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    Property profile & analytics

    11193 Old Hwy 31 Spanish Fort, AL 36527-7604

    • Retail properties
    • 7,687 SF
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US03-0152855
    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

    • AVS Media Group / Video Production Service
    • Amore Plumbing / Plumber
    • Eastern Shore Signs, LLC of Spanish Fort, AL / Sign Shop / Graphic Designer
    • Gulf Coast Concrete Resurfacing & Design / Concrete Contractor / Concrete Product Supplier

    Property Details for 11193 Old Hwy 31

    Year built
    2001
    Lot size
    0.98 lot acres
    Property size
    7,687 SF
    Property type
    Retail properties
    APN
    32-07-25-0-000-002.013
    APU
    3207250000002013

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $335,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $375,000
      Mixed-Use
      $325,000
      Hospitality
      $375,000
      Educational
      $360,000
      Residential Income
      $355,000
      Energy
      $360,000
      Income-Based Land
      $425,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Spanish Fort
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8318
    Latitude
    30.6747
    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
    $3,313
    $20,480
    $86,400
    $106,880
    -
    $102,400
    $432,000
    $534,400

    Comparable in this City

    • Value Estimation by Request
      3,032 SF

      11400 Austin Ln

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,032 SF
      11400 Austin Ln, Spanish Fort, AL 36527
      View Details
    • Value Estimation by Request
      120 SF

      6530 Spanish Ft Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 120 SF
      6530 Spanish Ft Blvd, Spanish Fort, AL 36527-5031
      View Details
    • Value Estimation
      $310,000
      1,004 SF

      7738 Spanish Ft Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,004 SF
      7738 Spanish Ft Blvd, Spanish Fort, AL 36527-5341
      View Details
    • Value Estimation
      $890,000
      10,720 SF

      11280 Us Hwy 31

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 10,720 SF
      11280 Us Hwy 31, Spanish Fort, AL 36527-5648
      View Details
    • Value Estimation
      $525,000
      5,600 SF

      11349 Us Hwy 31

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,600 SF
      11349 Us Hwy 31, Spanish Fort, AL 36527-5980
      View Details
    • Value Estimation
      $440,000
      8,676 SF

      11196 Us Hwy 31

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 8,676 SF
      11196 Us Hwy 31, Spanish Fort, AL 36527-5647
      View Details

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    Similar Nearby for Lease

    • $24 SF/Yr
      4,000 SF

      Spanish Fort Office Space Available

      High-visibility office space for lease in Spanish Fort, AL.
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    • $18 SF/Yr
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      Prime Spanish Fort retail space. Drive-thru available.
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      View Details
    • $18 SF/Yr
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      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
    • $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
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    • $2,800 /Mo
      1,600 SF

      Spanish Fort Office/Retail Space

      1600 SF, High-Visibility Location, Modified Gross Lease
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      View Details
    • $22 SF/Yr
      1,500 SF

      Eastern Shore Centre Retail Space

      Prime 1,500 sq ft retail space available. High-traffic location.
      30500 AL-181, Spanish Fort, AL 36527
      View Details
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    Spanish Fort, AL 36527-7604
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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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