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    Property profile & analytics

    1402 Gilmer Ave Lanett, AL 36863-2943

    • Retail space
    • 1,624 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2055853
    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

    • Retail space

    Property Details for 1402 Gilmer Ave

    Year built
    1700
    Property size
    1,624 SF
    Property type
    Retail space
    APN
    12-10-07-36-2-005-013.000
    APU
    121007362005013000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lanett
    County
    Chambers
    State
    Alabama
    Longitude
    -85.1921
    Latitude
    32.8564
    CBSA code
    29300
    CBSA name
    LAGRANGE, GA-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
    $604
    $840
    $10,660
    $11,500
    -
    $4,230
    $53,290
    $57,520

    Comparable in this City

    • Value Estimation by Request
      1,566 SF

      668 5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,566 SF
      668 5th Ave, Lanett, AL 36863-2608
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    • Value Estimation by Request
      3,000 SF

      731 Lanier Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      731 Lanier Ave, Lanett, AL 36863-6413
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    • Value Estimation by Request
      1,800 SF

      33 Veterans Memorial Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      33 Veterans Memorial Pkwy, Lanett, AL 36863-2839
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    • Value Estimation by Request
      4,000 SF

      3033 17th SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      3033 17th SW Ave, Lanett, AL 36863-4509
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    • Value Estimation
      $415,000
      754 SF

      4508 20th SW St

      RETAIL STORES (PERSONAL SERVICES) • 754 SF
      4508 20th SW St, Lanett, AL 36863
      View Details
    • Value Estimation
      $580,000
      15,960 SF

      1318 Gilmer Ave

      RETAIL STORES (PERSONAL SERVICES) • 15,960 SF
      1318 Gilmer Ave, Lanett, AL 36863-2941
      View Details

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    Lanett, AL 36863-2943
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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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