Financial
Distress signals
Property profile

1903 Us Highway 31 Bay Minette, AL 36507

FOR SALE
Retail space
Property ID
US03-0315391
1,784 SF 0.65 ac lot Built 1968
Last sale Oct 2021 · $155,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building totaling 1,400 square feet, located on Gulf Shores Parkway on a corner lot at a signalized intersection. It has 190 feet of highway frontage and sits directly across from Coastal Alabama Community College, positioned on the primary route toward the beach. The building was updated in 2022 and is configured for a range of commercial uses, including small business use, a doctor’s office, a convenience store, or professional services. It is situated in a business corridor within Baldwin County.

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?
$1k
Tax billed · 2023
Assessed value$31k
Assessed land$16k
Assessed improvement$15k
Effective rate4.25%

Value estimate

· Sep 2026
$210k
$189k – $231k
AI approach$235k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 3.00% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$168/SF
County average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$84 – $269

Cap rate analysis

How does the asset earn?
3.00%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionBALDWIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.6
Dental Office9.5
HVAC Service9.3

Location

1903 Us Highway 31 Bay Minette, AL 36507
County assessor Recorded deeds · 5 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Hoyle, Bay Minette, AL 36507-4828 $304,000 May 2024 2,924 SF
1605 Hand, Bay Minette, AL 36507-4910 $1,590,000 Feb 2024 3,448 SF
415 Dolive, Bay Minette, AL 36507-3230 $300,000 Nov 2023 1,530 SF
109 Courthouse, Bay Minette, AL 36507-4813 $95,000 Aug 2022 2,274 SF
106 Us Hwy 31, Bay Minette, AL 36507-2846 $110,000 May 2021 1,875 SF
Stanmeyer, Bay Minette, AL 36507 $10,000 Nov 2019 2,619 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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