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    12275 Us-231 Meridianville, AL 35759

    • Retail properties
    • 13,225 SF
    • 1.77 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 12275 Us-231

    Year built
    2008
    Lot size
    1.77 lot acres
    Property size
    13,225 SF
    Property type
    Retail properties
    Property subtype
    Drug stores

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Meridianville
    County
    Madison
    State
    Alabama
    Longitude
    -86.5722
    Latitude
    34.8703

    Comparable in this City

    • Value Estimation
      $590,000
      20,542 SF

      12078 Hwy 231st 431st N

      GROCERY, SUPERMARKET • 20,542 SF
      12078 Hwy 231st 431st N, Meridianville, AL 35759-1225
      View Details
    • Value Estimation by Request
      2,208 SF

      11557 Hwy 231st 431st N

      CONVENIENCE STORE • 2,208 SF
      11557 Hwy 231st 431st N, Meridianville, AL 35759-2114
      View Details
    • Value Estimation
      $1,280,000
      2,672 SF

      12056 Hwy 231st 431st N

      CONVENIENCE STORE • 2,672 SF
      12056 Hwy 231st 431st N, Meridianville, AL 35759-1202
      View Details
    • Value Estimation
      $455,000
      4,898 SF

      11664 Hwy 231st 431st N

      CONVENIENCE STORE • 4,898 SF
      11664 Hwy 231st 431st N, Meridianville, AL 35759-2117
      View Details
    • Value Estimation
      $830,000
      3,660 SF

      12245 Hwy 231st 431st N

      CONVENIENCE STORE • 3,660 SF
      12245 Hwy 231st 431st N, Meridianville, AL 35759-1205
      View Details
    • Value Estimation by Request
      1,020 SF

      258 Bolling Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,020 SF
      258 Bolling Rd, Meridianville, AL 35759
      View Details

    Similar Nearby for Sale

    • $600,000
      0.98 Acres

      Meridianville Car Wash Business Opportunity

      Five-bay self-service car wash on approximately 0.97 acres.
      134 Patterson Ln, Meridianville, AL 35759
      View Details
    • $6,000,000
      11.87 Acres

      Meridianville Commercial Land

      11.87 Acres, Highway 231/431
      11938 Us-431, Meridianville, AL 35759
      View Details
    • $1,395,111
      2.76 Acres

      Meridianville Commercial Land

      2.76 Acres, Highway 231/431 Frontage
      11902 Us-231, Meridianville, AL 35759
      View Details
    • $850,000

      Commercial Land Near Huntsville

      Flat, commercially zoned land near Huntsville, Alabama.
      113 Wells Rd, Meridianville, AL 35759
      View Details
    • $1,400,000
      2 SF

      Prime Land in Growing Area

      0.5 - 2.37 acre outparcel in northern Madison County.
      11115 S 231, Meridianville, AL 35759
      View Details
    • $799,995
      13.75 Acres

      Meridianville Acreage For Sale

      Unincorporated acreage suitable for residential or commercial development.
      14 Steger Rd, Meridianville, AL 35759
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      2,100 SF

      Meridianville Creative Office Space

      2,100 sq ft Single-Tenant Office
      11715 Us-231, Meridianville, AL 35759
      View Details
    • $28 SF/Yr
      8,000 SF

      Meridianville Retail Space Available

      Highway 431 Retail, Pre-Leasing Opportunity
      0 Us-431, Meridianville, AL 35759
      View Details
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    12275 Us-231
    Meridianville, AL 35759
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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