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    Property profile & analytics

    16521 Us Hwy 29 Andalusia, AL 36420-7247

    • Grocery and convenience stores
    • 1,872 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 23, 2024
    $15,700,000
    Location Intelligence
    Property ID
    US03-2369524
    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 16521 Us Hwy 29

    Year built
    2013
    Construction
    BRICK
    Lot size
    0.34 lot acres
    Property size
    1,872 SF
    Property type
    Grocery and convenience stores
    APN
    23-14-07-36-0-001-013.000
    APU
    231407360001013000

    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
    -86.5095
    Latitude
    31.2725

    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
    $2,064
    $500
    $75,964
    $76,464
    -
    $2,500
    $379,820
    $382,320

    Comparable in this City

    • Value Estimation by Request
      780 SF

      Andalusia, AL 36420

      CONVENIENCE STORE • 780 SF
      Andalusia, AL 36420
      View Details
    • Value Estimation by Request
      2,532 SF

      421 3rd Notch St

      CONVENIENCE STORE • 2,532 SF
      421 3rd Notch St, Andalusia, AL 36420-4406
      View Details
    • Value Estimation
      $405,000
      1,170 SF

      630 Dr M L K Jr Expy

      CONVENIENCE STORE • 1,170 SF
      630 Dr M L K Jr Expy, Andalusia, AL 36420-2200
      View Details
    • Value Estimation
      $350,000
      210 SF

      Andalusia, AL 36420

      CONVENIENCE STORE • 210 SF
      Andalusia, AL 36420
      View Details
    • Value Estimation
      $1,020,000
      2,643 SF

      1139 Dr M L K Jr Expy

      CONVENIENCE STORE • 2,643 SF
      1139 Dr M L K Jr Expy, Andalusia, AL 36420-2233
      View Details
    • Value Estimation by Request
      1,568 SF

      101 Riv Fls St

      CONVENIENCE STORE • 1,568 SF
      101 Riv Fls St, Andalusia, AL 36420-3007
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      92,000 SF

      Westgate Plaza: Andalusia Retail Space

      Prime Andalusia retail/office opportunity. High-traffic location.
      700 Westgate Plz, Andalusia, AL 36420
      View Details
    • $134 SF/Yr
      5,500 SF

      Andalusia Office Space Available

      1,250 sq ft renovated office suite
      408 River Falls St, Andalusia, AL 36420
      View Details
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    16521 Us Hwy 29
    Andalusia, AL 36420-7247
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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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