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    Property profile & analytics

    1315 Hwy 31st NW Hartselle, AL 35640-4422

    • Turn key restaurants
    • 3,420 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 11, 2023
    $35,000
    Location Intelligence
    Property ID
    US03-1575553
    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

    • El Portal #2 / Mexican Restaurant

    Property Details for 1315 Hwy 31st NW

    Year built
    2005
    Construction
    CONCRETE BLOCKS
    Lot size
    0.90 lot acres
    Property size
    3,420 SF
    Property type
    Turn key restaurants
    APN
    15-02-10-2-003-006.001
    APU
    1502102003006001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hartselle
    County
    Morgan
    State
    Alabama
    Longitude
    -86.948
    Latitude
    34.4559
    CBSA code
    19460
    CBSA name
    DECATUR, 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
    $4,234
    $36,200
    $71,300
    $107,500
    -
    $181,000
    $356,500
    $537,500

    Comparable in this City

    • Value Estimation
      $405,000
      2,081 SF

      603 Hwy 31st SW

      RESTAURANT • 2,081 SF
      603 Hwy 31st SW, Hartselle, AL 35640-2849
      View Details
    • Value Estimation
      $415,000
      1,788 SF

      700 Nance Frd SW Rd

      RESTAURANT • 1,788 SF
      700 Nance Frd SW Rd, Hartselle, AL 35640
      View Details
    • Value Estimation by Request
      1,500 SF

      700 Hwy 31st SW

      RESTAURANT • 1,500 SF
      700 Hwy 31st SW, Hartselle, AL 35640-2820
      View Details
    • Value Estimation
      $165,000
      1,710 SF

      541 Limestone SW St

      RESTAURANT • 1,710 SF
      541 Limestone SW St, Hartselle, AL 35640-2942
      View Details
    • Value Estimation
      $245,000
      8,944 SF

      Main E St

      RESTAURANT • 8,944 SF
      Main E St, Hartselle, AL 35640
      View Details
    • Value Estimation
      $480,000
      1,728 SF

      Of Hwy 36th E

      RESTAURANT • 1,728 SF
      Of Hwy 36th E, Hartselle, AL 35640
      View Details

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    Similar Nearby for Lease

    • $12 SF/Yr
      14,200 SF

      Morgan Plaza Retail Space Available

      Hartselle, AL Retail Center - Spaces from 1,200 sq ft
      240 Highway 31, Hartselle, AL 35640
      View Details
    • Contact for pricing
      10,259 SF

      Retail Space in Busy Center

      Retail spaces available in Hartselle's busiest retail center.
      241 Highway 31 SW, Hartselle, AL 35640
      View Details
    • Contact for pricing
      17,640 SF

      Retail Space in Hartselle Shoppes

      Retail space for lease in high-traffic shopping center.
      1091 Highway 31 NW, Hartselle, AL 35640
      View Details
    • Contact for pricing

      Hartselle Retail Space For Lease

      Retail space available in Walmart Shadow Center in Hartselle, AL.
      1199 Highway 31 NW, Hartselle, AL 35640
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      282,610 SF

      Hartselle Industrial Warehouse For Sale/Lease

      Massive warehouse, ideal for manufacturing.
      1641 Thompson Rd, Hartselle, AL 35640
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    • $2,500 /Mo

      Hartselle Commercial Building with Warehouse

      Commercial building with warehouse/workshop space and office area for lease.
      1699 Highway 31, Hartselle, AL 35640
      View Details
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    Hartselle, AL 35640-4422
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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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