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    Property profile & analytics

    21875 Hwy 43 Mount Vernon, AL 36560

    • Grocery and convenience stores
    • 4,488 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US03-0832843
    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 21875 Hwy 43

    Year built
    1983
    Lot size
    1.26 lot acres
    Property size
    4,488 SF
    Property type
    Grocery and convenience stores
    APN
    01 01 09 0 000 072.001
    APU
    101090000072001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $200,000
      6.5%
      $210,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $170,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $205,000
      Mixed-Use
      $190,000
      Hospitality
      $205,000
      Educational
      $175,000
      Residential Income
      $170,000
      Energy
      $200,000
      Income-Based Land
      $180,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0107
    Latitude
    31.148
    CBSA code
    33660
    CBSA name
    MOBILE, 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
    2023
    $3,102
    $5,500
    $58,460
    $63,960
    -
    $27,500
    $292,300
    $319,800

    Comparable in this City

    • Value Estimation
      $415,000
      2,800 SF

      20270 Hwy 43

      CONVENIENCE STORE • 2,800 SF
      20270 Hwy 43, Mount Vernon, AL 36560-2802
      View Details
    • Value Estimation
      $285,000
      4,415 SF

      17565 Hwy 43

      CONVENIENCE STORE • 4,415 SF
      17565 Hwy 43, Mount Vernon, AL 36560-6426
      View Details
    • Value Estimation
      $3,050,000
      5,643 SF

      20895 Hwy 43

      CONVENIENCE STORE • 5,643 SF
      20895 Hwy 43, Mount Vernon, AL 36560-2803
      View Details
    • Value Estimation
      $220,000
      1,756 SF

      19425 Hwy 43

      CONVENIENCE STORE • 1,756 SF
      19425 Hwy 43, Mount Vernon, AL 36560-3420
      View Details
    • Value Estimation
      $215,000
      3,250 SF

      18940 Hwy 43

      CONVENIENCE STORE • 3,250 SF
      18940 Hwy 43, Mount Vernon, AL 36560-5534
      View Details
    • Value Estimation by Request

      3,328 SF Oak Tree Lounge for Sale

      3,328 SF Oak Tree Lounge for Sale
      17765 us 43 highway, Mount Vernon, AL 36560
      View Details

    Similar Nearby for Sale

    • $269,900
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      Mount Vernon Commercial Building For Sale

      Commercial building in Mt. Vernon, suitable for multiple uses.
      19390 Highway 43, Mount Vernon, AL 36560
      View Details
    • $189,000
      0.44 Acres

      Established Bar/Lounge Turnkey Opportunity

      Turnkey bar/lounge for sale with furniture, fixtures, and equipment.
      17765 Highway 43, Mount Vernon, AL 36560
      View Details
    • $199,000
      1.45 Acres

      Commercial Lots on Highway 43

      Cleared land ready to build, with frontage on Highway 43.
      Highway 43, Mount Vernon, AL 36560
      View Details
    • $375,000

      Land For Sale

      Land available for sale.
      20950 Highway 43, Mount Vernon, AL 36560
      View Details
    • $137,900
      1,050 SF

      North Mobile County Brick Home

      Three-bedroom home in North Mobile County with spacious yard.
      19693 W Marion Dr, Mount Vernon, AL 36560
      View Details
    • $2,400,000

      174 Acres on Mobile River

      Development land with frontage on the Mobile River.
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      View Details
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    21875 Hwy 43
    Mount Vernon, AL 36560
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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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