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    Property profile & analytics

    8468 Hwy 45 Eight Mile, AL 36613-8744

    • Grocery and convenience stores
    • 5,432 SF
    • 5.64 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US03-0700444
    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.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 8468 Hwy 45

    Year built
    1987
    Lot size
    5.64 lot acres
    Property size
    5,432 SF
    Property type
    Grocery and convenience stores
    APN
    18 04 17 0 000 011.01X
    APU
    180417000001101X

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $240,000
      7%
      $275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $270,000
      Mixed-Use
      $240,000
      Hospitality
      $295,000
      Educational
      $230,000
      Residential Income
      $245,000
      Energy
      $275,000
      Income-Based Land
      $270,000
      Food Service
      $245,000

    Location Insight

    • Map
    • Local Demand
    City
    Eight Mile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.196
    Latitude
    30.8668
    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
    $3,144
    $11,360
    $53,460
    $64,820
    -
    $56,800
    $267,300
    $324,100

    Comparable in this City

    • Value Estimation
      $1,720,000
      2,812 SF

      5957 Hwy 45

      CONVENIENCE STORE • 2,812 SF
      5957 Hwy 45, Eight Mile, AL 36613-9671
      View Details
    • Value Estimation
      $280,000
      2,168 SF

      5011 Lott Rd

      CONVENIENCE STORE • 2,168 SF
      5011 Lott Rd, Eight Mile, AL 36613-3637
      View Details
    • Value Estimation
      $705,000
      6,432 SF

      6111 Lott Rd

      CONVENIENCE STORE • 6,432 SF
      6111 Lott Rd, Eight Mile, AL 36613-9702
      View Details
    • Value Estimation by Request
      1,024 SF

      2561 Shelton Bch Rd

      CONVENIENCE STORE • 1,024 SF
      2561 Shelton Bch Rd, Eight Mile, AL 36613-3401
      View Details
    • Value Estimation
      $785,000
      1,756 SF

      4601 Saint Stephens Rd

      CONVENIENCE STORE • 1,756 SF
      4601 Saint Stephens Rd, Eight Mile, AL 36613-3510
      View Details
    • Value Estimation by Request
      2,315 SF

      6125 Spice Pond Rd

      CONVENIENCE STORE • 2,315 SF
      6125 Spice Pond Rd, Eight Mile, AL 36613-8409
      View Details

    Similar Nearby for Sale

    • $450,000
      2.28 Acres

      Commercial Property on Spice Pond Road

      2.28-acre commercial property with high visibility and easy access.
      6125 Spice Pond Rd, Eight Mile, AL 36613
      View Details
    • $249,900
      0.47 Acres

      Eight Mile Retail Investment Opportunity

      High-traffic corner lot with retail/business potential and studio apartment.
      6143 Highway 45, Eight Mile, AL 36613
      View Details
    • $450,000
      2,764 SF

      Eight Mile Commercial Land Investment

      High-visibility, unrestricted 2.29-acre lot.
      6125 Spice Pond Rd, Eight Mile, AL 36613
      View Details
    • Contact for pricing
      0.67 Acres

      Residential Lot in Summertree Estates

      Affordable building lot in Semmes/Eight Mile area.
      Heather Dr, Eight Mile, AL 36613
      View Details
    • Contact for pricing
      0.42 Acres

      Residential Lot in Established Neighborhood

      Residential lot in established neighborhood, ready for new home construction.
      Richard Ln, Eight Mile, AL 36613
      View Details
    • $273,000
      42.00 Acres

      Eight Mile Land with Utilities

      42-acre land with utilities, ideal for hunting or development.
      7350 Kushla Mcleod Rd, Eight Mile, AL 36613
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      62,400 SF

      Saraland Retail Space Available

      Publix-anchored storefront in Saraland, AL.
      21 Shell St, Saraland, AL 36613
      View Details
    • $8 SF/Yr
      1,200 SF

      Grocery Anchored Shopping Center Space

      Established shopping center with retail space for lease.
      4731 Saint Stephens Rd, Prichard, AL 36613
      View Details
    • $8 SF/Yr
      12,240 SF

      Eight Mile Shopping Center - Prichard, AL

      Grocery-anchored retail space available. High-traffic location.
      4739 St Stephens Rd, Prichard, AL 36613
      View Details
    • $8 SF/Yr
      6,554 SF

      Office/Warehouse Building Near I-10

      Office and warehouse space for lease near Tillman's Corner.
      5771 Industrial Pkwy N, Theodore, AL 36613
      View Details
    • $2,300 /Mo
      1,964 SF

      Prime Eight Mile Office Space

      High-visibility corner lot office, 1964 sq ft.
      4546 Saint Stephens Rd, Eight Mile, AL 36613
      View Details
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    8468 Hwy 45
    Eight Mile, AL 36613-8744
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    Realmo Value Estimation

    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.

    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.

    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
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