New search
Property profile & analytics
FOR LEASE
Car washes
2011 S Mckenzie St, Foley, AL 36535
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US03-1071052
For Lease
1 / 2
$50 SF/Yr
2011 S Mckenzie St, Foley, AL 36535
View Listing →
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2014
Total area
3,040 SF
Lot
1.31 ac (57,064 SF)
APN
54-08-33-3-000-028
UPID
US03-1071052
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
-
Zippy's Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.84M
Owner & transaction history
Mach One Holdings LLC · 2 yrs held
Mach One Holdings LLC
since 2024
Last sale
$1.8M
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 Foley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Foley 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
$1,835,000
ML approach
$1,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.84M
Range $1.65M – $2.02M · ±10% · vs last sale $1.83M (Feb 9 2024)
Last sale anchor
$1.83M
Feb 9 2024
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
$604 / 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
$9,155
Tax year 2023
Assessed value
$277,420
Assessed 2023
Previous assessed
$287,020
-3.3% YoY
Effective rate
3.30%
On assessed value
Assessed land
$184,680
Assessed improvement
$92,740
Land market value
$923,400
Improvement market value
$463,700
Total market value
$1,387,100
Applied tax rate
7.0000
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
Car washes
Use group
CAR WASH
Status
For Lease
Year built
2014
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
3,040 SF
Lot
1.31 ac (57,064 SF)
APN
54-08-33-3-000-028
UPID
US03-1071052
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
Building & site characteristics
From public records
Year built
2014
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Mach One Holdings LLC
Entity
Mailing address
200 ARMORY RD, CENTRE, AL 35960-1602
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2024
$1,833,333
Mach One Holdings LLC
Fjf Porperties LLC
Warranty Deed
$5,503,750 · First Bank Of Alabama
Feb 9, 2024
$466,666
Fjf Properties LLC
Boing Us Holdco INC
Special Warranty Deed
—
Oct 25, 2023
—
Boing Us Hold Co INC
Pe Si Spe LLC
Special Warranty Deed
—
Jan 7, 2022
—
Opf Si Spe LLC
—
Deed
related
$75,500,000 · Wells Fargo Bank NA
Jan 8, 2019
$1,218,500
Net Lease Suds LLC
Imo Us Alabama LLC
Grant Deed
$792,000 · First Internet Bk/in
Oct 10, 2016
$417,000
Imo Us Alabama LLC
Triple C Dev INC
Grant Deed
—
Dec 13, 2012
$780,000
Triple C Development INC
Ziegler Corporation
Warranty Deed
$1,800,000 · Peoples Independent Bank
Jun 14, 2007
$250,000
Ziegler Corp
Archer,harry B & Cecelia L
Warranty Deed
—
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
