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    Property profile & analytics

    2040 County Rd 616 Hanceville, AL 35077-8201

    • Sports & entertainment properties
    • 560 SF
    • 10.12 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1351968
    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

    • Sports & entertainment properties

    Property Details for 2040 County Rd 616

    Year built
    2018
    Lot size
    10.12 lot acres
    Property size
    560 SF
    Property type
    Sports & entertainment properties
    APN
    22-01-12-0-001-039.001
    APU
    2201120001039001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanceville
    County
    Cullman
    State
    Alabama
    Longitude
    -86.806
    Latitude
    34.0947
    CBSA code
    18980
    CBSA name
    CULLMAN, 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
    $327
    $0.00
    $0.00
    $12,560
    -
    $68,300
    $66,300
    $134,600

    Comparable in this City

    • Value Estimation by Request
      432 SF

      2334 County Rd 541

      RECREATIONAL, ENTERTAINMENT • 432 SF
      2334 County Rd 541, Hanceville, AL 35077-6114
      View Details
    • Value Estimation by Request
      2,400 SF

      Hanceville, AL 35077

      RECREATIONAL, ENTERTAINMENT • 2,400 SF
      Hanceville, AL 35077
      View Details
    • Value Estimation by Request
      1,536 SF

      320 County Rd 546

      RECREATIONAL, ENTERTAINMENT • 1,536 SF
      320 County Rd 546, Hanceville, AL 35077-6267
      View Details
    • Value Estimation by Request
      960 SF

      1542 County Rd 617

      RECREATIONAL, ENTERTAINMENT • 960 SF
      1542 County Rd 617, Hanceville, AL 35077
      View Details
    • Value Estimation by Request
      800 SF

      440 County Rd 562

      RECREATIONAL, ENTERTAINMENT • 800 SF
      440 County Rd 562, Hanceville, AL 35077-7842
      View Details
    • Value Estimation by Request
      1,875 SF

      Hanceville, AL 35077

      RECREATIONAL, ENTERTAINMENT • 1,875 SF
      Hanceville, AL 35077
      View Details

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    2040 County Rd 616
    Hanceville, AL 35077-8201
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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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