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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Grocery and convenience stores
2300 Mckenzie St, Foley, AL 36535-1710
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US03-3032689
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Total area
3,724 SF
Lot
1.2 ac (52,272 SF)
APN
61-03-05-1-001-009
UPID
US03-3032689
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
Current use
Occupant on record · Public records
-
Bebo's Express Car Wash- Foley Car Wash
-
Shell Gas Station
-
Legacy Carwash and detailing Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$825k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$825k
Owner & transaction history
Vdm Bama Bama One LLC · 1 yrs held
Vdm Bama Bama One LLC
since 2024
Last sale
$825,000
3 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 Foley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Foley 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
Method
Estimation
Statistic approach
$825,000
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Blend value · Realmo final
$825k
Range $743k – $908k · ±10% · vs last sale $825k (Oct 24 2024)
Last sale anchor
$825k
Oct 24 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$222 / SF
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
$15,337
Tax year 2023
Assessed value
$464,760
Assessed 2023
Previous assessed
$464,760
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$188,740
Assessed improvement
$276,020
Land market value
$1,004,453
Improvement market value
$1,468,947
Total market value
$2,473,400
Applied tax rate
7.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Bathrooms
2
Total area
3,724 SF
Lot
1.2 ac (52,272 SF)
APN
61-03-05-1-001-009
UPID
US03-3032689
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
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
1.2 ac
Current owner
From public records · entity-resolved
Vdm Bama Bama One LLC
Entity
Mailing address
2300 S MCKENZIE ST, FOLEY, AL 36535-1710
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2024
$825,000
Vdm Bama Bama One LLC
Cjs Checkers Foley LLC
Special Warranty Deed
$983,000 · Fairwinds Cu
Jan 20, 2023
$2,500,000
Sai Sharan LLC
Bebos Express No 2 INC
Warranty Deed
$2,000,000 · First Community Bank Of Central Ala
Aug 5, 2022
—
Cjs Checkers Foley LLC
—
Deed
related
$22,976,000 · City National Bank Of Florida
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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