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Property profile & analytics

12883 Hwy 231st 431st N Hazel Green, AL 35750-8629

  • Automotive properties
  • 1,044 SF
  • 0.46 lot acres
OFF-MARKET
Value Estimation
$310,000
Last Sale
Dec 17, 2024
$313,500
Location Intelligence
Property ID
US03-1001906
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

  • Automotive properties

Property Details for 12883 Hwy 231st 431st N

Year built
2003
Lot size
0.46 lot acres
Property size
1,044 SF
Property type
Automotive properties
APN
08-03-06-0-000-003.015
APU
803060000003015

Description

This exceptional commercial property in Hazel Green, Alabama, presents a unique investment opportunity. Located at 12883 Hwy 231 431 N, this 0.46-acre lot features two buildings totaling 4,300 square feet. The main structure boasts a charming rustic, fully finished 944 square foot office space with a log cabin aesthetic and a large covered porch. This connects via a finished breezeway to a 3,000 square foot warehouse. The office area includes a spacious open area, a private office, bathroom, and closet. The warehouse features an office, kitchen, and bathroom on either side of a hallway leading to a large open warehouse space with 10-foot ceilings and a 12-foot wide garage door opening to a drive-up loading dock with a sloped ramp. A mezzanine level provides additional 59' x 11' of finished space ideal for storage or office expansion. The property also includes a 10' x 13' detached shed with an 8.5-foot wide garage door. The entire property is secured by a fence and automatic security gate. Utilities are on-site, with septic instead of sewer. This property is part of the Jacobs Landing commercial subdivision, subject to restrictive covenants recorded in May 1997 to ensure uniform development. The property's APN is 08-03-06-0-000-003.015. The asking price is $82,800. Further details are available.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $315,000
  • CAP approach

    CAP return
    Estimation
    6%
    $310,000
    6.5%
    $305,000
    7%
    $330,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $275,000
    Geo Method
    $320,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $270,000
    Retail
    $315,000
    Mixed-Use
    $265,000
    Hospitality
    $345,000
    Educational
    $325,000
    Residential Income
    $270,000
    Energy
    $325,000
    Income-Based Land
    $340,000
    Food Service
    $335,000

Location Insight

  • Map
  • Local Demand
City
Hazel Green
County
Madison
State
Alabama
Longitude
-86.5702
Latitude
34.8887
CBSA code
26620
CBSA name
HUNTSVILLE, 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
$980
$12,020
$15,820
$27,840
-
$60,100
$79,100
$139,200
More about this property
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