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    Property profile & analytics

    4 Parma Dr Daphne, AL 36526-7444

    • Garden apartment buildings
    • 1,924 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Last Sale
    Feb 15, 2024
    $265,000
    Location Intelligence
    Property ID
    US03-0645350
    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

    • Garden apartment buildings

    Property Details for 4 Parma Dr

    Year built
    1987
    Lot size
    0.17 lot acres
    Property size
    1,924 SF
    Property type
    Garden apartment buildings
    APN
    43-03-06-0-003-002.071
    APU
    4303060003002071

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $355,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $380,000
      Mixed-Use
      $355,000
      Hospitality
      $355,000
      Educational
      $370,000
      Residential Income
      $280,000
      Energy
      $380,000
      Income-Based Land
      $320,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.9073
    Latitude
    30.6471
    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
    $722
    $1,960
    $16,800
    $18,760
    -
    $19,600
    $168,000
    $187,600

    Comparable in this City

    • Value Estimation by Request
      2,204 SF

      9 Parma Dr

      GARDEN APT, COURT APT (5+ UNITS) • 2,204 SF
      9 Parma Dr, Daphne, AL 36526-7443
      View Details
    • Value Estimation
      $255,000
      1,771 SF

      15 Parma Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,771 SF
      15 Parma Dr, Daphne, AL 36526-7443
      View Details
    • Value Estimation by Request
      1,950 SF

      18 Parma Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,950 SF
      18 Parma Dr, Daphne, AL 36526-7444
      View Details
    • Value Estimation by Request
      1,950 SF

      19 Parma Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,950 SF
      19 Parma Dr, Daphne, AL 36526-7443
      View Details
    • Value Estimation by Request
      2,036 SF

      14 Parma Dr

      GARDEN APT, COURT APT (5+ UNITS) • 2,036 SF
      14 Parma Dr, Daphne, AL 36526-7444
      View Details
    • Value Estimation by Request
      1,906 SF

      2 Parma Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,906 SF
      2 Parma Dr, Daphne, AL 36526-7444
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Prime Daphne location, high visibility, 4,014 sq ft available
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    • Contact for pricing
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      Prime Daphne location, 8,000 sq ft, build-to-suit.
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      Charming Daphne Office Space For Lease

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      High-traffic retail space, ideal for various uses.
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    • $18 SF/Yr
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      Daphne Office Space - Hwy 98

      4,304 SF Office Suite Available; NNN Lease
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      View Details
    • $80,000
      73,665 SF

      Daphne Commercial Land: Highway 181 Site

      Prime Daphne location, ±1.69 acres, ground lease or sale.
      26953 US-181, Daphne, AL 36526
      View Details
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    Daphne, AL 36526-7444
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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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