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Property profile & analytics
OFF-MARKET
Estimated value
$3,035,000
Warehouses
8301 Hickory St Loxley, AL 36551-3132
Entity Owned
~
Est. High Equity
Property ID
US03-0768926
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Total area
42,423 SF
Lot
2.95 ac (128,502 SF)
APN
42-02-03-0-000-019.003
UPID
US03-0768926
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Omicron Granite Corporate Office
-
Caesarstone Mobile Showroom & Distribution Center Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.12M
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$3.04M
Owner & transaction history
Sep 83601 N Hickory LLC
Sep 83601 N Hickory LLC
since 2025
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Loxley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loxley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,465,000
6.5%
$4,120,000
7%
$3,825,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,220,000
Current use
Blend value · Realmo final
$3.04M
Range $2.73M – $3.34M · ±10% · vs last sale $3.20M (Jun 4 2025)
Last sale anchor
$3.20M
Jun 4 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$72 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,874
Tax year 2023
Assessed value
$475,820
Assessed 2023
Previous assessed
$475,820
+0.0% YoY
Effective rate
3.76%
On assessed value
Assessed land
$41,660
Assessed improvement
$434,160
Land market value
$391,761
Improvement market value
$4,082,739
Total market value
$4,474,500
Applied tax rate
9.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Bathrooms
1
Total area
42,423 SF
Lot
2.95 ac (128,502 SF)
APN
42-02-03-0-000-019.003
UPID
US03-0768926
Jurisdiction
BALDWIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.2M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
2.95 ac
Current owner
From public records · entity-resolved
Sep 83601 N Hickory LLC
Entity
Mailing address
280 DAINES ST STE #300, BIRMINGHAM, MI 48009-6246
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
$3,200,000
Sep 83601 N Hickory LLC
Loxley Warehouse LLC
Deed
$2,400,000 · Gulf Coast Bank & Trust Co
Jul 12, 2024
—
Locley Warehouse LLC
—
Deed
related
$101,412 · Community Bank Of Mississippi
Jul 31, 2019
—
Loxley Warehouse LLC
—
Deed
related
$990,000 · Community Bk/ms
Jul 17, 2019
$1,974,000
Loxley Warehouse LLC
Gcof 8301 N Hickory Street Lox
Warranty Deed
—
Sep 28, 2012
$1,600,000
8301 North Hickory Street Gcof
Cornerstone Bk
Warranty Deed
—
Mar 6, 2012
$1,574,704
Cornerstone Bk
Auctioneer Of Baldwin County
Trustees Deed
related
—
Dec 27, 2006
$475,070
Apel Dido
Gardner,william D & Gail D
Warranty Deed
$383,070 · Cornerstone Bank
—
—
Loxley Warehouse LLC
—
Deed Of Trust
related
$990,000 · Community Bk/ms
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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