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Financial
Distress signals
Property profile

61 Section St Fairhope, AL 36532

OFF-MARKET
Turn key restaurants
Property ID
US03-0827360
3,128 SF 0.06 ac lot Built 1975
Last sale Oct 2010 · $337,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Restaurant property in downtown Fairhope, Alabama at 61 N Section St, within the downtown commercial area, with an approximate total size of 3,080± square feet. The interior layout includes a main dining area with guest restrooms, approximately 700± square feet of commercial kitchen space, and approximately 270± square feet of heated and cooled dry storage on an upper level. A further approximately 120± square foot office includes a full bathroom with a toilet and shower and may also function…

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?
$7k
Tax billed · 2023
Assessed value$147k
Assessed land$96k
Assessed improvement$51k
Effective rate4.60%

Value estimate

· Oct 2026
$345k
$311k – $380k
AI approach$345k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$305/SF
County average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$118 – $490
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop13.1
Parking Facility11.0
Dental Office10.8

Location

61 Section St Fairhope, AL 36532-2215
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9111 Us Hwy 98, Fairhope, AL 36532-5822 $370,000 Nov 2024 3,271 SF
505 Fairhope, Fairhope, AL 36532-2111 $1,500,000 May 2024 3,139 SF
22772 Us Hwy 98, Fairhope, AL 36532-6372 $3,000,000 Feb 2024 3,408 SF
411 Fairhope, Fairhope, AL 36532-2109 $850,000 Oct 2023 3,345 SF
18951 State Hwy 181, Fairhope, AL 36532 $1,250,000 Sep 2023 3,073 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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