Financial
Distress signals
Property profile

801 Us Highway 31 Bay Minette, AL 36507

FOR LEASE
Other retail properties
Property ID
US03-1197799
3,299 SF 15 ac lot Built 1980
Last sale May 2023 · $4,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 115,424-square-foot industrial warehouse located in Bay Minette, Alabama, within Baldwin County. The building provides ceiling heights ranging from 24 to 42 feet and includes 14 dock-high loading doors for vehicle access and loading operations. The space is configured for industrial warehousing uses and can accommodate a range of tenant requirements, with public warehousing services available as an additional option.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value$640k
Assessed land$94k
Assessed improvement$546k
Effective rate4.38%

Value estimate

· Sep 2026
$4.95M
$4.45M – $5.44M
AI approach$4.36M
NOI build-up
Gross scheduled income$670k
Vacancy & credit loss−$35k
Operating expenses−$190k
NOI · 14,811.57% cap applied$444k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$131/SF
County average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$73 – $253
Qualifying comparables5

Cap rate analysis

How does the asset earn?
14,811.57%
$444k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.3
Parking Facility10.6
Kitchen & Bath9.9

Location

801 Us Highway 31 Bay Minette, AL 36507
County assessor Recorded deeds · 3 transfers 5 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Hoyle, Bay Minette, AL 36507-4828 $304,000 May 2024 2,924 SF
1605 Hand, Bay Minette, AL 36507-4910 $1,590,000 Feb 2024 3,448 SF
16 Hand, Bay Minette, AL 36507-4824 $500,000 Aug 2023 4,320 SF
1205 Us Hwy 31, Bay Minette, AL 36507-2710 $70,000 Oct 2022 2,900 SF
2400 Us Hwy 31, Bay Minette, AL 36507-8227 $250,000 Feb 2022 3,800 SF
603 Dolive, Bay Minette, AL 36507-3123 $80,000 May 2021 3,530 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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