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    Property profile & analytics

    1041 Highway 280431, AL

    • Retail residential properties
    • 7,600 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Location Intelligence

    Current Use by Public Records

    • Retail residential properties

    Property Details for 1041 Highway

    Year built
    1999
    Construction
    WOOD
    Lot size
    1.07 lot acres
    Property size
    7,600 SF
    Zone code
    C
    Property type
    Retail residential properties
    APN
    05 05 16 01 008 073.004
    APU
    5051601008073004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    280431
    County
    Russell
    State
    Alabama
    Longitude
    -85.0287
    Latitude
    32.4663
    CBSA code
    17980
    CBSA name
    COLUMBUS, GA-AL METROPOLITAN 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
    $5,233
    $26,920
    $61,777
    $88,697
    -
    $134,600
    $308,885
    $443,485

    Comparable in this City

    • Value Estimation by Request
      1,660 SF

      Highway

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      Highway, 231, AL
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    • Value Estimation by Request
      1,127 SF

      Highway

      STORE/OFFICE (MIXED USE) • 1,127 SF
      Highway, 82, AL
      View Details
    • Value Estimation by Request
      4,296 SF

      Co Rd, AL

      STORES & APARTMENTS • 4,296 SF
      94, Co Rd, AL
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    • Value Estimation by Request
      1,392 SF

      Lee Rd, AL

      STORE/OFFICE (MIXED USE) • 1,392 SF
      1156, Lee Rd, AL
      View Details
    • Value Estimation by Request
      6,060 SF

      Us Hwy 31

      STORE/OFFICE (MIXED USE) • 6,060 SF
      Us Hwy 31, N, AL
      View Details
    • Value Estimation by Request
      3,200 SF

      Florence Blvd, AL

      STORE/OFFICE (MIXED USE) • 3,200 SF
      Florence Blvd, AL
      View Details

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    Similar Nearby for Lease

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      Retail Space in Bellingrath Crossroads

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      Retail Space in Covington Mall

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    1041 Highway
    280431, AL
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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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