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    Property profile & analytics

    21426 Us Hwy 231 Ragland, AL 35131

    • Grocery and convenience stores
    • 2,721 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 21, 2024
    Location Intelligence
    Property ID
    US03-2967614
    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 21426 Us Hwy 231

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.70 lot acres
    Property size
    2,721 SF
    Property type
    Grocery and convenience stores
    APN
    23-01-12-0-001-042.002
    APU
    2301120001042002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ragland
    County
    St. Clair
    State
    Alabama
    Longitude
    -86.2769
    Latitude
    33.6548
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN 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
    2022
    $1,449
    $4,760
    $35,494
    $40,254
    -
    $23,800
    $177,470
    $201,270

    Comparable in this City

    • Value Estimation
      $240,000
      1,145 SF

      21403 Us Hwy 231

      CONVENIENCE STORE • 1,145 SF
      21403 Us Hwy 231, Ragland, AL 35131-5117
      View Details
    • Value Estimation
      $535,000
      1,682 SF

      691 Main St

      CONVENIENCE STORE • 1,682 SF
      691 Main St, Ragland, AL 35131-3011
      View Details
    • Value Estimation
      $280,000
      2,874 SF

      Ragland, AL 35131

      FINANCIAL BUILDING • 2,874 SF
      Ragland, AL 35131
      View Details
    • Value Estimation by Request
      10,500 SF

      771 Main St

      Individual retail properties • 10,500 SF
      771 Main St, Ragland, AL 35131
      View Details
    • Value Estimation
      $315,000
      9,293 SF

      26 9th St

      RETAIL STORES (PERSONAL SERVICES) • 9,293 SF
      26 9th St, Ragland, AL 35131
      View Details
    • Value Estimation by Request
      602 SF

      14754 Al Hwy 144

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 602 SF
      14754 Al Hwy 144, Ragland, AL 35131-4100
      View Details

    Similar Nearby for Sale

    • $1,302,000
      10,500 SF

      Family Dollar/Dollar Tree Retail Investment

      High-yield NNN lease, strong tenant.
      771 Main St, Ragland, AL 35131
      View Details
    • $774,900
      76.80 Acres

      Barksdale Farm: 76 Acres in Alabama

      76-acre farm, residential zoning, stunning views.
      400 Morgan Bridge Rd, Ragland, AL 35131
      View Details
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    21426 Us Hwy 231
    Ragland, AL 35131
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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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