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    Property profile & analytics

    123 2nd NW Ave Fayette, AL 35555-2511

    • Office Properties & Spaces
    • 5,464 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2654417
    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

    • NW Al Mental Health Center / Mental Health Service
    • Fayette County Mental Health Center / Mental Health Clinic

    Property Details for 123 2nd NW Ave

    Year built
    1982
    Property size
    5,464 SF
    Zone code
    O
    Property type
    Office Properties & Spaces
    APN
    32-13-03-06-3-002-075.001
    APU
    321303063002075001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fayette
    County
    Fayette
    State
    Alabama
    Longitude
    -87.8331
    Latitude
    33.6857

    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
    $0.00
    $1,420
    $73,380
    $74,800
    -
    $7,100
    $366,900
    $374,000

    Comparable in this City

    • Value Estimation by Request
      1,095 SF

      114 1st NE Ave

      OFFICE (GENERAL) • 1,095 SF
      114 1st NE Ave, Fayette, AL 35555-2604
      View Details
    • Value Estimation by Request
      2,280 SF

      2nd Ave

      OFFICE (GENERAL) • 2,280 SF
      2nd Ave, Fayette, AL 35555
      View Details
    • Value Estimation by Request
      1,500 SF

      2302 Temple N Ave

      OFFICE (GENERAL) • 1,500 SF
      2302 Temple N Ave, Fayette, AL 35555-1118
      View Details
    • Value Estimation by Request
      3,250 SF

      201 Temple S Ave

      OFFICE (GENERAL) • 3,250 SF
      201 Temple S Ave, Fayette, AL 35555-2713
      View Details
    • Value Estimation by Request
      528 SF

      Fayette, AL 35555

      OFFICE (GENERAL) • 528 SF
      Fayette, AL 35555
      View Details
    • Value Estimation by Request
      1,500 SF

      123 15th NW St

      OFFICE (GENERAL) • 1,500 SF
      123 15th NW St, Fayette, AL 35555-1514
      View Details

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    Fayette, AL 35555-2511
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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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