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    Property profile & analytics

    223 Laurel Ave Foley, AL 36535

    • Retail space
    • 9,649 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-0710371
    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

    • Retail space

    Property Details for 223 Laurel Ave

    Year built
    1950
    Lot size
    0.24 lot acres
    Property size
    9,649 SF
    Property type
    Retail space
    APN
    54-09-29-4-401-043
    APU
    5409294401043

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6859
    Latitude
    30.4061
    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
    $2,094
    $9,360
    $54,080
    $63,440
    -
    $93,600
    $540,800
    $634,400

    Comparable in this City

    • Value Estimation by Request
      2,539 SF

      119 Alston St

      RETAIL STORES (PERSONAL SERVICES) • 2,539 SF
      119 Alston St, Foley, AL 36535-1911
      View Details
    • Value Estimation by Request
      3,776 SF

      419 Alston St

      RETAIL STORES (PERSONAL SERVICES) • 3,776 SF
      419 Alston St, Foley, AL 36535-1917
      View Details
    • Value Estimation
      $7,185,000
      49,913 SF

      1235 Mckenzie St

      RETAIL STORES (PERSONAL SERVICES) • 49,913 SF
      1235 Mckenzie St, Foley, AL 36535-1818
      View Details
    • Value Estimation
      $575,000
      3,072 SF

      8463 State Hwy 59

      RETAIL STORES (PERSONAL SERVICES) • 3,072 SF
      8463 State Hwy 59, Foley, AL 36535-3832
      View Details
    • Value Estimation
      $1,255,000
      15,000 SF

      15845 State Hwy 59

      RETAIL STORES (PERSONAL SERVICES) • 15,000 SF
      15845 State Hwy 59, Foley, AL 36535-8995
      View Details
    • Value Estimation
      $4,090,000
      20,681 SF

      803 Mckenzie St

      RETAIL STORES (PERSONAL SERVICES) • 20,681 SF
      803 Mckenzie St, Foley, AL 36535-1810
      View Details

    Similar Nearby for Sale

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      High-traffic location, flexible options.
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    Similar Nearby for Lease

    • $22 SF/Yr
      1,200 SF

      Retail Space Across From Walmart

      Retail space in Foley Plaza with high visibility and access.
      2155 S Mckenzie St, Foley, AL 36535
      View Details
    • $26 SF/Yr
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      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
    • $5,000 /Mo
      91,476 SF

      Foley Retail Space on Highway

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      21289 Us Highway 98, Foley, AL 36535
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    • $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
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    • $19 SF/Yr
      1,950 SF

      Historic Downtown Foley Retail/Office Space

      Renovated retail or office space in historic downtown Foley.
      232 W Laurel Ave, Foley, AL 36535
      View Details
    • $20 SF/Yr
      1,492 SF

      Foley Square Retail Space Available

      Prime Foley, AL retail suite; 1,492 sq ft.
      2558 Mckenzie St, Foley, AL 36535
      View Details
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    223 Laurel Ave
    Foley, AL 36535
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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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