Property profile

201 2nd St Bay Minette, AL 36507

OFF-MARKET
Office buildings
Property ID
US03-1660237
3,807 SF 0.21 ac lot Built 1985
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 3,807 SF
Lot 0.21 ac (9,148 SF)
APN 23-02-09-4-401-022
UPID US03-1660237

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
  • Law Firm
  • Law Firm
  • Law Firm

Location

201 2nd St Bay Minette, AL 36507-4831
Bay Minette metro Census 10500 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
$644k
Blend (final) Blend
$520k

Owner & transaction history

since 2018
5 recorded transactions
2022
Price N/A
2020
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $745,000 +7.7%

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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