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    Property profile & analytics

    16111 Us Hwy 29 Andalusia, AL 36420-7242

    • Warehouses
    • 10,026 SF
    • 2.47 lot acres
    OFF-MARKET
    Value Estimation
    $150,000
    Last Sale
    Jan 24, 2020
    $140,000
    Location Intelligence
    Property ID
    US03-2177622
    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

    • Warehouses

    Property Details for 16111 Us Hwy 29

    Year built
    1993
    Lot size
    2.47 lot acres
    Property size
    10,026 SF
    Property type
    Warehouses
    APN
    23-14-07-36-0-001-025.005
    APU
    231407360001025005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Andalusia
    County
    Covington
    State
    Alabama
    Longitude
    -86.5134
    Latitude
    31.2674

    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
    $1,295
    $3,400
    $44,556
    $47,956
    -
    $17,000
    $222,780
    $239,780

    Comparable in this City

    • Value Estimation by Request
      924 SF

      Andalusia, AL 36420

      WAREHOUSE, STORAGE • 924 SF
      Andalusia, AL 36420
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    • Value Estimation by Request
      1,500 SF

      Andalusia, AL 36420

      WAREHOUSE, STORAGE • 1,500 SF
      Andalusia, AL 36420
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    • Value Estimation by Request
      3,344 SF

      Carlton St

      WAREHOUSE, STORAGE • 3,344 SF
      Carlton St, Andalusia, AL 36420
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    • Value Estimation by Request
      5,376 SF

      Cres St

      WAREHOUSE, STORAGE • 5,376 SF
      Cres St, Andalusia, AL 36420
      View Details
    • Value Estimation by Request
      2,604 SF

      Watson St

      WAREHOUSE, STORAGE • 2,604 SF
      Watson St, Andalusia, AL 36420
      View Details
    • Value Estimation by Request
      4,110 SF

      203 3rd Notch St

      WAREHOUSE, STORAGE • 4,110 SF
      203 3rd Notch St, Andalusia, AL 36420-3122
      View Details

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      Freestanding building with private parking in high-traffic area.
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    Similar Nearby for Lease

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    16111 Us Hwy 29
    Andalusia, AL 36420-7242
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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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