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    Property profile & analytics

    221 3rd St Gadsden, AL 35901-4209

    • Investment properties
    • 6,254 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Feb 06, 2024
    Location Intelligence
    Property ID
    US03-2466859
    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

    • Jazmin's Grill and Cantina, LLC / Night Club
    • Heald Contractors Llc / General Contractor

    Property Details for 221 3rd St

    Year built
    1951
    Construction
    BRICK
    Lot size
    0.17 lot acres
    Property size
    6,254 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    15-02-04-4-000-375.000
    APU
    1502044000375000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gadsden
    County
    Etowah
    State
    Alabama
    Longitude
    -86.0034
    Latitude
    34.011
    CBSA code
    23460
    CBSA name
    GADSDEN, 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
    $1,973
    $4,500
    $35,760
    $40,260
    -
    $22,500
    $178,800
    $201,300

    Comparable in this City

    • Value Estimation by Request
      1.01 Acres

      Us Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1.01 Acres
      Us Hwy, Gadsden, AL 35901
      View Details
    • Value Estimation by Request
      1,416 SF

      2195 Whites Chapel Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,416 SF
      2195 Whites Chapel Rd, Gadsden, AL 35901-8171
      View Details
    • Value Estimation by Request
      2,470 SF

      228 Ewing Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,470 SF
      228 Ewing Ave, Gadsden, AL 35901
      View Details
    • Value Estimation by Request
      846 SF

      1213 Gardner St

      OFFICE/RESIDENTIAL (MIXED USE) • 846 SF
      1213 Gardner St, Gadsden, AL 35901
      View Details
    • Value Estimation by Request
      1,224 SF

      Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,224 SF
      Grand Ave, Gadsden, AL 35901
      View Details
    • Value Estimation by Request
      5,120 SF

      439 Locust St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,120 SF
      439 Locust St, Gadsden, AL 35901-3747
      View Details

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    Similar Nearby for Lease

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      Prime commercial property with versatile space in a high-traffic area.
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      Unique Brewpub/Micro-Distillery Retail Opportunity

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      Time Square: Gadsden Office Space

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      401 Locust St, Gadsden, AL 35901
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    Gadsden, AL 35901-4209
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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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