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Property profile & analytics
OFF-MARKET
Office buildings
22731 State Hwy 59th S Robertsdale, AL 36567-3197
Entity Owned
12-yr Hold
Free & Clear
Property ID
US03-1805783
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Construction
WOOD
Total area
3,668 SF
Lot
0.43 ac (18,731 SF)
APN
48-03-06-2-003-012
UPID
US03-1805783
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Coastal Industrial Supply LLC · 12 yrs held
Coastal Industrial Supply LLC
since 2014
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 Robertsdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Robertsdale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,807
Tax year 2023
Assessed value
$50,200
Assessed 2023
Previous assessed
$50,200
+0.0% YoY
Effective rate
3.60%
On assessed value
Assessed land
$14,880
Assessed improvement
$35,320
Land market value
$74,400
Improvement market value
$176,600
Total market value
$251,000
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
9
Bathrooms
1
Total area
3,668 SF
Lot
0.43 ac (18,731 SF)
APN
48-03-06-2-003-012
UPID
US03-1805783
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
1963
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Coastal Industrial Supply LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 2469, ROBERTSDALE, AL 36567-2469
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2024
—
Coastal Industrial Supply LLC
—
Deed
related
$250,000 · Guilford J Barnard Etal
Jul 6, 2021
—
Coastal Industrial Supply LLC
—
Deed
related
$95,000 · Regions Bank
May 7, 2014
$15,000
Coastal Industrial Supply LLC
59 Venture LLC
Warranty Deed
—
Mar 26, 2013
—
59 Venture LLC
—
Trustees Deed
related
$110,000 · Merchants & Marine Bank
Apr 5, 2010
$65,000
59 Venture LLC
Regions Bk
Warranty Deed
—
Nov 5, 2008
—
Federal Home Loan Mtg Corp
Regions Bank
Grant Deed
related
—
Jul 2, 2008
$184,260
Regions Bank
Auctioneer Of Baldwin County
Trustees Deed
related
—
Dec 1, 2006
$235,000
Sterling Investment Props LLC
Waters,stan
Warranty Deed
$188,000 · Regions Bank
—
—
John M Sledge
—
Deed Of Trust
related
$100,000 · Guilford J & Marian E Barnard
—
—
59 Venture LLC
—
Deed Of Trust
related
$125,000 · Whitney National Bank
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.
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