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    Property profile & analytics

    261 Main St Arab, AL 35016-1353

    • Office buildings
    • 24,851 SF
    • 1.25 lot acres
    OFF-MARKET
    Value Estimation
    $595,000
    Last Sale
    Nov 06, 2024
    Location Intelligence
    Property ID
    US03-1011759
    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

    • The Hawkins Law Firm / Attorney
    • King Deborah / Attorney

    Property Details for 261 Main St

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.25 lot acres
    Property size
    24,851 SF
    Zone code
    11
    Property type
    Office buildings
    APN
    13-07-26-1-004-005.000
    APU
    1307261004005000

    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
    -86.4956
    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
    $0.00
    $402,340
    $402,340
    -
    $0.00
    $2,011,700
    $2,011,700

    Comparable in this City

    • Value Estimation by Request
      1,430 SF

      3120 County Rd 231

      OFFICE BUILDING • 1,430 SF
      3120 County Rd 231, Arab, AL 35016
      View Details
    • Value Estimation by Request
      1,881 SF

      158 Brindlee Mtn Pkwy

      OFFICE BUILDING • 1,881 SF
      158 Brindlee Mtn Pkwy, Arab, AL 35016-1316
      View Details
    • Value Estimation by Request
      1,500 SF

      150 Brindlee Mtn Pkwy

      OFFICE BUILDING • 1,500 SF
      150 Brindlee Mtn Pkwy, Arab, AL 35016-1316
      View Details
    • Value Estimation by Request
      864 SF

      1162 Brindlee Mtn Pkwy

      OFFICE BUILDING • 864 SF
      1162 Brindlee Mtn Pkwy, Arab, AL 35016-1063
      View Details
    • Value Estimation by Request
      1,092 SF

      12 Guntersville Rd

      OFFICE BUILDING • 1,092 SF
      12 Guntersville Rd, Arab, AL 35016-1125
      View Details
    • Value Estimation by Request
      2,024 SF

      1157 Main St

      OFFICE BUILDING • 2,024 SF
      1157 Main St, Arab, AL 35016-1071
      View Details

    Similar Nearby for Sale

    • $1,250,000
      1.11 Acres

      Professional Office Spaces in Arab, AL

      Three professional office spaces available for sale or lease.
      1510 N Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $399,000
      0.21 Acres

      Commercial Building in Arab, AL

      Commercial building with high visibility and traffic in Arab, AL.
      1521 Old Huntsville Hwy, Arab, AL 35016
      View Details
    • $1,400,000
      17,561 SF

      Mixed-Use Asset in Downtown Arab

      Mixed-use property with apartments and office/storefront spaces in Arab, Alabama.
      31 NW 8Th St, Arab, AL 35016
      View Details
    • $35,000
      0.35 Acres

      Residential Lot in Cody Hills

      Cleared, flat lot ready for building a dream home.
      24 Chambers Rd, Arab, AL 35016
      View Details
    • $137,000
      0.60 Acres

      Commercial Land on US 231

      Level corner lot with high visibility on Brindlee Mtn. Pkwy.
      8198 Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $35,000
      0.54 Acres

      Cleared Lot Ready to Build

      Cleared and flat lot in Arab, Alabama ready to build.
      27 Chambers Rd, Arab, AL 35016
      View Details

    Similar Nearby for Lease

    • $750 /Mo

      Office Space For Lease

      750 SF office space available for lease.
      9582 Hwy, Arab, AL 35016
      View Details
    • $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
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    261 Main St
    Arab, AL 35016-1353
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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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