Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces
615 Wynn Rd 2 Summerdale, AL 36580-3588
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US03-0588263
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2003
Total area
14,140 SF
Lot
1.13 ac (49,110 SF)
APN
48-09-31-2-000-001.010
UPID
US03-0588263
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Gulf Coast Draperies (Bike/Boat/Book/etc) Store Home Decor Store
-
Kimberly Steel Factory Production Facility
-
Gulf South Metals Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mhcj LLC · 1 yrs held
Mhcj LLC
since 2024
Last sale
$399,601
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Summerdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerdale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,866
Tax year 2023
Assessed value
$117,160
Assessed 2023
Previous assessed
$117,160
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$360
Assessed improvement
$116,800
Land market value
$3,473
Improvement market value
$1,126,927
Total market value
$1,130,400
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Bathrooms
2
Total area
14,140 SF
Lot
1.13 ac (49,110 SF)
APN
48-09-31-2-000-001.010
UPID
US03-0588263
Jurisdiction
BALDWIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
1.13 ac
Current owner
From public records · entity-resolved
Mhcj LLC
Entity
Mailing address
615 WYNN RD, SUMMERDALE, AL 36580-3588
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2024
$399,601
Mhcj LLC
Gulf South Metals LLC
Warranty Deed
$399,601 · Citizens Bank INC
Oct 22, 2019
—
Gulf South Metals LLC
—
Deed
related
$476,000 · Citizens Bank INC
Mar 11, 2019
$118,500
Gulf South Metals LLC
Head R L SR & M E L/tr
Grant Deed
—
Aug 31, 2011
$300,000
Head R L S & M E Living Trust
Head,ronnie L SR
Warranty Deed
related
—
Sep 29, 2004
$410,500
Ronnie L Head SR.
Heads Heating & Air Condition
Warranty Deed
related
—
—
—
Head,ronnie L SR & Mary E Trust
—
Deed Of Trust
related
$175,000 · Baybank
—
—
Head,ronnie L & Mary E Trust
—
Deed Of Trust
related
$175,000 · Baybank
—
—
Head,ronnie L SR & Mary E Trust
—
Deed Of Trust
related
$175,000 · Baybank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 615 Wynn Rd, Unit 2?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
