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    Property profile & analytics

    33516 Us Hwy 31 Spanish Fort, AL 36527-5780

    • Office buildings
    • 2,321 SF
    • 12.00 lot acres
    OFF-MARKET
    Value Estimation
    $1,135,000
    Last Sale
    Dec 18, 2024
    $2,300,000
    Location Intelligence
    Property ID
    US03-3095413
    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

    • Office buildings

    Property Details for 33516 Us Hwy 31

    Year built
    1996
    Lot size
    12.00 lot acres
    Property size
    2,321 SF
    Property type
    Office buildings
    APN
    33-03-07-0-000-005
    APU
    3303070000005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,165,000

    • CAP approach

      CAP return
      Estimation
      6%
      $960,000
      6.5%
      $1,040,000
      7%
      $975,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $885,000
      Geo Method
      $975,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,190,000
      Retail
      $1,215,000
      Mixed-Use
      $1,010,000
      Hospitality
      $1,035,000
      Educational
      $1,105,000
      Residential Income
      $1,220,000
      Energy
      $1,195,000
      Income-Based Land
      $1,165,000
      Food Service
      $990,000

    Location Insight

    • Map
    • Local Demand
    City
    Spanish Fort
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8033
    Latitude
    30.7125
    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
    $3,503
    $44,300
    $69,440
    $113,740
    -
    $221,500
    $347,200
    $568,700

    Comparable in this City

    • Value Estimation by Request
      3,407 SF

      7581 Spanish Ft Blvd

      OFFICE BUILDING • 3,407 SF
      7581 Spanish Ft Blvd, Spanish Fort, AL 36527-5317
      View Details
    • Value Estimation by Request
      4,401 SF

      9789 Timber Cir

      OFFICE BUILDING • 4,401 SF
      9789 Timber Cir, Spanish Fort, AL 36527-5459
      View Details
    • Value Estimation by Request
      1,168 SF

      7870 Spanish Ft Blvd

      OFFICE BUILDING • 1,168 SF
      7870 Spanish Ft Blvd, Spanish Fort, AL 36527-5342
      View Details
    • Value Estimation
      $415,000
      8,205 SF

      30421 State Hwy 181

      OFFICE BUILDING • 8,205 SF
      30421 State Hwy 181, Daphne, AL 36527-5669
      View Details
    • Value Estimation
      $480,000
      1,664 SF

      8531 Spanish Ft Blvd

      OFFICE BUILDING • 1,664 SF
      8531 Spanish Ft Blvd, Spanish Fort, AL 36527-6200
      View Details
    • Value Estimation
      $535,000
      1,573 SF

      7626 Spanish Ft Blvd

      OFFICE BUILDING • 1,573 SF
      7626 Spanish Ft Blvd, Spanish Fort, AL 36527-5376
      View Details

    Similar Nearby for Sale

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      Commercial Building in Spanish Fort

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      Residential Lots in Spanish Fort

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      Residential Lot in Spanish Fort

      Residential lot available in Spanish Fort, Alabama's Stillwater community.
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    • Contact for pricing
      0.36 Acres

      Residential Lot in Spanish Fort

      Residential lot available in Spanish Fort, Alabama's Stillwater community.
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      Residential Lot in Blakeley Forest

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      Last lot available in sought-after Saluda Ridge community.
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    Similar Nearby for Lease

    • $2,800 /Mo
      1,600 SF

      Spanish Fort Office/Retail Space

      1600 SF, High-Visibility Location, Modified Gross Lease
      8531 Spanish Fort Blvd, Spanish Fort, AL 36527
      View Details
    • $24 SF/Yr
      4,000 SF

      Spanish Fort Office Space Available

      High-visibility office space for lease in Spanish Fort, AL.
      30179 Eastern Shore Ct, Spanish Fort, AL 36527
      View Details
    • $18 SF/Yr
      2,989 SF

      Spanish Fort Office Suite - Available Now

      Prime Spanish Fort office space, 2,989 sq ft.
      7884 Spanish Fort Blvd, Spanish Fort, AL 36527
      View Details
    • $1,500 /Mo
      800 SF

      Spanish Fort Office/Retail Space

      800 sq ft, prime location, three suites available.
      8531 Spanish Fort Blvd, Spanish Fort, AL 36527
      View Details
    • $1,100 /Mo
      104 SF

      Spanish Fort Office Space For Lease

      104 sq ft furnished/unfurnished office; all utilities included.
      7817 Spanish Fort Blvd, Spanish Fort, AL 36527
      View Details
    • $24 SF/Yr
      4,399 SF

      Spanish Fort Office Space For Lease

      Prime Office, 4399 SF, Highway 181
      29891 Woodrow Ln, Daphne, AL 36527
      View Details
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    Spanish Fort, AL 36527-5780
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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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