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Property profile

531 W Laurel Ave Foley, AL 36535

FOR SALE
Other apartment buildings
Property ID
US03-0974824
4,205 SF 0.59 ac lot Built 1925
Last sale Feb 2018 · $352,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years.
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Property summary

AI-generated overview

The property at 531 W Laurel Avenue in Foley is a 3,743-square-foot, six-unit multifamily building on a 0.59-acre lot, constructed in 1925 and renovated in 2018 with updates including electrical, plumbing, sprinkler, and smoke detector systems. It contains six one-bedroom, one-bathroom apartments, with five units on the main floor and one unit upstairs; each unit has its own kitchen and an individual mini-split heating and air-conditioning system. Shared facilities include coin-operated laundry…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$84k
Assessed land$15k
Assessed improvement$69k
Effective rate3.30%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$325k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$3k
Operating expenses−$25k
NOI · 4.49% cap applied$31k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$307/SF
County average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$128 – $801

Cap rate analysis

How does the asset earn?
4.49%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBALDWIN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.4
Convenience Store9.4
Smoke and Vape Shop9.1

Location

531 W Laurel Ave Foley, AL 36535
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
605 Azalea, Foley, AL 36535-3250 $300,000 Aug 2023 2,705 SF
611 Azalea, Foley, AL 36535-3252 $300,000 Aug 2023 2,700 SF
1648 Pne, Foley, AL 36535-2220 $1,050,000 Feb 2023 6,913 SF
414 Azalea, Foley, AL 36535-1812 $215,000 Nov 2022 4,327 SF
614 Alston, Foley, AL 36535-3506 $475,000 Oct 2022 4,118 SF
610 Eastgate, Foley, AL 36535-3341 $230,000 Jan 2019 3,780 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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