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    Property profile & analytics

    16478 Hwy 41st N Franklin, AL 36444-5461

    • Grocery and convenience stores
    • 1,711 SF
    • 9.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2772396
    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

    • Grocery and convenience stores

    Property Details for 16478 Hwy 41st N

    Year built
    2015
    Lot size
    9.00 lot acres
    Property size
    1,711 SF
    Property type
    Grocery and convenience stores
    APN
    51 08 09 31 0 000 002.001
    APU
    510809310000002001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Monroe
    State
    Alabama
    Longitude
    -87.4095
    Latitude
    31.7108

    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
    $681
    $0.00
    $0.00
    $21,940
    -
    $19,480
    $90,170
    $109,650

    Comparable in this City

    • Value Estimation by Request
      3,097 SF

      Alg County Rd 17

      CONVENIENCE STORE • 3,097 SF
      Alg County Rd 17, Franklin, AL 36444
      View Details
    • Value Estimation by Request
      1,069 SF

      Co Rd 65th Hwy 41st N

      RETAIL STORES (PERSONAL SERVICES) • 1,069 SF
      Co Rd 65th Hwy 41st N, Franklin, AL 36444
      View Details
    • Value Estimation by Request
      1,878 SF

      Hwy 41st Franklin

      RETAIL STORES (PERSONAL SERVICES) • 1,878 SF
      Hwy 41st Franklin, Franklin, AL 36444
      View Details
    • Value Estimation by Request
      1,808 SF

      Franklin, AL 36444

      RETAIL STORES (PERSONAL SERVICES) • 1,808 SF
      Franklin, AL 36444
      View Details
    • Value Estimation by Request
      1,219 SF

      Alg Holley Crk Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,219 SF
      Alg Holley Crk Rd, Franklin, AL 36444
      View Details
    • Value Estimation by Request
      1,140 SF

      3254 County Rd 61

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,140 SF
      3254 County Rd 61, Franklin, AL 36444-5316
      View Details
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    16478 Hwy 41st N
    Franklin, AL 36444-5461
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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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