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    Property profile & analytics

    141 2nd SE St Arab, AL 35016-1406

    • Residential income homes
    • 4,482 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 11, 2020
    Location Intelligence
    Property ID
    US03-0385327
    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

    • Residential income homes

    Property Details for 141 2nd SE St

    Year built
    1957
    Lot size
    0.57 lot acres
    Property size
    4,482 SF
    Zone code
    11
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    13-07-25-2-002-031.000
    APU
    1307252002031000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arab
    County
    Marshall
    State
    Alabama
    Longitude
    -86.4934
    Latitude
    34.3145
    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
    $1,543
    $1,860
    $36,240
    $38,100
    -
    $9,300
    $181,200
    $190,500

    Comparable in this City

    • Value Estimation
      $645,000
      43,040 SF

      817 2nd NW Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 43,040 SF
      817 2nd NW Ave, Arab, AL 35016-1850
      View Details
    • Value Estimation
      $805,000
      7,752 SF

      1057 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 7,752 SF
      1057 Main St, Arab, AL 35016-1075
      View Details
    • Value Estimation by Request
      3,088 SF

      4th NW St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,088 SF
      4th NW St, Arab, AL 35016
      View Details
    • Value Estimation
      $370,000
      5,544 SF

      110 8th NW St

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,544 SF
      110 8th NW St, Arab, AL 35016-1865
      View Details
    • Value Estimation by Request
      1,901 SF

      100 1st NE Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,901 SF
      100 1st NE Ave, Arab, AL 35016-1283
      View Details
    • Value Estimation
      $420,000
      6,284 SF

      104 1st NE Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,284 SF
      104 1st NE Ave, Arab, AL 35016-1251
      View Details

    Similar Nearby for Sale

    • $1,400,000
      17,561 SF

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      Mixed-use property with apartments and office/storefront spaces in Arab, Alabama.
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    • $69,000
      980 SF

      3 Acres with Two Mobile Homes

      Two mobile homes on a private 3-acre lot.
      45 Parkwood Ln, Arab, AL 35016
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    • $599,000

      Arab, AL Investment Opportunity

      Multi-family rental potential in Arab, Alabama.
      154 S Main St, Arab, AL 35016
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    • $799,000
      0.64 Acres

      Prime Commercial Opportunity in Arab

      6,500 sq ft commercial property in high-traffic Arab location.
      222 Brindlee Mountain Pkwy N, Arab, AL 35016
      View Details
    • $137,000
      0.60 Acres

      Commercial Land on US 231

      Level corner lot with high visibility on Brindlee Mtn. Pkwy.
      8198 Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $35,000
      0.35 Acres

      Residential Lot in Cody Hills

      Cleared, flat lot ready for building a dream home.
      24 Chambers Rd, Arab, AL 35016
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      12,000 SF

      Brindlee Mountain Retail Space

      High-traffic Arab, AL retail space.
      576 Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $750 /Mo

      Office Space For Lease

      750 SF office space available for lease.
      9582 Hwy, Arab, AL 35016
      View Details
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    141 2nd SE St
    Arab, AL 35016-1406
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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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