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    Property profile & analytics

    1418 Smith SW Ave Decatur, AL 35603-2458

    • Apartment buildings
    • 4,928 SF
    OFF-MARKET
    Value Estimation
    $65,000
    Last Sale
    Aug 06, 2021
    $76,900
    Location Intelligence
    Property ID
    US03-1525729
    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

    • Apartment buildings

    Property Details for 1418 Smith SW Ave

    Year built
    1997
    Construction
    WOOD
    Property size
    4,928 SF
    Property type
    Apartment buildings
    APN
    02-08-27-4-000-214.000
    APU
    208274000214000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.0359
    Latitude
    34.5808
    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
    $1,759
    $3,900
    $34,920
    $38,820
    -
    $19,500
    $174,600
    $194,100

    Comparable in this City

    • Value Estimation by Request
      3,102 SF

      1805 Ororke SW Ln

      APARTMENT HOUSE (5+ UNITS) • 3,102 SF
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    • Value Estimation by Request
      625 SF

      1220 Smith SW Ave

      APARTMENT HOUSE (5+ UNITS) • 625 SF
      1220 Smith SW Ave, Decatur, AL 35603-2467
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    • Value Estimation by Request
      3,696 SF

      408 Tammy SW St

      APARTMENT HOUSE (5+ UNITS) • 3,696 SF
      408 Tammy SW St, Decatur, AL 35603-1670
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    • Value Estimation by Request
      3,696 SF

      410 Tammy SW St

      APARTMENT HOUSE (5+ UNITS) • 3,696 SF
      410 Tammy SW St, Decatur, AL 35603-1671
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    • Value Estimation by Request
      1,740 SF

      226 Cedar Lk SW Rd

      APARTMENT HOUSE (5+ UNITS) • 1,740 SF
      226 Cedar Lk SW Rd, Decatur, AL 35603-1434
      View Details
    • Value Estimation
      $95,000
      3,448 SF

      1810 Graymont SW Ln

      APARTMENT HOUSE (5+ UNITS) • 3,448 SF
      1810 Graymont SW Ln, Decatur, AL 35603-2556
      View Details

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    Similar Nearby for Lease

    • $5,000 /Mo

      Decatur Industrial Space For Lease

      Multi-use complex with warehouse and office space available for lease.
      3074 Finley Island Rd, Decatur, AL 35603
      View Details
    • $15 SF/Yr
      36,737 SF

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    • $6 SF/Yr
      5,000 SF

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      5,000 SF industrial space in Decatur, Alabama available for lease.
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    • Contact for pricing
      35,933 SF

      Decatur Medical Office Suites

      Professionally managed medical office suites for lease near Decatur Morgan Hospital.
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      Decatur Industrial Warehouse - 10,000 SF

      Prime Decatur warehouse, excellent access to I-65.
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    • $8 SF/Yr
      296,000 SF

      Fairground Rd

      Distribution properties • 296,000 SF
      0 Fairground Rd, Decatur, AL 35603
      View Details
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    1418 Smith SW Ave
    Decatur, AL 35603-2458
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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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