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    Property profile & analytics

    1264 Us Hwy 231 Arab, AL 35016-2612

    • Commercial land
    • 1,716 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 20, 2022
    $2,350,000
    Location Intelligence
    Property ID
    US03-0905995
    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

    • Commercial land

    Property Details for 1264 Us Hwy 231

    Year built
    1969
    Lot size
    1.50 lot acres
    Property size
    1,716 SF
    Zone code
    11
    Property type
    Commercial land
    APN
    13-06-14-4-000-013.000
    APU
    1306144000013000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arab
    County
    Marshall
    State
    Alabama
    Longitude
    -86.5027
    Latitude
    34.3387
    CBSA code
    10700
    CBSA name
    ALBERTVILLE, AL MICROPOLITAN 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
    $10,152
    $110,720
    $139,940
    $250,660
    -
    $553,600
    $699,700
    $1,253,300

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

      2nd SW St

      VACANT COMMERCIAL LAND • 0.34 Acres
      2nd SW St, Arab, AL 35016
      View Details
    • Value Estimation by Request
      0.54 Acres

      3rd NE Ave

      VACANT COMMERCIAL LAND • 0.54 Acres
      3rd NE Ave, Arab, AL 35016
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    • Value Estimation by Request
      3.96 Acres

      7th SW Ave

      VACANT COMMERCIAL LAND • 3.96 Acres
      7th SW Ave, Arab, AL 35016
      View Details
    • Value Estimation by Request
      0.19 Acres

      7th NW St

      VACANT COMMERCIAL LAND • 0.19 Acres
      7th NW St, Arab, AL 35016
      View Details
    • Value Estimation by Request
      0.48 Acres

      8th NW St

      VACANT COMMERCIAL LAND • 0.48 Acres
      8th NW St, Arab, AL 35016
      View Details
    • Value Estimation by Request
      1.13 Acres

      85 Brindlee Mtn Pkwy

      VACANT COMMERCIAL LAND • 1.13 Acres
      85 Brindlee Mtn Pkwy, Arab, AL 35016-1318
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Brindlee Mountain Parkway Commercial Parcel

      0.743 AC parcel with high visibility and convenient access.
      1410 N Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $300,000
      0.99 Acres

      Commercial Lot on Highway 231

      Commercial lot with high visibility and accessibility on Highway 231.
      Hwy 231, Arab, AL 35016
      View Details
    • New
      $775,000
      5.00 Acres

      Prime Commercial Lot in Arab

      5-acre commercial lot with highway frontage and income potential.
      5+/- Acres Hwy 231, Arab, AL 35016
      View Details
    • New
      $33,000
      0.39 Acres

      Land For Sale in Arab

      Land available within Arab City Limits.
      0.39 Acres Arad Thompson Rd, Arab, AL 35016
      View Details
    • $137,000
      0.60 Acres

      Commercial Land on Heavily Traveled US 231

      Level corner lot with frontage on Hwy 231 and Ensley Drive.
      8198 Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • Contact for pricing
      0.50 Acres

      Corner Lot in Arab, AL

      Corner lot available in Arab, Alabama with road frontage.
      4319 Hopewell Rd, Arab, AL 35016
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      12,000 SF

      Brindlee Mountain Retail Space

      High-traffic Arab, AL retail space.
      576 Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $750 /Mo

      Office Space For Lease

      Office space for lease at Brindlee Mountain Storage.
      9582 Hwy 231, Arab, AL 35016
      View Details
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    1264 Us Hwy 231
    Arab, AL 35016-2612
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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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