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    Property profile & analytics

    1706 1st Ave Selma, AL 36703-3402

    • Grocery and convenience stores
    • 1,970 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1355344
    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

    • First Avenue Mini Mart / Convenience Store

    Property Details for 1706 1st Ave

    Year built
    1950
    Lot size
    0.11 lot acres
    Property size
    1,970 SF
    Zone code
    S
    Property type
    Grocery and convenience stores
    APN
    11072540010010000
    APU
    11072540010010000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Dallas
    State
    Alabama
    Longitude
    -87.0146
    Latitude
    32.4221
    CBSA code
    42820
    CBSA name
    SELMA, AL MICROPOLITAN 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
    $1,227
    $0.00
    $0.00
    $21,340
    -
    $2,400
    $104,300
    $106,700

    Comparable in this City

    • Value Estimation
      $1,170,000
      2,548 SF

      9021 Al Hwy 14th E

      CONVENIENCE STORE • 2,548 SF
      9021 Al Hwy 14th E, Selma, AL 36703-5639
      View Details
    • Value Estimation by Request
      1,216 SF

      1830 Al Hwy 14th E

      CONVENIENCE STORE • 1,216 SF
      1830 Al Hwy 14th E, Selma, AL 36703-1525
      View Details
    • Value Estimation by Request
      2,264 SF

      1601 Old Montgomery Rd

      CONVENIENCE STORE • 2,264 SF
      1601 Old Montgomery Rd, Selma, AL 36703-7637
      View Details
    • Value Estimation by Request
      120 SF

      1501 Al Hwy 14th E

      CONVENIENCE STORE • 120 SF
      1501 Al Hwy 14th E, Selma, AL 36703-3201
      View Details
    • Value Estimation by Request
      2,088 SF

      1406 Marie Foster St

      CONVENIENCE STORE • 2,088 SF
      1406 Marie Foster St, Selma, AL 36703
      View Details
    • Value Estimation by Request
      9,290 SF

      20 Washington St

      GROCERY, SUPERMARKET • 9,290 SF
      20 Washington St, Selma, AL 36703-4448
      View Details

    Similar Nearby for Sale

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      Six-lot mobile home park, high yield potential.
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      Residential Land in Valley Grande

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    • $199,900
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      42 Acres of Versatile Land

      Expansive land in Dallas County for building, recreation, or investment.
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    • $34,900
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      Land For Sale, Selma, AL

      Land available in Selma, Alabama.
      1112 Highland Ave, Selma, AL 36703
      View Details
    • $5,375,000
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      Selma Multifamily Investment Opportunity

      120-unit apartment community in Selma, Alabama, with value-add potential.
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      View Details
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    Selma, AL 36703-3402
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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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