Technical
Financial
Distress signals
Property profile

22811 Us Hwy 98 Fairhope, AL 36532

OFF-MARKET
Office buildings
Property ID
US03-0609486
3,111 SF 0.52 ac lot Built 1972
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Total area 3,111 SF
Lot 0.52 ac (22,651 SF)
APN 46-03-05-0-000-015.002
UPID US03-0609486

Cap rate & NOI

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

Location

22811 Us Hwy 98 Fairhope, AL 36532-3486
Fairhope metro Census 10800 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
$595k
Comparable Approach Comparable
$708k
Blend (final) Blend
$665k

Owner & transaction history

since 2021
Last sale
$490,000
7 recorded transactions
2021
Price N/A
2021
$490,000
2018
$445,000
2013
$322,500
2006
$398,000
1969
Price N/A
1969
Price N/A

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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