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Property profile & analytics
OFF-MARKET
Estimated value
$7,890,000
Manufacturing properties
1300 Fern Ave Foley, AL 36535-1568
Entity Owned
Absentee Owner
Free & Clear
Property ID
US03-2154298
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2017
Total area
101,875 SF
Lot
81 ac (3,528,360 SF)
APN
54-04-19-0-000-004
UPID
US03-2154298
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
-
Collins Aerospace Corporate Office Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.74M
Comparable Approach
Comparable
$8.04M
Blend (final)
Blend
$7.89M
Owner & transaction history
ROHR INDUSTRIES INC
ROHR INDUSTRIES INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.7M
+212.4%
Restaurant
$11.7M
+188.9%
Medical building
$10.8M
+165.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,385,000
6.5%
$7,740,000
7%
$7,185,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$12,690,000
Change: +212% · Conversion: Difficult
RESTAURANT
$11,735,000
Change: +189% · Conversion: Difficult
MEDICAL BUILDING
$10,795,000
Change: +166% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,480,000
Change: +158% · Conversion: Easy
COMMERCIAL (GENERAL)
$9,985,000
Change: +146% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,435,000
Change: +132% · Conversion: Difficult
RETAIL STORES
$9,140,000
Change: +125% · Conversion: Moderate
Blend value · Realmo final
$7.89M
Range $7.10M – $8.68M · ±10%
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
$77 / 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
$34,173
Tax year 2023
Assessed value
$2,277,880
Assessed 2023
Previous assessed
$2,277,880
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$93,320
Assessed improvement
$2,184,560
Land market value
$854,906
Improvement market value
$20,012,794
Total market value
$20,867,700
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2017
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
101,875 SF
Lot
81 ac (3,528,360 SF)
APN
54-04-19-0-000-004
UPID
US03-2154298
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$12.7M
RESTAURANT
Est. value
$11.7M
MEDICAL BUILDING
Est. value
$10.8M
AUTO REPAIR, GARAGE
Est. value
$10.5M
COMMERCIAL (GENERAL)
Est. value
$10.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.4M
RETAIL STORES
Est. value
$9.1M
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
81 ac
Current owner
From public records · entity-resolved
ROHR INDUSTRIES INC
Entity
Free & Clear · 0 yrs held
Mailing address
8 FARM SPGS RD, FARMINGTON, CT 06032-2526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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