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Property profile & analytics
FOR SALE
Investment properties
18125 Wright Blvd Fairhope, AL 36532
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0681710
For Sale
1 / 16
$7,915,000
18125 Wright Blvd, Fairhope, AL 36532
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2022
Total area
66,351 SF
Lot
15 ac (653,400 SF)
APN
46-09-29-0-000-067
UPID
US03-0681710
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.46M
Comparable Approach
Comparable
$8.60M
Blend (final)
Blend
$7.92M
Owner & transaction history
Psm Alabama Holdings LLC · 1 yrs held
Psm Alabama Holdings LLC
since 2024
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.0M
+18.8%
Retail stores
$11.1M
+1.9%
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 Fairhope submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairhope 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%
$10,245,000
6.5%
$9,455,000
7%
$8,780,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,920,000
Current use
MEDICAL BUILDING
$12,970,000
Change: +19% · Conversion: Easy
RETAIL STORES
$11,125,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$7.92M
Range $7.12M – $8.71M · ±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
$119 / 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
$57,038
Tax year 2023
Assessed value
$1,839,940
Assessed 2023
Previous assessed
$1,839,940
+0.0% YoY
Effective rate
3.10%
On assessed value
Assessed land
$301,900
Assessed improvement
$1,538,040
Land market value
$1,509,500
Improvement market value
$7,690,200
Total market value
$9,199,700
Applied tax rate
23.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
2022
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Rooms
6
Bathrooms
2
Total area
66,351 SF
Lot
15 ac (653,400 SF)
APN
46-09-29-0-000-067
UPID
US03-0681710
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
COMMERCIAL (GENERAL) Current
Est. value
$10.9M
MEDICAL BUILDING
Est. value
$13.0M
RETAIL STORES
Est. value
$11.1M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
2022
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
6
Bathrooms
2
Lot
15 ac
Current owner
From public records · entity-resolved
Psm Alabama Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2520 WYNNTON RD, COLUMBUS, GA 31906-2184
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2024
$20,325,000
Psm Alabama Holdings LLC
Rw Battles LLC
Special Warranty Deed
—
Sep 3, 2024
—
The Utilities Board Of The City Of
Rw Battles LLC
Deed
—
Dec 30, 2022
—
R W Battles LLC
—
Deed
related
$15,000,000 · Colony Bank
Mar 2, 2021
$750,000
Rw Battles LLC
Bb LLC
Warranty Deed
—
Nov 1, 2004
$700,500
Bb LLC
Karter,mary A G
Warranty Deed
$550,000 · First National Bank Baldwin
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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