602 NicholsFairhope, AL 36532

  • Office properties
  • 1,495 SF
Off market
$4,650,830 Estimated

Property Details for 602 Nichols

Year built
1945
Lot size
0.46 AC
Property size (Sq ft)
1,495 SF
Property type
Office properties
Property subtype
Office buildings
APN
46-03-37-0-015-032
APU
4603370015032

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $202,475
    6.5%
    $186,900
    7%
    $173,550
  • Comparable approach

    Method
    Valuation
    Relative Method
    $101,185
    Geo Method
    $106,280
  • Alternative Use

    Use
    Valuation
    Residential
    $231,756
    Hospitality
    $212,287
    Educational
    $176,620
    Medical
    $182,695
    Retail
    $274,743
602 Nichols, Fairhope, Alabama

Location Insight

City
Fairhope
County
Baldwin
State
Alabama
Latitude
30.5158
Longitude
-87.8965
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
$1,108
$8,560
$15,520
$24,080
-
$42,800
$77,600
$120,400

FAQs

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