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    Property profile & analytics

    1115 Hwy 72 Cherokee, AL 35616-3311

    • Grocery and convenience stores
    • 2,400 SF
    • 1.75 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2331681
    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 1115 Hwy 72

    Year built
    1955
    Construction
    WOOD
    Lot size
    1.75 lot acres
    Property size
    2,400 SF
    Property type
    Grocery and convenience stores
    APN
    04-08-34-0-000-013.001
    APU
    408340000013001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cherokee
    County
    Colbert
    State
    Alabama
    Longitude
    -88.0959
    Latitude
    34.76
    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
    $612
    $0.00
    $0.00
    $17,100
    -
    $9,800
    $75,700
    $85,500

    Comparable in this City

    • Value Estimation by Request
      1,708 SF

      Cherokee, AL 35616

      CONVENIENCE STORE • 1,708 SF
      Cherokee, AL 35616
      View Details
    • Value Estimation by Request
      5,039 SF

      7064 Hwy 72

      CONVENIENCE STORE • 5,039 SF
      7064 Hwy 72, Cherokee, AL 35616-7438
      View Details
    • Value Estimation by Request
      14,886 SF

      Cherokee, AL 35616

      CONVENIENCE STORE • 14,886 SF
      Cherokee, AL 35616
      View Details
    • Value Estimation by Request
      1,344 SF

      3100 Nn Pike

      CONVENIENCE STORE • 1,344 SF
      3100 Nn Pike, Cherokee, AL 35616-5700
      View Details
    • Value Estimation
      $525,000
      1,650 SF

      12960 Hwy 72

      CONVENIENCE STORE • 1,650 SF
      12960 Hwy 72, Cherokee, AL 35616-5216
      View Details
    • Value Estimation by Request
      1,125 SF

      Cherokee, AL 35616

      RETAIL STORES (PERSONAL SERVICES) • 1,125 SF
      Cherokee, AL 35616
      View Details

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    1115 Hwy 72
    Cherokee, AL 35616-3311
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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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