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    Property profile & analytics

    1500 Lafayette Hwy Roanoke, AL 36274-7354

    • Turn key restaurants
    • 6,264 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US03-2219165
    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

    • Turn key restaurants

    Property Details for 1500 Lafayette Hwy

    Year built
    2007
    Construction
    METAL FRAME
    Lot size
    0.56 lot acres
    Property size
    6,264 SF
    Property type
    Turn key restaurants
    APN
    56 21 01 11 0 001 032.004
    APU
    562101110001032004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Randolph
    State
    Alabama
    Longitude
    -85.3623
    Latitude
    33.1189

    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
    $3,321
    $720
    $46,020
    $46,740
    -
    $4,200
    $391,201
    $395,401

    Comparable in this City

    • Value Estimation
      $335,000
      4,652 SF

      4754 Hwy 431us

      RESTAURANT • 4,652 SF
      4754 Hwy 431us, Roanoke, AL 36274-5719
      View Details
    • Value Estimation by Request
      900 SF

      Roanoke, AL 36274

      RESTAURANT • 900 SF
      Roanoke, AL 36274
      View Details
    • Value Estimation by Request
      1,236 SF

      32498 Us Hwy 431

      RESTAURANT • 1,236 SF
      32498 Us Hwy 431, Roanoke, AL 36274-6489
      View Details
    • Value Estimation
      $335,000
      3,113 SF

      3019 Hwy 431

      RESTAURANT • 3,113 SF
      3019 Hwy 431, Roanoke, AL 36274-1738
      View Details
    • Value Estimation
      $390,000
      1,878 SF

      Roanoke, AL 36274

      RESTAURANT • 1,878 SF
      Roanoke, AL 36274
      View Details
    • Value Estimation by Request
      476 SF

      Roanoke, AL 36274

      RESTAURANT • 476 SF
      Roanoke, AL 36274
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Roanoke Retail Space - Highway 431

      High-traffic retail/office space available. Great location, utilities included.
      3164 Highway 431, Roanoke, AL 36274
      View Details
    • $175,000
      0.46 Acres

      Roanoke Retail Land Investment

      Two outparcels near major retailers. High-traffic location.
      3073 Hwy, Roanoke, AL 36274
      View Details
    • Contact for pricing

      High-Traffic Roanoke Retail Space

      Prime Office/Retail, 1200 sq ft, Great Location
      3164 Highway 431, Roanoke, AL 36274
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      Roanoke Retail Space - Highway 431

      High-traffic retail space, utilities included.
      3164 Highway 431, Roanoke, AL 36274
      View Details
    • $750,000
      2.00 Acres

      Versatile Commercial Property in Roanoke

      9,750 SF commercial space with warehouse and office.
      31 Steelview Dr, Roanoke, AL 36274
      View Details
    • Contact for pricing
      0.61 Acres

      Roanoke Building Lot For Sale

      Building lot with utilities available in downtown Roanoke, Alabama.
      Cauthen Cir, Roanoke, AL 36274
      View Details
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    1500 Lafayette Hwy
    Roanoke, AL 36274-7354
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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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