Technical
Financial
Distress signals
Property profile

1506 Mckenzie St Foley, AL 36535

OFF-MARKET
Office buildings
Property ID
US03-0705584
19,820 SF 1.3 ac lot Built 2007
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Construction WOOD
Total area 19,820 SF
Lot 1.3 ac (56,628 SF)
APN 54-05-21-2-000-005
UPID US03-0705584

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
  • Pediatrician Physician
  • Law Firm
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Gym & Fitness Center

Location

1506 Mckenzie St Foley, AL 36535-2261
Foley metro Census 11501 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.80M
Comparable Approach Comparable
$3.97M
Blend (final) Blend
$570k

Owner & transaction history

since 2006
6 recorded transactions
2017
Price N/A
2012
Price N/A
2011
Price N/A
2006
$4.2M
2004
$855,500
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $6.1M +93.2%
Restaurant $6.0M +91.7%
Medical building $3.9M +22.8%

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
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