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Property profile & analytics
FOR SALE
Retail properties & Spaces
9727 Spanish Fort Blvd Spanish Fort, AL 36527
Individually Owned
Free & Clear
Property ID
US03-1327199
For Sale
1 / 24
$1,200,000
9727 Spanish Fort Blvd, Spanish Fort, AL 36527
View Listing →
Property summary
AI-generated overview
Located on Highway 31 in Spanish Fort, this property is zoned B-2. The property includes a building that was previously used as a primary residence and is undergoing conversion to B-2 zoning. The building features 6 bedrooms that could be converted into offices, along with an attached warehouse with a roll-up door. The property also includes 1.5 acres of land behind the building for business expansion within the B-2 requirements. The total lot size is 3.04 acres. The property is located within county limits and benefits from high traffic volumes and a turn lane for access.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
COMMERCIAL (GENERAL)
Year built
1990
Total area
6,131 SF
Lot
1.52 ac (66,211 SF)
APN
32-05-22-0-000-081.003
UPID
US03-1327199
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$781k
Blend (final)
Blend
$735k
Owner & transaction history
RINGENOLDUS SCOTT RINGENOLDUS SHE
RINGENOLDUS SCOTT RINGENOLDUS SHE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+18.8%
Office building
$1.1M
+10.3%
Retail stores
$1.0M
+1.9%
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 Spanish Fort submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spanish Fort 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%
$945,000
6.5%
$875,000
7%
$810,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,010,000
Current use
MEDICAL BUILDING
$1,200,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$1,115,000
Change: +10% · Conversion: Easy
RETAIL STORES
$1,030,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±10%
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
$120 / 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
$3,026
Tax year 2023
Assessed value
$99,080
Assessed 2023
Previous assessed
$99,080
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$73,920
Assessed improvement
$25,160
Land market value
$665,713
Improvement market value
$226,587
Total market value
$892,300
Applied tax rate
24.0000
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
Retail properties & Spaces
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1990
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Rooms
4
Bathrooms
3
Total area
6,131 SF
Lot
1.52 ac (66,211 SF)
APN
32-05-22-0-000-081.003
UPID
US03-1327199
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
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1990
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Rooms
4
Bathrooms
3
Lot
1.52 ac
Current owner
From public records · entity-resolved
RINGENOLDUS SCOTT RINGENOLDUS SHE
Individual
Free & Clear · 0 yrs held
Mailing address
9727 SPANISH FT BLVD, SPANISH FORT, AL 36527-5555
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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