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    Property profile & analytics

    111 Covington Ave Opp, AL 36467-2032

    • Retail space
    • 930 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 09, 2024
    Location Intelligence
    Property ID
    US03-2808846
    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

    • R And D Auction / Auction House
    • Aiden Insurance Agency / Insurance Agency

    Property Details for 111 Covington Ave

    Year built
    1946
    Lot size
    0.02 lot acres
    Property size
    930 SF
    Property type
    Retail space
    APN
    23-11-08-28-3-304-047.000
    APU
    231108283304047000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Opp
    County
    Covington
    State
    Alabama
    Longitude
    -86.2569
    Latitude
    31.2815

    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
    $151
    $360
    $3,520
    $3,880
    -
    $1,800
    $17,600
    $19,400

    Comparable in this City

    • Value Estimation by Request
      2,708 SF

      Opp, AL 36467

      RETAIL STORES (PERSONAL SERVICES) • 2,708 SF
      Opp, AL 36467
      View Details
    • Value Estimation by Request
      4,000 SF

      405 Brown St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      405 Brown St, Opp, AL 36467-3022
      View Details
    • Value Estimation by Request
      2,475 SF

      107 Covington Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,475 SF
      107 Covington Ave, Opp, AL 36467-2122
      View Details
    • Value Estimation by Request
      7,392 SF

      Covington Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,392 SF
      Covington Ave, Opp, AL 36467
      View Details
    • Value Estimation by Request
      363 SF

      122 Covington Ave

      RETAIL STORES (PERSONAL SERVICES) • 363 SF
      122 Covington Ave, Opp, AL 36467-2123
      View Details
    • Value Estimation by Request
      363 SF

      120 Covington Ave

      RETAIL STORES (PERSONAL SERVICES) • 363 SF
      120 Covington Ave, Opp, AL 36467-2123
      View Details

    Similar Nearby for Sale

    • $2,000,000
      73,900 SF

      Lemar Plaza: Opp, Alabama Retail Center

      High-Yield Retail Center, 100% Occupied
      304 Cumming Ave, Opp, AL 36467
      View Details
    • $1,370,000
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      Alabama Grocery Store Investment

      High-yield NNN lease, strong tenant.
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      200 Hattaway Rd, Opp, AL 36467
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    • $2,070,000
      54,162 SF

      Opp, AL Warehouse - $2.07M

      Modern warehouse, 54,162 SF, 6.37 acres.
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    • $2,520,000
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      Opp, AL Industrial/Office Complex

      Prime 56,593 SF building, 22.9 acres. Excellent investment.
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    Similar Nearby for Lease

    • $8 SF/Yr
      20,060 SF

      Retail Space in Delta Plaza

      Mixed-use neighborhood center with flexible layouts for lease.
      408 N Main St, Opp, AL 36467
      View Details
    • Contact for pricing

      Former Restaurant on Florala Highway

      2,455 SF former restaurant with high visibility.
      505 Florala Hwy, Opp, AL 36467
      View Details
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    Opp, AL 36467-2032
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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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