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    Property profile & analytics

    2150 Mckenzie St Foley, AL 36535-1753

    • Drive through restaurants
    • 891 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Jul 23, 2024
    Location Intelligence
    Property ID
    US03-2043008
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 2150 Mckenzie St

    Year built
    1994
    Lot size
    0.57 lot acres
    Property size
    891 SF
    Property type
    Drive through restaurants
    APN
    61-03-05-1-001-008
    APU
    6103051001008

    Description

    This exceptional 800-square-foot retail building is situated at 2150 S McKenzie St in Foley, Alabama, within Baldwin County. Built in 1994, the property boasts a convenient drive-thru feature and sits on a sizable 0.61-acre lot (26,696 square feet). Its strategic location offers significant visibility and accessibility, being an outparcel to a Walmart Supercenter. The high traffic count, exceeding 38,000 average daily vehicles, ensures substantial exposure for any business operating from this location. The property's freestanding nature provides excellent branding opportunities and ample parking for customers. The building's 800 square feet offer a versatile space suitable for a variety of retail uses. This prime retail space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving Alabama community. The zip code for this property is 36535. The property's latitude and longitude coordinates are 30.3836916 and -87.6837786 respectively.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $380,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $390,000
      Mixed-Use
      $345,000
      Hospitality
      $325,000
      Educational
      $390,000
      Residential Income
      $390,000
      Energy
      $360,000
      Income-Based Land
      $380,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6839
    Latitude
    30.3836
    CBSA code
    19300
    CBSA name
    DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,472
    $88,520
    $47,000
    $135,520
    -
    $442,600
    $235,000
    $677,600

    Comparable in this City

    • Value Estimation
      $1,265,000
      2,549 SF

      2400 Mckenzie St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,549 SF
      2400 Mckenzie St, Foley, AL 36535-3404
      View Details
    • Value Estimation
      $430,000
      4,176 SF

      712 Mckenzie St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,176 SF
      712 Mckenzie St, Foley, AL 36535-1809
      View Details
    • Value Estimation
      $560,000
      5,621 SF

      2460 Mckenzie St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,621 SF
      2460 Mckenzie St, Foley, AL 36535-3404
      View Details
    • Value Estimation
      $490,000
      3,073 SF

      2501 Mckenzie St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,073 SF
      2501 Mckenzie St, Foley, AL 36535-3407
      View Details
    • Value Estimation
      $585,000
      4,648 SF

      9750 Mckenzie St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,648 SF
      9750 Mckenzie St, Foley, AL 36535
      View Details
    • Value Estimation
      $710,000
      2,218 SF

      1165 Mckenzie St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,218 SF
      1165 Mckenzie St, Foley, AL 36535-1816
      View Details

    Similar Nearby for Sale

    • $2,500,000
      3,042 SF

      Freestanding Hardee's Restaurant For Sale

      Excellent Hardee’s restaurant with drive-through in a high-traffic location.
      2935 S Mckenzie St, Foley, AL 36535
      View Details
    • $1,250,000
      12,000 SF

      Foley, AL Strip Center Investment

      High-traffic Hwy 59 location; 5 units, 12,000 SF.
      3800 S Mckenzie St, Foley, AL 36535
      View Details
    • $2,500,000
      7,900 SF

      301 Mckenzie St

      Restaurants • 7,900 SF
      301 Mckenzie St, Foley, AL 36535
      View Details
    • $4,073,000
      7,128 SF

      Established Restaurant Property For Sale

      Restaurant property with a long-term lease and expansion potential.
      3060 S Mckenzie St, Foley, AL 36535
      View Details
    • $2,500,000
      2,904 SF

      Hardee's Net Lease Retail Investment

      Foley, AL: Prime QSR location, high traffic.
      2935 S Mckenzie St, Foley, AL 36535
      View Details
    • $1,707,085
      23,208 SF

      Foley, AL Shrimp Basket Investment

      High-traffic, net-leased seafood restaurant.
      1500 S Mckenzie St, Foley, AL 36535
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      2,188 SF

      Foley Retail/Restaurant Space For Rent

      High-visibility retail/restaurant space with drive-thru and ample parking.
      712 S Mckenzie St, Foley, AL 36535
      View Details
    • $21 SF/Yr
      3,526 SF

      Restaurant Space For Lease

      Restaurant space available for lease, equipment available upon request.
      1145 S Mckenzie St, Foley, AL 36535
      View Details
    • $18 SF/Yr
      219,888 SF

      Foley Square Retail Opportunity

      Prime Alabama retail space available. High traffic, strong demographics.
      2434 Mckenzie St, Foley, AL 36535
      View Details
    • $12 SF/Yr
      9,000 SF

      Former Retail Space in Foley

      9,000 SF retail space available for lease.
      151 Riviera Blvd, Foley, AL 36535
      View Details
    • $15 SF/Yr
      13,000 SF

      Foley Island Shopping Center Suites

      Mixed-use neighborhood center with suites for retail, office, medical.
      1103-1155 N Mckenzie St, Foley, AL 36535
      View Details
    • $26 SF/Yr
      1,449 SF

      Foley Square Retail Space Available

      1449 SF Retail Suite, High Traffic Area
      2558 Mckenzie St, Foley, AL 36535
      View Details
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    Foley, AL 36535-1753
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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