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    Property profile & analytics

    6611 Pinehill Rd Daphne, AL 36526-5225

    • Medical offices
    • 2,592 SF
    • 0.28 lot acres
    OFF-MARKET
    Last Sale
    Apr 22, 2022
    $390,000
    Value Estimations
    $460,000
    Show details
    Cap Rate Potential
    6.8%
    Medical offices
    Location Intelligence
    Property ID
    US03-1547655
    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

    • Rogers Dean DDS / Endodontist
    • Pure Beauty Lounge Sugar Studio & Spa / Hair Removal Service / Facial Spa

    Property Details for 6611 Pinehill Rd

    Year built
    2005
    Lot size
    0.28 lot acres
    Property size
    2,592 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    43-03-71-0-005-005
    APU
    4303710005005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $455,000
      ML approach
      $450,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $515,000
      6.5%
      $475,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $538,000
      Market price range: $397k - $706k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Daphne
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.9099
    Latitude
    30.6367
    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
    $4,396
    $21,180
    $72,960
    $94,140
    -
    $105,900
    $364,800
    $470,700

    Comparable in this City

    • Value Estimation
      $630,000
      23,504 SF

      29487 State Hwy 181

      MEDICAL BUILDING • 23,504 SF
      29487 State Hwy 181, Daphne, AL 36526-6581
      View Details
    • Value Estimation
      $330,000
      6,079 SF

      28490 2nd St

      MEDICAL BUILDING • 6,079 SF
      28490 2nd St, Daphne, AL 36526-7150
      View Details
    • Value Estimation
      $325,000
      4,828 SF

      26125 Capital Dr

      MEDICAL BUILDING • 4,828 SF
      26125 Capital Dr, Daphne, AL 36526-6195
      View Details
    • Value Estimation
      $405,000
      6,940 SF

      8725 County Rd 64

      MEDICAL BUILDING • 6,940 SF
      8725 County Rd 64, Daphne, AL 36526-6061
      View Details
    • Value Estimation
      $325,000
      2,287 SF

      1281 Main St

      MEDICAL BUILDING • 2,287 SF
      1281 Main St, Daphne, AL 36526-4420
      View Details
    • Value Estimation
      $330,000
      3,014 SF

      Professional Pl

      MEDICAL BUILDING • 3,014 SF
      Professional Pl, Daphne, AL 36526
      View Details

    Similar Nearby for Sale

    • $1,900,000
      1.20 Acres

      Daphne Medical Office Building

      Prime Medical Office, Excellent Location
      6631 Park Dr, Daphne, AL 36526
      View Details
    • $2,159,000
      9,459 SF

      Daphne Medical Office Building

      Fully leased medical office building in the heart of Daphne.
      27880 N Main St, Daphne, AL 36526
      View Details
    • $2,000,000
      14,837 SF

      Two-Story Medical Office Building

      Medical office building near highway and residential area.
      6631 Park Dr, Daphne, AL 36526
      View Details
    • $2,200,000
      22,039 SF

      Daphne Office Building - 19,945 SF

      Turn-key office building, ideal for Eastern Shore business.
      25366 Profit Dr, Daphne, AL 36526
      View Details
    • $2,200,000
      19,945 SF

      Daphne Office Building: Prime Location

      19,945 SF Office, $2.2M, Excellent Condition
      25366 Profit Dr, Daphne, AL 36526
      View Details
    • $2,200,000
      19,945 SF

      Daphne Business Park Office Building

      19,945 SF office building in Daphne Business Park.
      25366 Profit Dr, Daphne, AL 36526
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      7,200 SF

      Malbis Build-to-Suit Opportunity

      7,200 SF build-to-suit opportunity in a high-growth area.
      Papageorge St, Daphne, AL 36526
      View Details
    • $180 SF/Yr
      350 SF

      Daphne Medical Office Suite

      350 sq ft Single-Tenant Medical Office
      101b Villa Dr, Daphne, AL 36526
      View Details
    • $2,100 /Mo
      630 SF

      Charming Daphne Office Space For Lease

      Downtown Daphne office, fully furnished, great location.
      1695 Guarisco St, Daphne, AL 36526
      View Details
    • $14 SF/Yr
      1,400 SF

      Daphne Retail Space - Hwy 98

      High-traffic retail space, ideal for various uses.
      28080 US-98, Daphne, AL 36526
      View Details
    • $18 SF/Yr
      4,304 SF

      Daphne Office Space - Hwy 98

      4,304 SF Office Suite Available; NNN Lease
      6451 Merritt Blvd, Daphne, AL 36526
      View Details
    • $21 SF/Yr
      8,600 SF

      Daphne Retail Space For Lease

      Prime Daphne location, 1800 sq ft available.
      2020 Us Highway 98, Daphne, AL 36526
      View Details
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    6611 Pinehill Rd
    Daphne, AL 36526-5225
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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