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    Property profile & analytics

    12220 Hwy 96 Millport, AL 35576

    • Grocery and convenience stores
    • 10,308 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1766168
    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 12220 Hwy 96

    Year built
    1972
    Property size
    10,308 SF
    Property type
    Grocery and convenience stores
    APN
    1906234000004000
    APU
    1906234000004000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Millport
    County
    Lamar
    State
    Alabama
    Longitude
    -88.0734
    Latitude
    33.5608

    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
    $1,916
    $5,000
    $47,500
    $52,500
    -
    $25,060
    $237,460
    $262,520

    Comparable in this City

    • Value Estimation by Request
      2,360 SF

      12015 Hwy 96

      CONVENIENCE STORE • 2,360 SF
      12015 Hwy 96, Millport, AL 35576-2658
      View Details
    • Value Estimation
      $310,000
      7,200 SF

      14025 Hwy 96

      CONVENIENCE STORE • 7,200 SF
      14025 Hwy 96, Millport, AL 35576-2528
      View Details
    • Value Estimation by Request
      870 SF

      Millport, AL 35576

      RETAIL STORES (PERSONAL SERVICES) • 870 SF
      Millport, AL 35576
      View Details
    • Value Estimation by Request
      400 SF

      Millport, AL 35576

      RETAIL STORES (PERSONAL SERVICES) • 400 SF
      Millport, AL 35576
      View Details
    • Value Estimation
      $490,000
      9,020 SF

      12231 Hwy 96

      RETAIL STORES (PERSONAL SERVICES) • 9,020 SF
      12231 Hwy 96, Millport, AL 35576
      View Details
    • Value Estimation by Request
      4,256 SF

      Columbus St

      RETAIL STORES (PERSONAL SERVICES) • 4,256 SF
      Columbus St, Millport, AL 35576
      View Details

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    12220 Hwy 96
    Millport, AL 35576
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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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