Technical
Financial
Distress signals
Property profile

1851 Mckenzie St Foley, AL 36535

OFF-MARKET
Office buildings
Property ID
US03-0865634
35,954 SF 1.35 ac lot Built 2007
Entity Owned 4-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 35,954 SF
Lot 1.35 ac (58,806 SF)
APN 54-04-17-4-000-033.001
UPID US03-0865634

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
  • Medical Clinic
  • Medical Clinic
  • Pediatrician Physician
  • Physician Medical Clinic
  • Pediatrician Physician

Location

1851 Mckenzie St Foley, AL 36535-4700
Foley metro Census 11501 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.89M
CAP Approach CAP
$6.88M
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.18M

Owner & transaction history

since 2021
Last sale
$7.5M
4 recorded transactions
2021
$7.5M
2009
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $11.1M +93.2%
Restaurant $11.0M +91.7%
Medical building $7.0M +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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