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Property profile & analytics

100 Elecia Ln, Unit 2 Foley, AL 36535-8970

  • Medical offices
  • 2,508 SF
  • 0.33 lot acres
OFF-MARKET
Value Estimation
$290,000
Last Sale
Mar 21, 2024
$349,000
Location Intelligence
Property ID
US03-0363250
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

  • Dr. Brandy Adams / Dentist / Practitioner Service Location

Property Details for 100 Elecia Ln

Year built
1999
Lot size
0.33 lot acres
Property size
2,508 SF
Property type
Medical offices
Property subtype
Medical centers
APN
54-05-21-2-000-002.012
APU
5405212000002012

Description

This exceptional 2,377 square foot single-tenant medical office building presents a unique investment opportunity. Located in Foley, Alabama, this Class B property boasts a prime location, situated on 0.33 acres of land and built in 1999. The building features a single story, offering convenient access and functionality. Currently vacant, this turn-key dental office is ready for immediate occupancy. The interior layout is thoughtfully designed, including five treatment rooms, a panoramic X-ray area, a dedicated lab room, a spacious reception/waiting area, a private consultation suite, a convenient breakroom, and ample office space. Its strategic location offers unparalleled convenience and accessibility. It's approximately 0.25 miles from South Baldwin Regional Medical Center, 0.1 miles from AL Hwy 59, and 3.6 miles from Foley Beach Express, ensuring high visibility and easy access for patients and staff. The property is zoned B-1A Extended Business District & FMOC-Foley Medical Overlay District, making it ideal for medical practices. With an estimated 33,695 households within a 10-mile radius, this property offers significant potential for growth and profitability. The building's single-tenant occupancy simplifies management and provides a stable income stream. This is an exceptional opportunity to acquire a well-maintained, strategically located medical office building in a thriving community. The property is ready for immediate use, offering a seamless transition for any medical practice seeking a move-in ready space.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $310,000
  • CAP approach

    CAP return
    Estimation
    6%
    $250,000
    6.5%
    $255,000
    7%
    $235,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $205,000
    Geo Method
    $230,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $210,000
    Retail
    $220,000
    Mixed-Use
    $220,000
    Hospitality
    $255,000
    Educational
    $240,000
    Residential Income
    $235,000
    Energy
    $230,000
    Income-Based Land
    $225,000
    Food Service
    $245,000

Location Insight

  • Map
  • Local Demand
City
Foley
County
Baldwin
State
Alabama
Longitude
-87.6816
Latitude
30.4286
CBSA code
19300
CBSA name
DAPHNE-FAIRHOPE, AL MICROPOLITAN 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
$2,727
$23,320
$55,580
$78,900
-
$116,600
$277,900
$394,500
More about this property
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