existing tenants, including a Mexican restaurant, a shipping and postage retailer, and a nail salon. The property has 40 parking spaces and includes a dedicated right-turn lane for access into the center.
Property profile
Verified
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1989
Total area
8,295 SF
Lot
1.12 ac (48,787 SF)
APN
33 09 31 4 000 033.XXX
UPID
US03-1013465
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medical Clinic
-
Grocery & Convenience Store
-
Business Management Consultant
-
Event Planning
-
(Bike/Boat/Book/etc) Store Alternative Medicine Practice
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.01M
Owner & transaction history
since 2021
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Medical building
$1.7M
+129.3%
Restaurant
$1.6M
+116.6%
Retail stores
$1.4M
+94.9%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.01M
Value range
$905k – $1.11M
±10% around blend
Estimated value / SF
$121 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
50
$905k
blend $1.01M
$1.11M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,295 SF
Lot area
1.12 ac
Year built
1989
Stories
1
APN
33 09 31 4 000 033.XXX
Assessed value
$150,760
Annual tax
$7,312
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.05M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.9 mi away · 7,526 SF
8.6 mi away · 10,476 SF
9.9 mi away · 10,193 SF
10.5 mi away · 10,495 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.01M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$88
+37%
Submarket 23 sales
$108
+12%
County 312 sales
$89
+37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $121/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+129%
vs current-use indication
Restaurant
Retail Stores
Office Building
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$950k
Move the market yield to see immediate price impact.
Value / SF
$115
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$60k
$1.20M
$855k
$665k
$67k
$1.33M
$950k
$739k
$73k
$1.46M
$1.05M
$813k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$944k
6.8 mi · Nov 2025 · $102/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,312
Tax year 2023
Assessed value
$150,760
Assessed 2023
Previous assessed
$97,280
+55.0% YoY
Effective rate
4.85%
On assessed value
Assessed land
$60,380
Assessed improvement
$90,380
Land market value
$301,900
Improvement market value
$451,900
Total market value
$753,800
Applied tax rate
10.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
8,295 SF
Lot
1.12 ac (48,787 SF)
APN
33 09 31 4 000 033.XXX
UPID
US03-1013465
Jurisdiction
MOBILE
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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