Technical
Financial
Distress signals
Property profile

1605 Mckenzie St Foley, AL 36535

OFF-MARKET
Office buildings
Property ID
US03-0555241
3,119 SF 0.52 ac lot Built 1980
Individually Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 3,119 SF
Lot 0.52 ac (22,651 SF)
APN 54-04-20-1-000-006.001
UPID US03-0555241

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
  • Restaurant
  • Home Health Care Service

Location

1605 Mckenzie St Foley, AL 36535-2247
Foley metro Census 11501 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$980k
CAP Approach CAP
$595k
Comparable Approach Comparable
$625k
Blend (final) Blend
$990k

Owner & transaction history

since 2022
Last sale
$850,000
7 recorded transactions
2022
$850,000
2020
$900,000
2020
$1.0M
2019
$568,346
2018
Price N/A
2017
$250,000
2017
$177,938

Zoning & alternative use

Top alternative use upside
Medical building $610,000 +22.8%
Retail stores $530,000 +7.2%

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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