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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Retail properties & Spaces
19580 Greeno Rd Fairhope, AL 36532-3838
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US03-0768706
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1987
Total area
6,735 SF
Lot
0.59 ac (25,700 SF)
APN
46-05-21-0-000-010.021
UPID
US03-0768706
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
-
Old Tyme Feed & Garden Supply, Inc Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$965k
Blend (final)
Blend
$990k
Owner & transaction history
Fairhope Feed Properties LLC · 1 yrs held
Fairhope Feed Properties LLC
since 2025
Last sale
$1.0M
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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$1,645,000
Current use
OFFICE BUILDING
$1,595,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$1,315,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $1.00M (Mar 18 2025)
Last sale anchor
$1.00M
Mar 18 2025
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
$147 / 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
$4,826
Tax year 2023
Assessed value
$104,920
Assessed 2023
Previous assessed
$104,920
+0.0% YoY
Effective rate
4.60%
On assessed value
Assessed land
$57,720
Assessed improvement
$47,200
Land market value
$288,600
Improvement market value
$236,000
Total market value
$524,600
Applied tax rate
63.0000
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
1987
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
6,735 SF
Lot
0.59 ac (25,700 SF)
APN
46-05-21-0-000-010.021
UPID
US03-0768706
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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.3M
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
OFFICE BUILDING
MEDICAL BUILDING
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
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Fairhope Feed Properties LLC
Entity
Mailing address
212 JEFF DAVIS ST, FAIRHOPE, AL 36532-2925
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2025
$1,000,000
Fairhope Feed Properties LLC
Otf Properties LLC
Warranty Deed
$989,500 · Southstate Bank NA
Nov 20, 2023
—
Otf Properties LLC
—
Deed
related
$200,000 · South State Bank NA
Jul 13, 2023
—
Otf Properties LLC
John Cecil Christenberry JR
Warranty Deed
—
Nov 12, 2021
—
John Cecil Christenberry
—
Deed
related
$315,000 · South State Bank NA
Sep 14, 2020
—
John C Christenberry
—
Deed
related
$339,782 · Bancorpsouth Bank
May 5, 2015
—
John C Christenberry
—
Trustees Deed
related
$25,000 · Bancorpsouth
Nov 15, 2006
—
John C Christenberry
—
Trustees Deed
related
$50,000 · First National Bank Baldwin
—
—
John C Christenberry
—
Deed Of Trust
related
$25,000 · First National Bank Baldwin
—
—
John C Christenberry
—
Deed Of Trust
related
$350,000 · 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.
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