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    Property profile & analytics

    23945 John T Reid Pkwy Scottsboro, AL 35768

    • Motels
    • 6,118 SF
    • 2.76 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US03-1990061
    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

    • Budgetel Inn & Suites / Hotel
    • Budgetel Inn / Hotel

    Property Details for 23945 John T Reid Pkwy

    Year built
    1984
    Lot size
    2.76 lot acres
    Property size
    6,118 SF
    Property type
    Motels
    APN
    39 27 09 29 4 000 004.003
    APU
    392709294000004003

    Description

    This exceptional two-acre commercial land parcel presents a rare opportunity for development in Scottsboro, Alabama. Located on Highway 78, this site boasts significant contiguous frontage, offering excellent visibility and accessibility for any commercial venture. The property is delivered pad-ready, eliminating costly site preparation and expediting the construction process. This is one of the last remaining pad-ready sites available in the immediate market, making it a highly desirable investment. The property's strategic location is further enhanced by the planned extension of a service road connecting Liberty and Byron, improving traffic flow and accessibility. Adding to the area's appeal, a new Citizens Bank branch is slated to open soon just west of the parcel, bringing increased foot traffic and commercial activity to the vicinity. The property's address is 23945 John T Reid Pkwy, Scottsboro, AL 35768, situated in Jackson County. The precise acreage is approximately two acres. This prime location and ready-to-build status make this an unparalleled opportunity for businesses seeking a high-visibility, easily accessible location in a growing area. The site's characteristics make it ideal for a variety of commercial uses.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Scottsboro
    County
    Jackson
    State
    Alabama
    Longitude
    -86.018
    Latitude
    34.6584
    CBSA code
    42460
    CBSA name
    SCOTTSBORO, 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
    $16,053
    $0.00
    $0.00
    $330,980
    -
    $390,700
    $1,264,200
    $1,654,900

    Comparable in this City

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      12,255 SF

      23518 John T Reid Pkwy

      MOTEL • 12,255 SF
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      25775 John T Reid Pkwy

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      12,582 SF

      24747 John T Reid Pkwy

      HOTEL • 12,582 SF
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    • Value Estimation by Request
      1.70 Acres

      Jefferson Dr

      CHARITABLE ORGANIZATION • 1.70 Acres
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      View Details

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    Scottsboro, AL 35768
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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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