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    Property profile & analytics

    2415 Red Hl Rd Eclectic, AL 36024-4452

    • Turn key restaurants
    • 2,433 SF
    • 32.15 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US03-2861608
    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

    • Turn key restaurants

    Property Details for 2415 Red Hl Rd

    Year built
    2007
    Lot size
    32.15 lot acres
    Property size
    2,433 SF
    Property type
    Turn key restaurants
    APN
    07-08-27-0-002-051.001
    APU
    708270002051001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eclectic
    County
    Elmore
    State
    Alabama
    Longitude
    -85.9528
    Latitude
    32.6903
    CBSA code
    33860
    CBSA name
    MONTGOMERY, 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
    $2,057
    $192,830
    $281,080
    $473,910
    -
    $192,830
    $281,080
    $473,910

    Comparable in this City

    • Value Estimation by Request
      1,320 SF

      4570 Chana Crk Rd

      RESTAURANT • 1,320 SF
      4570 Chana Crk Rd, Eclectic, AL 36024
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    • Value Estimation
      $270,000
      5,150 SF

      4664 Kowaliga Rd

      RESTAURANT • 5,150 SF
      4664 Kowaliga Rd, Eclectic, AL 36024-4813
      View Details
    • Value Estimation
      $200,000
      4,832 SF

      65 Main St

      RESTAURANT • 4,832 SF
      65 Main St, Eclectic, AL 36024-5623
      View Details
    • Value Estimation
      $640,000
      7,264 SF

      295 Kowaliga Marina Rd

      RESTAURANT • 7,264 SF
      295 Kowaliga Marina Rd, Eclectic, AL 36024
      View Details
    • Value Estimation
      $215,000
      2,870 SF

      62 Claud Rd

      RESTAURANT • 2,870 SF
      62 Claud Rd, Eclectic, AL 36024-6265
      View Details
    • Value Estimation
      $355,000
      1,200 SF

      525 Kowaliga Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,200 SF
      525 Kowaliga Rd, Eclectic, AL 36024-5513
      View Details

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      15.95 acre property near Lake Martin with highway frontage.
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    Eclectic, AL 36024-4452
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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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