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    Property profile & analytics

    24847 Commercial Ave Orange Beach, AL 36561-3845

    • Banks
    • 6,462 SF
    • 1.35 lot acres
    OFF-MARKET
    Value Estimation
    $485,000
    Location Intelligence
    Property ID
    US03-3119500
    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

    • Bryant Bank / Savings Bank / Bank
    • Williamson Air Conditioning Company / Hvac Contractor
    • Pacific Plastics Int / Plastic Fabrication Company

    Property Details for 24847 Commercial Ave

    Year built
    1997
    Lot size
    1.35 lot acres
    Property size
    6,462 SF
    Property type
    Banks
    APN
    65-03-06-0-000-002.004
    APU
    6503060000002004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $535,000
      6.5%
      $515,000
      7%
      $625,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $515,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $505,000
      Retail
      $605,000
      Mixed-Use
      $615,000
      Hospitality
      $620,000
      Educational
      $615,000
      Residential Income
      $615,000
      Energy
      $630,000
      Income-Based Land
      $545,000
      Food Service
      $565,000

    Location Insight

    • Map
    • Local Demand
    City
    Orange Beach
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.5987
    Latitude
    30.2909
    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
    $15,812
    $162,500
    $331,640
    $494,140
    -
    $812,500
    $1,658,200
    $2,470,700

    Comparable in this City

    • Value Estimation
      $1,000,000
      8,766 SF

      25051 Canal Rd

      FINANCIAL BUILDING • 8,766 SF
      25051 Canal Rd, Orange Beach, AL 36561-3812
      View Details
    • Value Estimation
      $560,000
      3,799 SF

      25411 Perdido Bch Blvd

      FINANCIAL BUILDING • 3,799 SF
      25411 Perdido Bch Blvd, Orange Beach, AL 36561
      View Details
    • Value Estimation
      $640,000
      10,244 SF

      25556 Canal Rd

      FINANCIAL BUILDING • 10,244 SF
      25556 Canal Rd, Orange Beach, AL 36561
      View Details
    • Value Estimation
      $310,000
      2,487 SF

      24254 Canal Rd

      FINANCIAL BUILDING • 2,487 SF
      24254 Canal Rd, Orange Beach, AL 36561-5815
      View Details
    • Value Estimation
      $435,000
      3,949 SF

      4151 Orange Bch Blvd

      FINANCIAL BUILDING • 3,949 SF
      4151 Orange Bch Blvd, Orange Beach, AL 36561-3401
      View Details
    • Value Estimation
      $505,000
      4,382 SF

      4100 Orange Bch Blvd, Unit 1

      FINANCIAL BUILDING • 4,382 SF
      4100 Orange Bch Blvd, Orange Beach, AL 36561-3496
      View Details

    Similar Nearby for Sale

    • $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
    • $490,000
      1,500 SF

      Retail/Office Condo Near Marina

      Retail or office condo with high visibility and traffic counts.
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    • $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
    • $600,000
      0.46 Acres

      Residential Lots in Orange Beach

      Large double lot suitable for building a dream home.
      26313 Cotton Bayou Dr, Orange Beach, AL 36561
      View Details
    • $600,000
      0.11 Acres

      Orange Beach Residential Lot

      Residential lot in Orange Beach with no HOA.
      25122 Perdido Beach Blvd, Orange Beach, AL 36561
      View Details

    Similar Nearby for Lease

    • $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
      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
    • 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
    • $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
    • $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 36561-3845
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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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