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    Property profile & analytics

    204 2nd NE Ave Fayette, AL 35555-2607

    • Drive through restaurants
    • 1,390 SF
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US03-2197152
    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

    • Sonic Drive-In / Restaurant / Fast Food Restaurant

    Property Details for 204 2nd NE Ave

    Year built
    1968
    Property size
    1,390 SF
    Zone code
    O
    Property type
    Drive through restaurants
    APN
    32-13-03-06-4-403-048.000
    APU
    321303064403048000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fayette
    County
    Fayette
    State
    Alabama
    Longitude
    -87.8286
    Latitude
    33.686

    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
    $2,366
    $6,640
    $51,060
    $57,700
    -
    $33,200
    $255,300
    $288,500

    Comparable in this City

    • Value Estimation by Request
      144 SF

      Fayette, AL 35555

      DRIVE-THRU RESTAURANT, FAST FOOD • 144 SF
      Fayette, AL 35555
      View Details
    • Value Estimation
      $450,000
      4,374 SF

      1421 Temple N Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,374 SF
      1421 Temple N Ave, Fayette, AL 35555-1717
      View Details
    • Value Estimation by Request
      2,220 SF

      460 Columbus E St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,220 SF
      460 Columbus E St, Fayette, AL 35555-2615
      View Details
    • Value Estimation
      $505,000
      3,772 SF

      2210 Temple N Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,772 SF
      2210 Temple N Ave, Fayette, AL 35555-1120
      View Details
    • Value Estimation
      $170,000
      1,746 SF

      Temple Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,746 SF
      Temple Ave, Fayette, AL 35555
      View Details
    • Value Estimation
      $425,000
      2,800 SF

      Fayette, AL 35555

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,800 SF
      Fayette, AL 35555
      View Details

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    Property Visit Statistics

    • Visits by month
      14.2k
    • Visitors by month
      8.8k
    • Avg Time on site
      24 min
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    Fayette, AL 35555-2607
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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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