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    Property profile & analytics

    2303 Mckenzie St Foley, AL 36535-3403

    • Turn key restaurants
    • 4,895 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Last Sale
    Mar 31, 2025
    Location Intelligence
    Property ID
    US03-0049299
    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

    • Mellow Mushroom Foley / Vegan Restaurant / Pizza Restaurant

    Property Details for 2303 Mckenzie St

    Year built
    2003
    Lot size
    0.78 lot acres
    Property size
    4,895 SF
    Property type
    Turn key restaurants
    APN
    61-02-04-2-001-006.002
    APU
    6102042001006002

    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
    -87.6824
    Latitude
    30.3802
    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
    $7,698
    $109,840
    $123,440
    $233,280
    -
    $549,200
    $617,200
    $1,166,400

    Comparable in this City

    • Value Estimation by Request
      480 SF

      215 Laurel Ave

      RESTAURANT • 480 SF
      215 Laurel Ave, Foley, AL 36535-2615
      View Details
    • Value Estimation by Request
      1,505 SF

      246 Laurel Ave

      RESTAURANT • 1,505 SF
      246 Laurel Ave, Foley, AL 36535-1919
      View Details
    • Value Estimation
      $125,000
      9,930 SF

      118 Laurel Ave

      RESTAURANT • 9,930 SF
      118 Laurel Ave, Foley, AL 36535-1967
      View Details
    • Value Estimation
      $285,000
      1,847 SF

      12615 Foley Bch Expy

      RESTAURANT • 1,847 SF
      12615 Foley Bch Expy, Foley, AL 36535-5495
      View Details
    • Value Estimation
      $430,000
      2,723 SF

      1350 Mckenzie St

      RESTAURANT • 2,723 SF
      1350 Mckenzie St, Foley, AL 36535-1723
      View Details
    • Value Estimation
      $525,000
      4,190 SF

      1010 Mckenzie St

      RESTAURANT • 4,190 SF
      1010 Mckenzie St, Foley, AL 36535-1815
      View Details

    Similar Nearby for Sale

    • $2,500,000
      7,900 SF

      301 Mckenzie St

      Restaurants • 7,900 SF
      301 Mckenzie St, Foley, AL 36535
      View Details
    • $4,073,000
      7,128 SF

      Established Restaurant Property For Sale

      Restaurant property with a long-term lease and expansion potential.
      3060 S Mckenzie St, Foley, AL 36535
      View Details
    • $2,500,000
      2,904 SF

      Hardee's Net Lease Retail Investment

      Foley, AL: Prime QSR location, high traffic.
      2935 S Mckenzie St, Foley, AL 36535
      View Details
    • $1,707,085
      23,208 SF

      Foley, AL Shrimp Basket Investment

      High-traffic, net-leased seafood restaurant.
      1500 S Mckenzie St, Foley, AL 36535
      View Details
    • $2,250,000
      14,000 SF

      Foley Strip Center Investment

      10-unit retail center, restaurant, storage
      21040 Miflin Rd, Foley, AL 36535
      View Details
    • $1,250,000
      12,000 SF

      Foley, AL Strip Center Investment

      High-traffic Hwy 59 location; 5 units, 12,000 SF.
      3800 S Mckenzie St, Foley, AL 36535
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      3,526 SF

      Restaurant Space For Lease

      Restaurant space available for lease, equipment available upon request.
      1145 S Mckenzie St, Foley, AL 36535
      View Details
    • $26 SF/Yr
      2,188 SF

      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
    • $18 SF/Yr
      219,888 SF

      Foley Square Retail Opportunity

      Prime Alabama retail space available. High traffic, strong demographics.
      2434 Mckenzie St, Foley, AL 36535
      View Details
    • $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
      View Details
    • $15 SF/Yr
      13,000 SF

      Foley Island Shopping Center Suites

      Mixed-use neighborhood center with suites for retail, office, medical.
      1103-1155 N Mckenzie St, Foley, AL 36535
      View Details
    • $28 SF/Yr
      11,984 SF

      New Foley Retail Strip Center

      Prime Foley location, 11,984 SF available
      915 Mckenzie St, Foley, AL 36535
      View Details
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    Foley, AL 36535-3403
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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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