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    Property profile & analytics

    12980 Us Hwy 231 Union Grove, AL 35175-8034

    • Grocery and convenience stores
    • 3,600 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US03-0248252
    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 12980 Us Hwy 231

    Year built
    1999
    Lot size
    0.96 lot acres
    Property size
    3,600 SF
    Property type
    Grocery and convenience stores
    APN
    12-05-16-0-000-011.001
    APU
    1205160000011001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Union Grove
    County
    Marshall
    State
    Alabama
    Longitude
    -86.5412
    Latitude
    34.4285
    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
    $4,912
    $2,300
    $113,280
    $115,580
    -
    $11,500
    $566,400
    $577,900

    Comparable in this City

    • Value Estimation
      $250,000
      2,592 SF

      3755 Un Grv Rd

      CONVENIENCE STORE • 2,592 SF
      3755 Un Grv Rd, Union Grove, AL 35175-8470
      View Details
    • Value Estimation by Request
      512 SF

      Us Hwy 231

      RETAIL STORES (PERSONAL SERVICES) • 512 SF
      Us Hwy 231, Union Grove, AL 35175
      View Details
    • Value Estimation
      $175,000
      3,744 SF

      Union

      RETAIL STORES (PERSONAL SERVICES) • 3,744 SF
      Union, Grove, AL 35175
      View Details
    • Value Estimation
      $285,000
      4,000 SF

      13520 Us Hwy 231

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      13520 Us Hwy 231, Union Grove, AL 35175-8514
      View Details
    • Value Estimation by Request
      2,200 SF

      3849 Un Grv Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,200 SF
      3849 Un Grv Rd, Union Grove, AL 35175-8471
      View Details
    • Value Estimation by Request
      1,040 SF

      4460 Hwy 231

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,040 SF
      4460 Hwy 231, Union Grove, AL 35175-5270
      View Details

    Similar Nearby for Sale

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      Cleared lot in gated community with golf and amenities access.
      223 Woodmont Dr, Union Grove, AL 35175
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    • $65,000
      0.42 Acres

      Golf Course Lot on Fairway

      Residential lot on Cherokee Ridge Golf Course's 12th fairway.
      43 Savannah Cir, Union Grove, AL 35175
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      Large golf course lots with lake views in gated community.
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    • $134,000
      0.80 Acres

      Union Grove Multifamily Investment Opportunity

      Three rented mobile homes on 0.8 acres, generating $1700 monthly.
      402 Greenbriar Cv Rd, Union Grove, AL 35175
      View Details
    • Contact for pricing
      0.36 Acres

      Land in Cherokee Ridge, AL

      Residential land available in Cherokee Ridge, Alabama.
      114 Creekwood Dr, Union Grove, AL 35175
      View Details
    • $58,000

      Cherokee Ridge Vacant Lot

      Vacant lot in gated community, ready for building.
      11 Cherokee Ridge Dr, Union Grove, AL 35175
      View Details
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    12980 Us Hwy 231
    Union Grove, AL 35175-8034
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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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