Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    10031 Hwy 64 Lexington, AL 35648-3001

    • Grocery and convenience stores
    • 14,265 SF
    OFF-MARKET
    Value Estimation
    $505,000
    Last Sale
    Sep 05, 2024
    $511,000
    Location Intelligence
    Property ID
    US03-3125750
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 10031 Hwy 64

    Year built
    1994
    Property size
    14,265 SF
    Property type
    Grocery and convenience stores
    APN
    02-05-16-1-001-001-001
    APU
    205161001001001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $510,000
      6.5%
      $510,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $520,000
      Geo Method
      $530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $405,000
      Mixed-Use
      $455,000
      Hospitality
      $505,000
      Educational
      $415,000
      Residential Income
      $460,000
      Energy
      $385,000
      Income-Based Land
      $390,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lauderdale
    State
    Alabama
    Longitude
    -87.3717
    Latitude
    34.9722
    CBSA code
    22520
    CBSA name
    FLORENCE-MUSCLE SHOALS, 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
    $5,517
    $6,600
    $0.00
    $6,600
    -
    $33,000
    $656,560
    $689,560

    Comparable in this City

    • Value Estimation
      $400,000
      2,776 SF

      11395 Hwy 101

      CONVENIENCE STORE • 2,776 SF
      11395 Hwy 101, Lexington, AL 35648
      View Details
    • Value Estimation
      $1,060,000
      2,397 SF

      Hwy 64

      CONVENIENCE STORE • 2,397 SF
      Hwy 64, Lexington, AL 35648
      View Details
    • Value Estimation
      $295,000
      3,000 SF

      5275 Hwy 64

      GROCERY, SUPERMARKET • 3,000 SF
      5275 Hwy 64, Lexington, AL 35648-4818
      View Details
    • Value Estimation by Request
      7,530 SF

      11631 Hwy 101

      FINANCIAL BUILDING • 7,530 SF
      11631 Hwy 101, Lexington, AL 35648-3249
      View Details
    • Value Estimation by Request
      11,276 SF

      11250 Hwy 101

      FINANCIAL BUILDING • 11,276 SF
      11250 Hwy 101, Lexington, AL 35648-3744
      View Details
    • Value Estimation
      $370,000
      2,927 SF

      11271 Hwy 101

      FINANCIAL BUILDING • 2,927 SF
      11271 Hwy 101, Lexington, AL 35648
      View Details

    Similar Nearby for Sale

    • $154,900
      16.10 Acres

      16.10 Acres in Lexington, AL

      16.10 acres of land with pond, ideal for building.
      3 County Road 35, Lexington, AL 35648
      View Details
    • $195,500
      14.72 Acres

      Farm Land with Road Frontage

      14.72 acre farm with open land and wooded areas.
      01 Teddy White Rd, Lexington, AL 35648
      View Details
    • $395,000
      4,690 SF

      Lexington Commercial Building - High Visibility

      Prime location, 4,690 sq ft commercial space.
      11257 Highway 101, Lexington, AL 35648
      View Details
    • $549,000
      5.40 Acres

      Lexington Warehouse with Income Potential

      48,000 sq ft warehouse on 5.4 acres near Florence.
      10305 County Road 51, Lexington, AL 35648
      View Details
    • $299,000
      28.00 Acres

      28 Acres Farm in Lexington, AL

      28+/- acre farm in Lauderdale County, Alabama.
      28 Acres Hwy, Lexington, AL 35648
      View Details
    • $119,900
      13.69 Acres

      Scenic Land in Lexington, AL

      13.69 acres of gently rolling hills ideal for homesites.
      496 County Road 496, Lexington, AL 35648
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10031 Hwy 64
    Lexington, AL 35648-3001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.