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    Property profile & analytics

    400 Park Ave, Unit 1 Foley, AL 36535-1106

    • Apartment buildings
    • 8,883 SF
    • 11.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 16, 2021
    $22,600,000
    Location Intelligence
    Property ID
    US03-0631737
    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

    • O'Hara Inspectons / Home Inspector
    • Sarah Jane Photography / Photography Service
    • Omni Errand Services / Delivery Service / Taxi Service
    • Park Place at Foley / Apartment Building / Apartment Complex

    Property Details for 400 Park Ave

    Year built
    2000
    Lot size
    11.00 lot acres
    Property size
    8,883 SF
    Property type
    Apartment buildings
    APN
    61-03-05-4-001-014.002
    APU
    6103054001014002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6905
    Latitude
    30.3749
    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
    $116,901
    $0.00
    $3,542,440
    $3,542,440
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $385,000
      2,616 SF

      305 Rose Ave

      APARTMENT HOUSE (5+ UNITS) • 2,616 SF
      305 Rose Ave, Foley, AL 36535-2757
      View Details
    • Value Estimation
      $525,000
      4,118 SF

      614 Alston St

      APARTMENT HOUSE (5+ UNITS) • 4,118 SF
      614 Alston St, Foley, AL 36535-3506
      View Details
    • Value Estimation
      $235,000
      4,327 SF

      414 Azalea Ave

      APARTMENT HOUSE (5+ UNITS) • 4,327 SF
      414 Azalea Ave, Foley, AL 36535-1812
      View Details
    • Value Estimation
      $955,000
      13,677 SF

      19324 County Rd 20

      APARTMENT HOUSE (5+ UNITS) • 13,677 SF
      19324 County Rd 20, Foley, AL 36535-3425
      View Details
    • Value Estimation
      $615,000
      4,023 SF

      500 Greentree Ln

      APARTMENT HOUSE (5+ UNITS) • 4,023 SF
      500 Greentree Ln, Foley, AL 36535-4311
      View Details
    • Value Estimation by Request
      3,682 SF

      207 Orchid Ave

      APARTMENT HOUSE (5+ UNITS) • 3,682 SF
      207 Orchid Ave, Foley, AL 36535-2002
      View Details

    Similar Nearby for Sale

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      8,468 SF

      Foley Multifamily Investment Opportunity

      Ten remodeled apartment units near Highway 59 in Foley, Alabama.
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      Charming 6-unit building near downtown Foley, fully occupied.
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      3,743 SF

      Historic Foley 6-plex Investment

      Downtown Foley, 6-unit apartment building, high occupancy.
      531 Laurel Ave, Foley, AL 36535
      View Details
    • Contact for pricing
      34.76 Acres

      Foley, AL Multi-Family Development

      280-unit apartment complex, prime location
      12538 Bodenhamer Rd, Foley, AL 36535
      View Details
    • $97,500

      Improved RV Lot in Foley, AL

      North-facing, oversized pull-through RV lot with concrete pad and patio.
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      Oversized RV lot with casita in luxury resort.
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    Similar Nearby for Lease

    • $400 /Mo
      140 SF

      Foley Office Suite - 140 SF

      Affordable Foley office, perfect for small business.
      417 N Alston St, Foley, AL 36535
      View Details
    • $90,000
      48,787 SF

      Prime Foley Hwy 59 Outparcel

      1.12-acre ground lease, high traffic location.
      1884 S McKenzie St, Foley, AL 36535
      View Details
    • $26 SF/Yr
      1,449 SF

      Foley Square Retail Space Available

      1449 SF Retail Suite, High Traffic Area
      2558 Mckenzie St, Foley, AL 36535
      View Details
    • $1,500 /Mo

      10 Acre Commercial Land Lease

      Commercial land available for lease with frontage on Hwy 98.
      Barin Field Rd, Foley, AL 36535
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Center For Lease

      New retail center anchored by Publix on US Highway 98.
      22349 Us Highway 98, Foley, AL 36535
      View Details
    • $20 SF/Yr
      73,482 SF

      Foley Medical Office Space for Lease

      Prime Medical Office, 5,000 SF Available
      1801 Mckenzie St, Foley, AL 36535
      View Details
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    400 Park Ave, Unit 1
    Foley, AL 36535-1106
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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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