Technical
Financial
Distress signals
Property profile

1001 Randall Ave Daphne, AL 36526

FOR LEASE
Office buildings
Property ID
US03-0820321
1,782 SF 0.37 ac lot Built 1950
Entity Owned 8-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 1,780-square-foot office building is situated on a 0.37-acre lot at the corner of Highway 98 and Randall Avenue in Daphne, Alabama. The interior layout includes three individual offices, a large conference/workroom, a kitchen, a breakroom/copy room, a reception area with a waiting area, and two bathrooms. The building underwent complete renovation in 2018 and includes parking areas in both the front and rear. The property is positioned for roadway visibility and access along Highway 98.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Total area 1,782 SF
Lot 0.37 ac (16,117 SF)
APN 43-04-17-3-000-004
UPID US03-0820321

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

1001 Randall Ave Daphne, AL 36526
Daphne metro Census 10800 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2018
1 recorded transaction
2018
$335,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message