Property profile

22848 State Hwy 59th S Robertsdale, AL 36567

OFF-MARKET
Office buildings
Property ID
US03-0540654
1,622 SF 0.63 ac lot Built 1940
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 1,622 SF
Lot 0.63 ac (27,443 SF)
APN 48-03-06-2-002-011
UPID US03-0540654

Cap rate & NOI

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

Location

22848 State Hwy 59th S Robertsdale, AL 36567-3254
Robertsdale metro Census 10908 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2023
Last sale
$325,000
3 recorded transactions
2023
$325,000
2018
$186,000
2006
$140,000

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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