2150 Mckenzie StFoley, AL 36535

  • Retail properties
  • 891 SF
For Sale

Property Details for 2150 Mckenzie St

Year built
1994
Lot size
0.57 AC
Property size (Sq ft)
891 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
61-03-05-1-001-008
APU
6103051001008

Description

This exceptional 800-square-foot retail building is situated at 2150 S McKenzie St in Foley, Alabama, within Baldwin County. Built in 1994, the property boasts a convenient drive-thru feature and sits on a sizable 0.61-acre lot (26,696 square feet). Its strategic location offers significant visibility and accessibility, being an outparcel to a Walmart Supercenter. The high traffic count, exceeding 38,000 average daily vehicles, ensures substantial exposure for any business operating from this location. The property's freestanding nature provides excellent branding opportunities and ample parking for customers. The building's 800 square feet offer a versatile space suitable for a variety of retail uses. This prime retail space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving Alabama community. The zip code for this property is 36535. The property's latitude and longitude coordinates are 30.3836916 and -87.6837786 respectively.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $177,388
    6.5%
    $163,743
    7%
    $152,047
  • Comparable approach

    Method
    Valuation
    Relative Method
    $151,968
    Geo Method
    $159,620
  • Alternative Use

    Use
    Valuation
    Residential
    $138,123
    Hospitality
    $126,520
    Educational
    $105,263
    Medical
    $108,884
    Retail
    $163,743
2150 Mckenzie St, Foley, Alabama

Location Insight

City
Foley
County
Baldwin
State
Alabama
Latitude
30.3836
Longitude
-87.6839
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
$4,472
$88,520
$47,000
$135,520
-
$442,600
$235,000
$677,600

FAQs

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