Technical
Financial
Distress signals
Property profile

703 Mckenzie St Foley, AL 36535

OFF-MARKET
Retail space
Property ID
US03-1011148
2,496 SF 0.42 ac lot Built 1970
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial space configured to support drive-through restaurant use as well as general restaurant operations. It is located on Highway 59 in downtown Foley and has frontage along the highway with an average annual daily traffic count exceeding 27,100 vehicles. The property includes a pylon sign and a covered walkway, and the available space measures 2,400 square feet.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Total area 2,496 SF
Lot 0.42 ac (18,295 SF)
APN 54-09-29-1-000-003
UPID US03-1011148

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy

Location

703 Mckenzie St Foley, AL 36535-3542
Foley metro Census 11501 DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2007
$410,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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