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    Property profile & analytics

    2 48th St Lanett, AL 36863

    • Medical offices
    • 4,121 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US03-2149363
    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

    • Medical offices

    Property Details for 2 48th St

    Year built
    1951
    Lot size
    1.06 lot acres
    Property size
    4,121 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    12-18-03-07-4-001-009.000
    APU
    121803074001009000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lanett
    County
    Chambers
    State
    Alabama
    Longitude
    -85.1713
    Latitude
    32.8249
    CBSA code
    29300
    CBSA name
    LAGRANGE, GA-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
    $4,308
    $5,700
    $95,660
    $101,360
    -
    $28,480
    $478,240
    $506,720

    Comparable in this City

    • Value Estimation by Request
      5,080 SF

      Veterans Mem Pkwy

      MEDICAL BUILDING • 5,080 SF
      Veterans Mem Pkwy, Lanett, AL 36863
      View Details
    • Value Estimation
      $440,000
      6,166 SF

      1902 48th St

      MEDICAL BUILDING • 6,166 SF
      1902 48th St, Lanett, AL 36863
      View Details
    • Value Estimation
      $695,000
      31,581 SF

      702 13th St

      HOMES (RETIRED, NURSING) • 31,581 SF
      702 13th St, Lanett, AL 36863-2834
      View Details
    • Value Estimation by Request
      584 SF

      107 Lanier Ave

      OFFICE BUILDING • 584 SF
      107 Lanier Ave, Lanett, AL 36863-2013
      View Details
    • Value Estimation by Request
      9,435 SF

      2437 Phillips Rd

      OFFICE BUILDING • 9,435 SF
      2437 Phillips Rd, Lanett, AL 36863-6223
      View Details
    • Value Estimation by Request
      5,028 SF

      6th Ave

      OFFICE BUILDING • 5,028 SF
      6th Ave, Lanett, AL 36863
      View Details

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    2 48th St
    Lanett, AL 36863
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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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