Property profile

2219 Us Hwy 31 Bay Minette, AL 36507

OFF-MARKET
Office buildings
Property ID
US03-0448529
4,312 SF 0.48 ac lot Built 1983
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Total area 4,312 SF
Lot 0.48 ac (20,909 SF)
APN 23-08-28-1-000-043.001
UPID US03-0448529

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2219 Us Hwy 31 Bay Minette, AL 36507-8256
Bay Minette metro Census 10600 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2021
Last sale
$164,000
2 recorded transactions
2021
$164,000
2014
$134,000

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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