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    Property profile & analytics

    24988 Us Hwy 29 Andalusia, AL 36421-9762

    • Manufacturing properties
    • 18,400 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    $525,000
    Location Intelligence
    Property ID
    US03-2480636
    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

    • Manufacturing properties

    Property Details for 24988 Us Hwy 29

    Year built
    1976
    Lot size
    5.00 lot acres
    Property size
    18,400 SF
    Property type
    Manufacturing properties
    APN
    23-13-03-05-1-001-002.001
    APU
    231303051001002001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Andalusia
    County
    Covington
    State
    Alabama
    Longitude
    -86.4699
    Latitude
    31.3506

    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
    $2,635
    $5,700
    $91,876
    $97,576
    -
    $28,500
    $459,380
    $487,880

    Comparable in this City

    • Value Estimation
      $225,000
      9,440 SF

      264 Progress Dr

      MANUFACTURING (LIGHT) • 9,440 SF
      264 Progress Dr, Andalusia, AL 36421-9784
      View Details
    • Value Estimation by Request
      102,749 SF

      Andalusia, AL 36421

      MANUFACTURING (LIGHT) • 102,749 SF
      Andalusia, AL 36421
      View Details
    • Value Estimation
      $510,000
      8,200 SF

      Andalusia, AL 36421

      MANUFACTURING (LIGHT) • 8,200 SF
      Andalusia, AL 36421
      View Details
    • Value Estimation by Request
      9,750 SF

      Progress Dr

      MANUFACTURING (LIGHT) • 9,750 SF
      Progress Dr, Andalusia, AL 36421
      View Details
    • Value Estimation by Request
      30,000 SF

      Andalusia, AL 36421

      MANUFACTURING (LIGHT) • 30,000 SF
      Andalusia, AL 36421
      View Details
    • Value Estimation by Request
      933,625 SF

      Andalusia, AL 36421

      MANUFACTURING (LIGHT) • 933,625 SF
      Andalusia, AL 36421
      View Details

    Similar Nearby for Sale

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      High-exposure commercial land parcel suitable for retail or food service.
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      Undeveloped land suitable for residential development in Andalusia, Alabama.
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      5-Acre Vacant Land Parcel

      Vacant land with potential for home, mobile home, or mini-farm.
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    • Contact for pricing
      1.11 Acres

      Residential Land Near Gantt Lake

      Over one acre lot in Straughn school district.
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    Similar Nearby for Lease

    • $1,482,353

      New Andalusia Retail Investment Property

      New construction retail property in Andalusia, Alabama, available for lease.
      25332 Straughn School Rd, Andalusia, AL 36421
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space on Hwy 84

      Retail space with frontage on Hwy 84 and ample parking.
      Us Highway 84, Andalusia, AL 36421
      View Details
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    24988 Us Hwy 29
    Andalusia, AL 36421-9762
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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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