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    Property profile & analytics

    2630 Mckenzie St Foley, AL 36535-3408

    • Turn key restaurants
    • 5,367 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Location Intelligence
    Property ID
    US03-0459435
    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

    • Jade Garden Chinese Buffet Restaurant / Chinese Restaurant / Buffet Restaurant

    Property Details for 2630 Mckenzie St

    Year built
    1991
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.56 lot acres
    Property size
    5,367 SF
    Property type
    Turn key restaurants
    APN
    61-03-05-4-001-006
    APU
    6103054001006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $565,000
      6.5%
      $535,000
      7%
      $625,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $555,000
      Geo Method
      $605,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $475,000
      Retail
      $535,000
      Mixed-Use
      $475,000
      Hospitality
      $515,000
      Educational
      $605,000
      Residential Income
      $475,000
      Energy
      $525,000
      Income-Based Land
      $470,000
      Food Service
      $475,000

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6841
    Latitude
    30.3765
    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
    $10,805
    $197,880
    $129,540
    $327,420
    -
    $989,400
    $647,700
    $1,637,100

    Comparable in this City

    • Value Estimation by Request
      1,540 SF

      11487 County Rd 65

      RESTAURANT • 1,540 SF
      11487 County Rd 65, Foley, AL 36535-4175
      View Details
    • Value Estimation
      $1,205,000
      6,325 SF

      1605 Mckenzie St

      RESTAURANT • 6,325 SF
      1605 Mckenzie St, Foley, AL 36535-1728
      View Details
    • Value Estimation
      $255,000
      4,228 SF

      306 Laurel Ave

      RESTAURANT • 4,228 SF
      306 Laurel Ave, Foley, AL 36535-2618
      View Details
    • Value Estimation
      $330,000
      4,381 SF

      2770 Mckenzie St

      RESTAURANT • 4,381 SF
      2770 Mckenzie St, Foley, AL 36535-3410
      View Details
    • Value Estimation
      $390,000
      796 SF

      3205 Mckenzie St

      RESTAURANT • 796 SF
      3205 Mckenzie St, Foley, AL 36535-3791
      View Details
    • Value Estimation
      $315,000
      2,667 SF

      1500 Mckenzie St

      RESTAURANT • 2,667 SF
      1500 Mckenzie St, Foley, AL 36535-1727
      View Details

    Similar Nearby for Sale

    • $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
    • $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
    • $2,500,000
      3,042 SF

      Freestanding Hardee's Restaurant For Sale

      Excellent Hardee’s restaurant with drive-through in a high-traffic location.
      2935 S Mckenzie St, Foley, AL 36535
      View Details
    • $2,500,000
      7,900 SF

      301 Mckenzie St

      Restaurants • 7,900 SF
      301 Mckenzie St, Foley, AL 36535
      View Details

    Similar Nearby for Lease

    • $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
    • $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
    • $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
    • $5,000 /Mo
      91,476 SF

      Foley Retail Space on Highway

      Metal building on 2.1 acres near Baldwin Beach Express.
      21289 Us Highway 98, Foley, AL 36535
      View Details
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    Foley, AL 36535-3408
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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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