8465 State Hwy 59Foley, AL 36535

  • Retail space
  • 4,209 SF
Off market
$5,209,730 Estimated

Property Details for 8465 State Hwy 59

Year built
1990
Lot size
0.52 AC
Property size (Sq ft)
4,209 SF
Property type
Retail space
APN
61-04-17-4-001-002
APU
6104174001002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $636,234
    6.5%
    $587,293
    7%
    $545,343
  • Comparable approach

    Method
    Valuation
    Relative Method
    $296,268
    Geo Method
    $311,187
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,127,490
    Mixed-Use / Specialty
    $592,387
    Hospitality / Lodging
    $443,974
    Office
    $596,354
    Institutional / Educational
    $618,412
    Residential Income
    $723,543
    Multifamily
    $827,930
    Automotive / Energy
    $530,068
    Parking / Income-Based Land
    $175,818
    Restaurant / Food Service
    $323,445
    Healthcare / Senior Housing
    $600,111

Location Insight

City
Foley
County
Baldwin
State
Alabama
Latitude
30.3479
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
$3,333
$40,100
$60,900
$101,000
-
$200,500
$304,500
$505,000

FAQs

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