Financial
Distress signals
Property profile

262 Pike Rd Falkville, AL 35622

OFF-MARKET
Retail space
Property ID
US03-1880462
8,970 SF Built 2008
Last sale Jan 2025 · $405,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity presents a substantial 8,970-square-foot building situated at 262 E Pike Rd in Falkville, Alabama, zip code 35622. The single-story structure, encompassing a single unit within a single building, is ideally suited for a variety of retail uses, previously operating as a convenience store and grocery store. Its prominent location ensures high visibility and accessibility for customers. The building's substantial size offers ample space for inventory,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$151k
Assessed land$17k
Assessed improvement$134k
Effective rate4.15%

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$330k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
County average, outlier-cleaned · 70 recorded sales of this use type
Observed band · Q1–Q3$45 – $154
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMORGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.8
Realty agency9.3
Auto Parts Store9.0

Location

262 Pike Rd Falkville, AL 35622-5102
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Lawrence Cv, Falkville, AL 35622 $400,000 Nov 2025 3,005 SF
457 Pike, Falkville, AL 35622-5114 $1,988,591 May 2023 13,641 SF
1723 Gandys Cv, Falkville, AL 35622-7926 $119,000 Dec 2022 720 SF
Of County Rd 55, Falkville, AL 35622 $140,000 Apr 2022 1,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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