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Property profile & analytics
FOR LEASE
Office buildings
25 Spring Run Dr Fairhope, AL 36532
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US03-0153730
For Lease
1 / 2
$35 SF/Yr
25 Spring Run Dr, Fairhope, AL 36532
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
WOOD
Total area
4,353 SF
Lot
0.48 ac (20,909 SF)
APN
46-05-21-0-000-010.079
UPID
US03-0153730
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
-
Selisa L. Helvacioglu, CRNP Physician
-
Fletcher Petroleum Gas Station
-
Boswell Penny Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$835k
Comparable Approach
Comparable
$490k
Blend (final)
Blend
$635k
Owner & transaction history
Rue Royal Prop Ventures LLC · 10 yrs held
Rue Royal Prop Ventures LLC
since 2016
7 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 Fairhope submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairhope 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$905,000
6.5%
$835,000
7%
$775,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,030,000
Current use
MEDICAL BUILDING
$850,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
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
$146 / 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
$6,664
Tax year 2023
Assessed value
$144,860
Assessed 2023
Previous assessed
$144,860
+0.0% YoY
Effective rate
4.60%
On assessed value
Assessed land
$43,700
Assessed improvement
$101,160
Land market value
$218,500
Improvement market value
$505,800
Total market value
$724,300
Applied tax rate
63.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2001
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
2
Total area
4,353 SF
Lot
0.48 ac (20,909 SF)
APN
46-05-21-0-000-010.079
UPID
US03-0153730
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$850,000
OFFICE BUILDING Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Rue Royal Prop Ventures LLC
Entity
Mailing address
13621 RUE ROYAL LN, SILVERHILL, AL 36576-3248
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2018
—
Rue Royal Prop Ventures LLC
—
Deed
related
$480,000 · Smartbank
Feb 19, 2016
$1,157,500
Rue Royal Prop Ventures LLC
Rue Royal Minerals LLC
Warranty Deed
—
Jun 1, 2015
$475,000
Rue Royal Minerals LLC
Helvacioglu Ahmet
Warranty Deed
—
—
—
Ahmet Helvacioglu
—
Deed Of Trust
related
$350,000 · Compass Bank
—
—
Ahmet Helvacioglu
—
Deed Of Trust
related
$214,500 · Trustmark National Bank
—
—
Rue Royal Prop Ventures LLC
—
Deed Of Trust
related
$480,000 · Smartbank
—
—
Ahmet Helvacioglu
—
Deed Of Trust
related
$365,000 · Wachovia Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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