Financial
Distress signals
Property profile

1502 Magnolia Ave Geneva, AL 36340

OFF-MARKET
Drive through restaurants
Property ID
US03-1118546
1,600 SF Built 1993
Last sale Oct 2025 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This vacant 1,600 square foot quick-service restaurant (QSR) building presents a unique investment opportunity in Geneva, Alabama. Located at 1502 W Magnolia Ave, this property sits on a 0.62-acre lot and offers significant potential for a new tenant or redevelopment. Built in 1993, the structure is in need of updating, but some existing fixtures and equipment may be available. The asking price is $1,400,000, translating to $875 per square foot. This price reflects the amount owed to the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$69k
Assessed land$22k
Assessed improvement$47k
Effective rate4.41%

Value estimate

· Sep 2026
$760k
$684k – $836k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGENEVA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply9.3
Electrical Service9.0
Auto Parts Store8.8

Location

1502 Magnolia Ave Geneva, AL 36340-1234
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
505 Magnolia, Geneva, AL 36340-2323 $1,000,000 Dec 2025 1,968 SF
Merritt, Geneva, AL 36340 $140,000 Jul 2023 1,800 SF
400 Adacemy, Geneva, AL 36340 $240,100 Nov 2022 1,575 SF
517 Buck Holland, Geneva, AL 36340-7356 $65,000 Jun 2022 1,728 SF
808 Town, Geneva, AL 36340-2426 $23,500 Apr 2022 1,740 SF
804 Town, Geneva, AL 36340-2426 $59,000 Apr 2021 1,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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