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    Property profile & analytics

    230 5Th St Reform, AL 35481

    • Office Properties & Spaces
    • 2,592 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 230 5Th St

    Property size
    2,592 SF
    Property type
    Office Properties & Spaces

    Description

    This 2,592 square foot office building in Reform, Alabama, is ideally suited for a variety of uses, including event spaces, churches, or secondary church locations. Located at 230 5th Street NE, 35481, this property boasts a prime location with ample parking. The building is move-in ready and features a pastor's study, a media room, a kitchen, and two bathrooms. The large sanctuary is equipped with pews, pull-pit chairs, stands, and a podium, making it perfect for services or large gatherings. The asking price is $145,000. This presents a unique opportunity to acquire a well-appointed space in a convenient location. The building's versatile layout and existing amenities offer immediate functionality, minimizing the need for extensive renovations or upgrades. Its ample parking ensures convenient access for attendees or clients. Serious inquiries are encouraged to schedule a viewing. Don't miss this chance to secure a valuable property in a thriving community.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reform
    County
    01107
    State
    Alabama
    Longitude
    -88.0705
    Latitude
    33.401

    Comparable in this City

    • Value Estimation by Request
      800 SF

      Reform, AL 35481

      OFFICE BUILDING • 800 SF
      Reform, AL 35481
      View Details
    • Value Estimation
      $455,000
      11,760 SF

      Reform, AL 35481

      MEDICAL BUILDING • 11,760 SF
      Reform, AL 35481
      View Details
    • Value Estimation
      $240,000
      1,797 SF

      206 1st W Ave

      OFFICE BUILDING • 1,797 SF
      206 1st W Ave, Reform, AL 35481
      View Details
    • Value Estimation
      $375,000
      3,660 SF

      Hwy 17

      OFFICE BUILDING • 3,660 SF
      Hwy 17, Reform, AL 35481
      View Details
    • Value Estimation by Request
      1,586 SF

      307 1st S St

      OFFICE BUILDING • 1,586 SF
      307 1st S St, Reform, AL 35481-8013
      View Details
    • Value Estimation by Request
      1,342 SF

      Main St

      OFFICE BUILDING • 1,342 SF
      Main St, Reform, AL 35481
      View Details

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    230 5Th St
    Reform, AL 35481
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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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