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    Property profile & analytics

    1409 E 2Nd St Sheffield, AL 35661

    • Office Properties & Spaces
    • 809 SF
    For Sale
    View listing
    $125,000
    Value Estimation
    Last Sale
    Mar 08, 2024
    $150,000
    Location Intelligence
    Property ID
    US03-2659046
    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

    • LaborSource/Epsco / Employment Agency / Temp Agency

    Property Details for 1409 E 2Nd St

    Year built
    1918
    Property size
    809 SF
    Property type
    Office Properties & Spaces
    APN
    07-08-27-4-001-052.000
    APU
    708274001052000

    Description

    This exceptional Sheffield commercial property offers 900 square feet on a 0.46-acre lot at 1409 2nd Street. Its prime location boasts high visibility, situated next to the Granite Gallery of the Shoals and directly across from Champy's Chicken, ensuring significant foot and vehicle traffic. The property is ideal for a variety of commercial uses, including boutique retail establishments, dynamic office spaces, or a charming cafГ©. The generous lot size presents opportunities for expansion and the addition of outdoor amenities, enhancing the property's appeal and functionality. The existing building provides a solid foundation for immediate occupancy or renovation to suit specific business needs. This is a rare opportunity to establish a thriving business in a vibrant and high-traffic area of Sheffield, Alabama. The asking price is $125,000, representing a compelling investment in a location with proven commercial success and significant growth potential. The property's strategic placement within the city's commercial corridor ensures maximum exposure and accessibility for customers and clients. Don't miss this chance to secure a prominent presence in a thriving Sheffield business district.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $150,000

    • CAP approach

      CAP return
      Estimation
      6%
      $185,000
      6.5%
      $190,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $185,000
      Mixed-Use
      $160,000
      Hospitality
      $160,000
      Educational
      $160,000
      Residential Income
      $195,000
      Energy
      $160,000
      Income-Based Land
      $175,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield
    County
    Colbert
    State
    Alabama
    Longitude
    -87.6782
    Latitude
    34.7598
    CBSA code
    22520
    CBSA name
    FLORENCE-MUSCLE SHOALS, 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
    $649
    $0.00
    $0.00
    $12,620
    -
    $6,200
    $56,900
    $63,100

    Comparable in this City

    • Value Estimation by Request
      964 SF

      404 Nashville Ave

      OFFICE (GENERAL) • 964 SF
      404 Nashville Ave, Sheffield, AL 35660-2938
      View Details
    • Value Estimation by Request
      4,788 SF

      213 4th St

      OFFICE (GENERAL) • 4,788 SF
      213 4th St, Sheffield, AL 35660-3039
      View Details
    • Value Estimation by Request
      15,000 SF

      427 Cox Blvd

      OFFICE (GENERAL) • 15,000 SF
      427 Cox Blvd, Sheffield, AL 35660-4021
      View Details
    • Value Estimation by Request
      6,168 SF

      306 Montgomery Ave

      OFFICE (GENERAL) • 6,168 SF
      306 Montgomery Ave, Sheffield, AL 35660-2709
      View Details
    • Value Estimation by Request
      6,020 SF

      304 Montgomery Ave

      OFFICE (GENERAL) • 6,020 SF
      304 Montgomery Ave, Sheffield, AL 35660-2709
      View Details
    • Value Estimation
      $200,000
      6,141 SF

      501 Alabama Ave

      OFFICE (GENERAL) • 6,141 SF
      501 Alabama Ave, Sheffield, AL 35660-2817
      View Details

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    1409 E 2Nd St
    Sheffield, AL 35661
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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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