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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
Last sale Jun 2007 · $410,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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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.

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?
$2k
Tax billed · 2023
Assessed value$64k
Assessed land$42k
Assessed improvement$23k
Effective rate3.34%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$171/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$101 – $318
Qualifying comparables9

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.5
Watch Repair Shop8.7
Convenience Store8.6

Location

703 Mckenzie St Foley, AL 36535-3542
County assessor Recorded deeds · 2 transfers 9 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21770 Us Hwy 98, Foley, AL 36535-4309 $795,000 Mar 2025 4,721 SF
2300 Mckenzie, Foley, AL 36535-1710 $825,000 Oct 2024 3,724 SF
17960 Us Hwy 98, Foley, AL 36535-9490 $750,000 Sep 2024 2,869 SF
3151 Mckenzie, Foley, AL 36535-3701 $2,832,367 Aug 2023 4,173 SF
8465 State Hwy 59, Foley, AL 36535-3832 $460,000 Jun 2023 4,209 SF
14906 Us Hwy 98, Foley, AL 36535-8444 $470,000 Nov 2022 1,911 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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