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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Turn key restaurants
1145 Mckenzie St Foley, AL 36535-1816
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US03-3080190
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1999
Total area
9,299 SF
Lot
2.09 ac (91,040 SF)
APN
54-08-33-2-000-016.009
UPID
US03-3080190
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Vallarta Mexican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$714k
Blend (final)
Blend
$1.03M
Owner & transaction history
Vallarta Foley Alabama LLC · 4 yrs held
Vallarta Foley Alabama LLC
since 2022
Last sale
$945,200
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Foley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Foley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,100,000
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $945k (Jun 3 2022)
Last sale anchor
$945k
Jun 3 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$111 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,297
Tax year 2023
Assessed value
$312,020
Assessed 2023
Previous assessed
$312,020
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$103,460
Assessed improvement
$208,560
Land market value
$517,300
Improvement market value
$1,042,800
Total market value
$1,560,100
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
9,299 SF
Lot
2.09 ac (91,040 SF)
APN
54-08-33-2-000-016.009
UPID
US03-3080190
Jurisdiction
BALDWIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
2.09 ac
Current owner
From public records · entity-resolved
Vallarta Foley Alabama LLC
Entity
Mailing address
3191 S MCKENZIE ST, FOLEY, AL 36535-3701
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
—
Vallarta Foley Alabama LLC
—
Deed
related
$713,606 · B1bank
Jun 3, 2022
—
Vallarta Foley Alabama LLC
Vallarta Foley LLC
Intrafamily Transfer
related
$1,041,957 · B1bank
Sep 11, 2019
—
Vallarta-foley LLC
—
Deed
related
$800,000 · Community Bk/ms
Jan 17, 2019
$996,000
Vallarta-foley LLC
Vallarta Of Alabama INC
Warranty Deed
—
Jun 17, 2015
$945,200
Vallarta Of Alabama INC
Maritza Y Anna LLC
Warranty Deed
$690,000 · Private Individual
Sep 29, 2008
$743,500
Maritza Y Anna LLC
Barragan,santiago
Warranty Deed
—
—
—
Vallarta Of Alabama INC
—
Deed Of Trust
related
$690,000 · Private Individual
—
—
Vallarta-foley LLC
—
Deed Of Trust
related
$800,000 · Community Bk/ms
—
—
Santiago Barragan
—
Deed Of Trust
related
$750,000 · Regions Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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