Property profile

301 Us Hwy 31 Bay Minette, AL 36507

OFF-MARKET
Office buildings
Property ID
US03-0451948
4,895 SF 0.56 ac lot Built 1965
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Total area 4,895 SF
Lot 0.56 ac (24,394 SF)
APN 23-05-16-3-001-050.001
UPID US03-0451948

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

301 Us Hwy 31 Bay Minette, AL 36507-2823
Bay Minette metro Census 10600 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$727k
Blend (final) Blend
$595k

Owner & transaction history

since 2011
1 recorded transaction
2011
$150,000

Zoning & alternative use

Top alternative use upside
Medical building $955,000 +7.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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