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    Property profile & analytics

    10199 Hwy 431st S New Hope, AL 35760-9390

    • Grocery and convenience stores
    • 36,856 SF
    • 4.00 lot acres
    OFF-MARKET
    Value Estimation
    $690,000
    Location Intelligence
    Property ID
    US03-0766741
    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 10199 Hwy 431st S

    Year built
    1988
    Lot size
    4.00 lot acres
    Property size
    36,856 SF
    Property type
    Grocery and convenience stores
    APN
    29-02-04-0-001-010.000
    APU
    2902040001010000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $640,000

    • CAP approach

      CAP return
      Estimation
      6%
      $860,000
      6.5%
      $840,000
      7%
      $800,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $815,000
      Geo Method
      $895,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $920,000
      Retail
      $955,000
      Mixed-Use
      $825,000
      Hospitality
      $860,000
      Educational
      $935,000
      Residential Income
      $915,000
      Energy
      $840,000
      Income-Based Land
      $955,000
      Food Service
      $900,000

    Location Insight

    • Map
    • Local Demand
    City
    New Hope
    County
    Madison
    State
    Alabama
    Longitude
    -86.4295
    Latitude
    34.5484
    CBSA code
    26620
    CBSA name
    HUNTSVILLE, 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
    $15,654
    $75,000
    $311,520
    $386,520
    -
    $375,000
    $1,557,600
    $1,932,600

    Comparable in this City

    • Value Estimation by Request
      1,100 SF

      10456 Hwy 431st S

      CONVENIENCE STORE • 1,100 SF
      10456 Hwy 431st S, New Hope, AL 35760-8828
      View Details
    • Value Estimation
      $595,000
      3,305 SF

      33043 Us Hwy 431

      CONVENIENCE STORE • 3,305 SF
      33043 Us Hwy 431, New Hope, AL 35760-9201
      View Details
    • Value Estimation
      $400,000
      1,966 SF

      10340 Hwy 431st S

      CONVENIENCE STORE • 1,966 SF
      10340 Hwy 431st S, New Hope, AL 35760-9523
      View Details
    • Value Estimation
      $520,000
      18,000 SF

      10188 Hwy 431st S

      GROCERY, SUPERMARKET • 18,000 SF
      10188 Hwy 431st S, New Hope, AL 35760-9522
      View Details
    • Value Estimation by Request
      1,400 SF

      902 Hwy 431st S

      CONVENIENCE STORE • 1,400 SF
      902 Hwy 431st S, New Hope, AL 35760
      View Details
    • Value Estimation
      $610,000
      3,072 SF

      10260 Hwy 431st S

      CONVENIENCE STORE • 3,072 SF
      10260 Hwy 431st S, New Hope, AL 35760-8824
      View Details

    Similar Nearby for Sale

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      New Hope Retail Opportunity

      Established business opportunity on 1.9 acres in New Hope.
      Highway 431 S, New Hope, AL 35760
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    • $429,000
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      Prime 7+ Acre Highway 431 Tract

      New Hope, AL commercial land opportunity.
      10051 Us-431, New Hope, AL 35760
      View Details
    • $189,900

      Prime Commercial Land in New Hope

      Commercial land for development in a sought-after location.
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    • $689,000
      12 SF

      Modern Farmhouse on 12 Acres

      Stunning modern farmhouse on 12 acres, 30 minutes from Huntsville.
      714 Maples Ln, New Hope, AL 35760
      View Details
    • $70,000

      Residential Land in New Hope

      Land for residential construction in a desirable New Hope location.
      156 Stratman Dr, New Hope, AL 35760
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    • $420,000
      31.19 Acres

      New Hope Acreage For Sale

      31.19 acres in southeast Madison County, ideal for building.
      31.19 Acs Hwy 431, New Hope, AL 35760
      View Details
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    New Hope, AL 35760-9390
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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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