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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Retail space
254 Greeno S Rd Fairhope, AL 36532-1903
Entity Owned
4-yr Hold
Free & Clear
Property ID
US03-0770190
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Total area
12,096 SF
Lot
1.26 ac (54,886 SF)
APN
46-05-16-0-000-028.747
UPID
US03-0770190
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
-
CoziNest Antiques & Decor Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$880k
Owner & transaction history
Southern Antiques Accents LLC · 4 yrs held
Southern Antiques Accents LLC
since 2022
Last sale
$800,000
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
$930,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $800k (Jul 7 2022)
Last sale anchor
$800k
Jul 7 2022
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
$73 / 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
$10,517
Tax year 2023
Assessed value
$228,620
Assessed 2023
Previous assessed
$228,620
+0.0% YoY
Effective rate
4.60%
On assessed value
Assessed land
$111,240
Assessed improvement
$117,380
Land market value
$556,200
Improvement market value
$586,900
Total market value
$1,143,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
2
Bathrooms
2
Total area
12,096 SF
Lot
1.26 ac (54,886 SF)
APN
46-05-16-0-000-028.747
UPID
US03-0770190
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
1975
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
2
Bathrooms
2
Lot
1.26 ac
Current owner
From public records · entity-resolved
Southern Antiques Accents LLC
Entity
Free & Clear · 4 yrs held
Mailing address
254 GREENO RD S, FAIRHOPE, AL 36532-1903
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jul 7, 2022
—
Southern Antiques Accents LLC
Fairhope Single Tax Corporation
Lease
—
Jul 7, 2022
$800,000
Southern Antiques & Accents Lcl
Emewa Properties LLC
Warranty Deed
—
May 14, 2019
$500
Southern Antiques & Accents Ll
Menawa Properties LLC
Warranty Deed
related
—
Feb 20, 2018
$2,500
Menawa Properties LLC
Fairhope Single Tax Corp
Grant Deed
related
—
Feb 20, 2018
$250,000
Menawa Properties LLC
65 South LLC
Grant Deed
related
—
Feb 7, 2014
$250,000
Menawa Properties LLC
Mobley,j Steven
Grant Deed
related
$250,000 · Menawa Properties LLC
—
—
J Steven Mobley
—
Deed Of Trust
related
$800,000 · Servisfirst Bank
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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