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    alder avenue Spanish Fort, AL 36577

    • Land
    For Sale
    View listing
    $450,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for alder avenue

    Property type
    Land
    Property subtype
    Residential land & home lots

    Description

    This is an excellent opportunity for residential development. Located just north of Spanish Fort High School and adjacent to the Audubon Neighborhood, which has approximately 70 homes, the property is well-situated. A COE permit to fill the wetlands on the east side of the property to allow access from the Bentley Oaks subdivision via Verdia Court is on hand. PPIN: 294854 Parcel: 32-05-15-0-000-001.015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spanish Fort
    County
    State
    Alabama
    Longitude
    -86.8755669
    Latitude
    33.5369308
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    alder avenue
    Spanish Fort, AL 36577
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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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