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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Retail properties & Spaces
13361 Lipscomb Rd Foley, AL 36535-8493
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US03-0145901
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2012
Total area
1,600 SF
Lot
4.9 ac (213,444 SF)
APN
55-04-20-0-000-009.005
UPID
US03-0145901
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
-
Ricky's Doghouse Campground & RV Park
-
Carbide's Place Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Vernon W Wibberg · 1 yrs held
Vernon W Wibberg
since 2025
Last sale
$1.7M
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
$1,735,000
ML approach
$1,595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±10% · vs last sale $1.65M (Dec 21 2023)
Last sale anchor
$1.65M
Dec 21 2023
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
$1,038 / 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
$4,188
Tax year 2023
Assessed value
$149,580
Assessed 2023
Previous assessed
$149,580
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$22,560
Assessed improvement
$127,020
Land market value
$112,800
Improvement market value
$635,100
Total market value
$747,900
Applied tax rate
2.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2012
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
1,600 SF
Lot
4.9 ac (213,444 SF)
APN
55-04-20-0-000-009.005
UPID
US03-0145901
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
2012
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4.9 ac
Current owner
From public records · entity-resolved
Vernon W Wibberg
Individual
Mailing address
4035 HIGH RDG DR, NEW SMYRNA BEACH, FL 32168-8921
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
35 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2025
$69,000
Vernon W Wibberg
Suzanne Morrison
Warranty Deed
—
Feb 1, 2024
$70,000
Sells Jett
Ronald S Bush
Warranty Deed
—
Dec 21, 2023
$1,650,000
Magnolia Farms Rv Parks LLC
Gless Co LLC
Warranty Deed
$1,237,500 · Glass Co LLC
Sep 12, 2023
$70,000
Zimmerman Wright Allen
Ronald S Bush
Warranty Deed
—
Dec 12, 2022
$70,000
Robert Morrison
Ronald S Bush
Warranty Deed
—
Oct 10, 2022
—
Lucas Smith
Lucas Smith
Deed
related
—
May 21, 2021
$1,050,000
Gless Co LLC
The Wright Investment
Warranty Deed
—
May 3, 2021
$30,000
Samuel D Bush
Joseph Drew
Warranty Deed
$269,600 · Caliber Home Loans INC
Jun 12, 2020
$75,000
Ronald S Bush
Jesse Danford
Warranty Deed
—
Jan 10, 2020
$28,000
Misty A Thomas
Bobby Smith
Warranty Deed
—
Nov 21, 2019
$585,000
The Wright Investments LLC
Magnolia Earms Rv Park LLC
Warranty Deed
—
Oct 30, 2019
$30,000
Ronald S Bush
Alan Comeau
Warranty Deed
—
Aug 21, 2019
$30,000
Ronald S Bush
Courtright,jim
Warranty Deed
—
Aug 12, 2019
$30,000
John Stafford
Danford,jesse & Michael
Warranty Deed
—
Jul 3, 2019
$9,000
Richard Roder
Rossi,thomas L & Mary A
Warranty Deed
—
Jun 5, 2019
$30,000
Ronald S Bush
Watson,e Carol & Conrad W
Warranty Deed
—
May 1, 2019
$25,000
John D Stafford
Svoboda,frank A JR
Warranty Deed
—
Dec 21, 2018
$53,000
Carl E Cauley
Leach,dwight & Beverly
Warranty Deed
—
Dec 5, 2018
$18,487
E Carol Watson
Auctioneer Of Baldwin County|richards,charles D &
Trust Deed
—
Jun 19, 2018
$20,500
J W Smith
Rowley,steve
Warranty Deed
—
Apr 19, 2018
—
Steve Rowley
Southern Access II INC
Quitclaim Deed
related
—
Apr 4, 2018
$25,000
Dwight Leach
Mitchem,joe & Patria
Warranty Deed
—
Aug 9, 2017
—
Judith A Applegate
Applegate,richard A
Deed
related
—
Jun 20, 2017
—
Susan A Garrett
Garrett,michael W
Deed
related
—
Apr 6, 2017
$18,000
Steve Rowley
Taylor Joseph M
Grant Deed
—
Mar 14, 2017
$18,000
Jim Courtright
Courtright,timothy
Quitclaim Deed
related
—
Feb 13, 2017
$20,000
Bobby Smith
Koblasz,arthur & Mary
Warranty Deed
—
Sep 7, 2016
—
Frank A Svoboda JR
Carl P Hill
Warranty Deed
$25,000 · Golson Mortgage Company LLC
Aug 24, 2016
$46,000
Annette Powell
Suggs,brian P
Deed
$35,000 · Brian P Suggs
Aug 1, 2016
$16,000
Charles D Richards
Watson,e Carol
Deed
$14,500 · E Carol Watson
Jun 1, 2012
$15,000
Magnolia Farms Rv Park LLC
Golson Mtg Co LLC
Grant Deed
—
May 6, 2011
$211,985
Golson Mtg Co LLC
Auctioneer Of Baldwin County
Trustees Deed
related
—
—
—
Douglas Properties INC
—
Deed Of Trust
related
$22,500 · United Bank
—
—
Troy Anders
—
Deed Of Trust
related
$100,000 · Golson Mortgage Co LLC
—
—
Southern Access INC
—
Deed Of Trust
related
$77,825 · Troy Anders
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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