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    Property profile & analytics

    1220 Gilmer Ave Tallassee, AL 36078-1022

    • Retail space
    • 6,912 SF
    • 2.34 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Location Intelligence
    Property ID
    US03-1254491
    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

    • 1220 Cafe / Cafe / Coffee Shop

    Property Details for 1220 Gilmer Ave

    Year built
    1950
    Lot size
    2.34 lot acres
    Property size
    6,912 SF
    Property type
    Retail space
    APN
    19-06-13-2-001-003.000
    APU
    1906132001003000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tallassee
    County
    Elmore
    State
    Alabama
    Longitude
    -85.9159
    Latitude
    32.5508
    CBSA code
    33860
    CBSA name
    MONTGOMERY, 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
    $4,035
    $121,740
    $467,510
    $589,250
    -
    $121,740
    $467,510
    $589,250

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      Tallassee, AL 36078

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
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    • Value Estimation by Request
      550 SF

      7 Ann Ave

      RETAIL STORES (PERSONAL SERVICES) • 550 SF
      7 Ann Ave, Tallassee, AL 36078-1535
      View Details
    • Value Estimation by Request
      3,240 SF

      308 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,240 SF
      308 Main St, Tallassee, AL 36078-1937
      View Details
    • Value Estimation by Request
      1,026 SF

      1295 Tallassee Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,026 SF
      1295 Tallassee Dr, Tallassee, AL 36078-5032
      View Details
    • Value Estimation
      $420,000
      3,325 SF

      2537 Kent Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,325 SF
      2537 Kent Rd, Tallassee, AL 36078-7401
      View Details
    • Value Estimation by Request
      2,379 SF

      Tallassee, AL 36078

      RETAIL STORES (PERSONAL SERVICES) • 2,379 SF
      Tallassee, AL 36078
      View Details

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    Tallassee, AL 36078-1022
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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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