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Property profile & analytics
OFF-MARKET
Estimated value
$3,050,000
Investment properties
3044 Mckenzie St Foley, AL 36535-3460
Entity Owned
8-yr Hold
Free & Clear
Property ID
US03-0142608
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2001
Total area
21,420 SF
Lot
1.72 ac (74,923 SF)
APN
61-03-08-1-001-001
UPID
US03-0142608
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
-
Coinhub Bitcoin ATM Teller Atm
-
Office Depot (Bike/Boat/Book/etc) Store
-
Office Depot Print & Copy Services (Bike/Boat/Book/etc) Store Printing Service
-
Office Depot Tech Services Tech Support Center IT Consulting Firm
-
FedEx ShipSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.06M
Comparable Approach
Comparable
$3.42M
Blend (final)
Blend
$3.05M
Owner & transaction history
J B Levert Land Co LLC · 8 yrs held
J B Levert Land Co LLC
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.2M
+56.4%
Retail stores
$3.7M
+36.5%
Office building
$3.4M
+27.3%
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 Foley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Foley 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%
$3,305,000
6.5%
$3,055,000
7%
$2,835,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,680,000
Current use
MEDICAL BUILDING
$4,190,000
Change: +56% · Conversion: Easy
RETAIL STORES
$3,655,000
Change: +37% · Conversion: Easy
OFFICE BUILDING
$3,410,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$3.05M
Range $2.75M – $3.36M · ±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
$142 / 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
$21,655
Tax year 2023
Assessed value
$656,200
Assessed 2023
Previous assessed
$656,200
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$242,360
Assessed improvement
$413,840
Land market value
$1,211,800
Improvement market value
$2,069,200
Total market value
$3,281,000
Applied tax rate
7.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2001
Heating
OTHER
Cooling
AC.PACKAGE
Stories
1
Total area
21,420 SF
Lot
1.72 ac (74,923 SF)
APN
61-03-08-1-001-001
UPID
US03-0142608
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
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$4.2M
RETAIL STORES
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.4M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
OFFICE 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
Heating
OTHER
Cooling
Yes
Stories
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
J B Levert Land Co LLC
Entity
Free & Clear · 8 yrs held
Mailing address
3540 S I 10TH SERVICE RD W STE #250, METAIRIE, LA 70001-1976
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2017
—
Levert-st John LLC
—
Deed
related
$400,000 · Whitney Bk
Aug 1, 2017
$3,040,000
J B Levert Land Co LLC
Foley Partners LLC
Warranty Deed
—
Nov 14, 2016
$2,200,000
Foley Partners LLC
Schmieding Foundation INC
Warranty Deed
$1,400,000 · American Bk/mo
Dec 30, 2011
$2,167,000
Schmieding Ents INC
M & S Properties
Warranty Deed
—
—
—
Levert-st John LLC
—
Deed Of Trust
related
$400,000 · Whitney Bk
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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