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    Property profile & analytics

    242 Main St Arab, AL 35016-1352

    • Retail space
    • 6,300 SF
    • 4.72 lot acres
    OFF-MARKET
    Value Estimation
    $90,000
    Last Sale
    May 12, 2020
    $95,000
    Location Intelligence
    Property ID
    US03-0582967
    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

    • TESA Thrift Store and Food Pantry / Thrift Store / Community Center

    Property Details for 242 Main St

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.72 lot acres
    Property size
    6,300 SF
    Zone code
    11
    Property type
    Retail space
    APN
    13-07-26-1-004-004.000
    APU
    1307261004004000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arab
    County
    Marshall
    State
    Alabama
    Longitude
    -86.4979
    Latitude
    34.3128
    CBSA code
    10700
    CBSA name
    ALBERTVILLE, 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
    $0.00
    $5,580
    $48,980
    $54,560
    -
    $27,900
    $244,900
    $272,800

    Comparable in this City

    • Value Estimation by Request
      3,648 SF

      100 Cullman Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,648 SF
      100 Cullman Rd, Arab, AL 35016-1362
      View Details
    • Value Estimation by Request
      1,206 SF

      22 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,206 SF
      22 Main St, Arab, AL 35016-1239
      View Details
    • Value Estimation by Request
      1,500 SF

      14 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      14 Main St, Arab, AL 35016-1239
      View Details
    • Value Estimation by Request
      1,638 SF

      31 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,638 SF
      31 Main St, Arab, AL 35016-1255
      View Details
    • Value Estimation
      $460,000
      6,604 SF

      715 Brindlee Mtn Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 6,604 SF
      715 Brindlee Mtn Pkwy, Arab, AL 35016-1056
      View Details
    • Value Estimation
      $1,020,000
      13,340 SF

      841 Brindlee Mtn Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 13,340 SF
      841 Brindlee Mtn Pkwy, Arab, AL 35016-1057
      View Details

    Similar Nearby for Sale

    • $450,000
      0.39 Acres

      Corner Lot Commercial Property

      9500 sq ft commercial property on corner lot.
      218 S Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $165,000

      Downtown Arab Commercial Opportunity

      Located off Main Street, renovated downtown Arab, customizable interior.
      19 1St Ave NW, Arab, AL 35016
      View Details
    • $6,300,000
      1.55 Acres

      Retail Building with Warehouse

      44,000 SF retail building with additional 12,500 SF warehouse.
      124 Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $259,000
      1.20 Acres

      Commercial Property on Corner Lot

      High-traffic corner lot with metal building and rental spaces.
      10047 Hwy 231, Arab, AL 35016
      View Details
    • $125,000
      0.14 Acres

      Downtown Arab Commercial Opportunity

      Prime commercial storefront with unique green space in historic district.
      11 1St St NW, Arab, AL 35016
      View Details
    • $275,000

      Commercial Building in Arab, Alabama

      Four-unit commercial building with road frontage in Arab, Alabama.
      401 4Th Ave, Arab, AL 35016
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      12,000 SF

      Brindlee Mountain Retail Space

      High-traffic Arab, AL retail space.
      576 Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $750 /Mo

      Office Space For Lease

      Office space for lease at Brindlee Mountain Storage.
      9582 Hwy 231, Arab, AL 35016
      View Details
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    242 Main St
    Arab, AL 35016-1352
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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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