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    Property profile & analytics

    24281 Perdido Bch Blvd Orange Beach, AL 36561-3057

    • Turn key restaurants
    • 6,542 SF
    • 5.70 lot acres
    OFF-MARKET
    Value Estimation
    $2,710,000
    Last Sale
    Jun 30, 2025
    $2,999,000
    Location Intelligence
    Property ID
    US03-0521409
    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

    • Live Bait Restaurant / American Restaurant / Cocktail Bar
    • Live Bait Night Club / Night Club / Dance Club
    • Sharky’s / Seafood Restaurant
    • ATM / Atm

    Property Details for 24281 Perdido Bch Blvd

    Year built
    1993
    Lot size
    5.70 lot acres
    Property size
    6,542 SF
    Property type
    Turn key restaurants
    APN
    65-04-18-0-000-004
    APU
    6504180000004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,560,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,985,000
      6.5%
      $2,730,000
      7%
      $3,260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,250,000
      Geo Method
      $3,235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,200,000
      Retail
      $2,810,000
      Mixed-Use
      $2,805,000
      Hospitality
      $3,615,000
      Educational
      $3,495,000
      Residential Income
      $2,850,000
      Energy
      $3,525,000
      Income-Based Land
      $2,680,000
      Food Service
      $2,795,000

    Location Insight

    • Map
    • Local Demand
    City
    Orange Beach
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6102
    Latitude
    30.2662
    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
    $22,532
    $283,560
    $395,400
    $678,960
    -
    $1,417,800
    $1,977,000
    $3,394,800

    Comparable in this City

    • Value Estimation
      $395,000
      3,760 SF

      22641 Canal Rd

      RESTAURANT • 3,760 SF
      22641 Canal Rd, Orange Beach, AL 36561-3825
      View Details
    • Value Estimation
      $800,000
      1,189 SF

      4171 Orange Bch Blvd

      RESTAURANT • 1,189 SF
      4171 Orange Bch Blvd, Orange Beach, AL 36561-3441
      View Details
    • Value Estimation by Request
      15,408 SF

      28099 Perdido Bch Blvd

      RESTAURANT • 15,408 SF
      28099 Perdido Bch Blvd, Orange Beach, AL 36561-3243
      View Details
    • Value Estimation
      $460,000
      3,913 SF

      24705 Gulf Bay Rd

      RESTAURANT • 3,913 SF
      24705 Gulf Bay Rd, Orange Beach, AL 36561
      View Details
    • Value Estimation
      $700,000
      5,602 SF

      24151 Perdido Bch Blvd

      RESTAURANT • 5,602 SF
      24151 Perdido Bch Blvd, Orange Beach, AL 36561-6003
      View Details
    • Value Estimation
      $925,000
      6,019 SF

      24221 Perdido Bch Blvd

      RESTAURANT • 6,019 SF
      24221 Perdido Bch Blvd, Orange Beach, AL 36561-3057
      View Details

    Similar Nearby for Sale

    • $1,650,000
      8,226 SF

      Orange Beach Commercial Building For Sale

      High-traffic location, 6,390+ sq ft, .84 acres
      27121 Canal Rd, Orange Beach, AL 36561
      View Details
    • $125,000
      2,170 SF

      Turn-Key Smart Bar Opportunity

      Smart Bar in The Wharf with 39 beers on tap.
      4851 Wharf Pkwy, Orange Beach, AL 36561
      View Details
    • $490,000
      1,500 SF

      Retail/Office Condo Near Marina

      Retail or office condo with high visibility and traffic counts.
      27250 Perdido Beach Blvd, Orange Beach, AL 36561
      View Details
    • $4,750,000
      0.44 Acres

      Prime Perdido Beach Blvd Frontage

      Vacant land and retail centers on Perdido Beach Blvd.
      25122 Perdido Beach Blvd, Orange Beach, AL 36561
      View Details
    • $600,000
      0.11 Acres

      Residential Lots Orange Beach, AL

      Residential lots for sale in the heart of Orange Beach.
      25122 Perdido Beach Blvd, Orange Beach, AL 36561
      View Details
    • $439,000

      RV Lot with Outdoor Kitchen

      Luxury RV lot at Buena Vista Motor Coach Resort.
      23601 Perdido Beach Blvd, Orange Beach, AL 36561
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    Similar Nearby for Lease

    • $23 SF/Yr
      7,900 SF

      Turn-Key Restaurant Space Available

      Fully equipped 7,900 SF restaurant space in prime location.
      22703 Perdido Beach Blvd, Orange Beach, AL 36561
      View Details
    • $8,800 /Mo
      2,314 SF

      Orange Beach Retail Space - Prime Location

      Beachfront retail condo, 2314 sq ft, ideal for restaurant.
      27269 Perdido Beach Blvd, Orange Beach, AL 36561
      View Details
    • Contact for pricing
      417,720 SF

      The Wharf: Prime Office Space

      Gulf Coast Office, 104 sq ft Available
      23101 Canal Rd, Orange Beach, AL 36561
      View Details
    • Contact for pricing
      5,497 SF

      Prime Retail Space in Orange Beach

      High-visibility retail space in the heart of Orange Beach, AL.
      25601 Perdido Beach Blvd, Orange Beach, AL 36561
      View Details
    • $25 SF/Yr
      5,459 SF

      Orange Beach Office Space For Lease

      Prime 5,459 SF office, Perdido Beach Blvd.
      24951 Perdido Beach Blvd, Orange Beach, AL 36561
      View Details
    • $12,500 /Mo
      2,874 SF

      Orange Beach Office Space for Lease

      Prime location, 2874 sq ft, $12,500/month
      25239 Perdido Beach Blvd, Orange Beach, AL 36561
      View Details
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    Orange Beach, AL 36561-3057
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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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