Financial
Distress signals
Property profile

10047 Us Hwy 231 Arab, AL 35016

OFF-MARKET
Retail space
Property ID
US03-1017329
2,842 SF 0.3 ac lot Built 1965
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a corner-lot site consisting of two adjoining parcels with approximately 275 feet of road frontage. Improvements include a 30 by 50 foot metal building and an additional frame structure providing over 3,000 square feet of interior space, configured as two rental spaces. One of the rental units is currently unoccupied, while the other is historically operated as a hair salon. The site has ample on-site parking and additional space that could support future expansion.

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?
$1k
Tax billed · 2023
Assessed value$27k
Assessed land$760
Assessed improvement$26k
Effective rate3.97%

Value estimate

· Sep 2026
$210k
$189k – $231k
AI approach$265k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$46/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$18 – $71
Qualifying comparables7

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

What can be built here?
25
JurisdictionMARSHALL

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop8.0
Hair Salon7.9
Storage Facility7.5

Location

10047 Us Hwy 231 Arab, AL 35016-4833
County assessor Recorded deeds · not on file 7 qualifying comp sales Zoning catalog

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

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
407 Main, Arab, AL 35016-1238 $229,000 Jul 2025 3,090 SF
26 Main, Arab, AL 35016-1239 $85,000 Mar 2025 2,834 SF
140 Main, Arab, AL 35016-1234 $145,000 Feb 2025 3,240 SF
8253 Al Hwy 69, Arab, AL 35016-3811 $245,000 May 2023 2,400 SF
40 Main, Arab, AL 35016-1239 $145,000 Sep 2022 3,046 SF
1764 Brindlee Mtn, Arab, AL 35016-5472 $195,000 Apr 2021 2,865 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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