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    Property profile & analytics

    10000 Town Ctr Ave Spanish Fort, AL 36527-9415

    • Banks
    • 4,323 SF
    • 1.83 lot acres
    OFF-MARKET
    Value Estimation
    $1,700,000
    Last Sale
    Oct 18, 2024
    $1,700,000
    Location Intelligence
    Property ID
    US03-2817170
    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

    • Wells Fargo ATM / Atm

    Property Details for 10000 Town Ctr Ave

    Year built
    2008
    Lot size
    1.83 lot acres
    Property size
    4,323 SF
    Property type
    Banks
    APN
    32-09-30-4-000-007.012
    APU
    3209304000007012

    Description

    This exceptional 3,748 square foot retail space, formerly a bank branch, is ideally situated on a 1.5-acre lot at 10000 Town Centre Ave in Spanish Fort, Alabama, zip code 36527. The property boasts excellent visibility at the entrance to the Spanish Fort Town Center, a high-traffic area with 23,457 cars passing daily on US-98/US-90. Its convenient location offers easy access to Interstate 10, just 1.2 miles away, with a daily traffic count of 39,056 vehicles. The building is in excellent condition and features a drive-thru, presenting a unique opportunity for a variety of businesses. The property's proximity to numerous retailers and restaurants further enhances its appeal. There's potential for supplemental income through a leaseback agreement for the existing drive-up ATM. The current lease expires September 30, 2028, with options available for the future. This prime retail space presents a compelling investment opportunity in a thriving commercial area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,700,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,555,000
      6.5%
      $1,675,000
      7%
      $1,660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,780,000
      Geo Method
      $1,555,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,850,000
      Retail
      $1,820,000
      Mixed-Use
      $1,740,000
      Hospitality
      $1,630,000
      Educational
      $1,895,000
      Residential Income
      $1,730,000
      Energy
      $1,465,000
      Income-Based Land
      $1,715,000
      Food Service
      $1,640,000

    Location Insight

    • Map
    • Local Demand
    City
    Spanish Fort
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.9102
    Latitude
    30.6646
    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
    $12,134
    $153,880
    $183,180
    $337,060
    -
    $769,400
    $915,900
    $1,685,300

    Comparable in this City

    • Value Estimation
      $1,075,000
      3,822 SF

      10021 Us Hwy 31

      FINANCIAL BUILDING • 3,822 SF
      10021 Us Hwy 31, Spanish Fort, AL 36527-5695
      View Details
    • Value Estimation
      $940,000
      4,437 SF

      30585 State Hwy 225

      FINANCIAL BUILDING • 4,437 SF
      30585 State Hwy 225, Spanish Fort, AL 36527-3119
      View Details
    • Value Estimation
      $550,000
      4,432 SF

      10010 Eastern Shr Blvd

      FINANCIAL BUILDING • 4,432 SF
      10010 Eastern Shr Blvd, Spanish Fort, AL 36527-5825
      View Details
    • Value Estimation
      $425,000
      3,659 SF

      6470 Spanish Ft Blvd

      FINANCIAL BUILDING • 3,659 SF
      6470 Spanish Ft Blvd, Spanish Fort, AL 36527-9457
      View Details
    • Value Estimation
      $585,000
      4,229 SF

      30083 Woodrow Ln

      FINANCIAL BUILDING • 4,229 SF
      30083 Woodrow Ln, Daphne, AL 36527
      View Details
    • Value Estimation
      $335,000
      4,315 SF

      30723 State Hwy 181st, Unit 1

      FINANCIAL BUILDING • 4,315 SF
      30723 State Hwy 181st, Daphne, AL 36527-5681
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Highway Frontage Metal Building

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      Residential Lots in Spanish Fort

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      Residential Lots in Spanish Fort

      Residential lots available for custom home in Spanish Fort, AL.
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      Cleared lot with waterfront views and community amenities in Spanish Fort.
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    Similar Nearby for Lease

    • $23 SF/Yr
      2,223 SF

      Eastern Shore Retail Space Available

      Prime 2,223 sq ft retail space in high-traffic shopping center.
      30500 AL-181, Spanish Fort, AL 36527
      View Details
    • $16 SF/Yr
      15,350 SF

      Spanish Fort Town Center Retail

      Retail, restaurant, and office spaces for lease.
      23000 Town Center Ave, Spanish Fort, AL 36527
      View Details
    • Contact for pricing
      265,000 SF

      Eastern Shore Plaza Retail Center

      High-traffic Power Center, 5 spaces available
      10200 Eastern Shore Blvd, Spanish Fort, AL 36527
      View Details
    • $18 SF/Yr
      1,200 SF

      Blakely Square Retail End Cap

      Prime Spanish Fort retail space. Drive-thru available.
      6729 Spanish Fort Blvd, Spanish Fort, AL 36527
      View Details
    • $18 SF/Yr
      2,154 SF

      Eastern Shore Centre Retail Space

      Prime 2,154 sq ft retail space available. High-traffic location.
      30500 AL-181, Spanish Fort, AL 36527
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space Near Bass Pro

      Retail space available near high-traffic Bass Pro Shop.
      21000 Town Center Ave, Spanish Fort, AL 36527
      View Details
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    Spanish Fort, AL 36527-9415
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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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