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    Property profile & analytics

    27950 Us Hwy 98 Elberta, AL 36530-2836

    • Turn key restaurants
    • 2,472 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 15, 2020
    Location Intelligence
    Property ID
    US03-3079635
    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 27950 Us Hwy 98

    Year built
    1994
    Lot size
    1.00 lot acres
    Property size
    2,472 SF
    Property type
    Turn key restaurants
    APN
    53-08-27-0-000-001.006
    APU
    5308270000001006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elberta
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.5488
    Latitude
    30.4141
    CBSA code
    19300
    CBSA name
    DAPHNE-FAIRHOPE, 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
    $1,461
    $17,840
    $34,340
    $52,180
    -
    $89,200
    $171,700
    $260,900

    Comparable in this City

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      $400,000
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      6664 County Rd 95

      RESTAURANT • 2,180 SF
      6664 County Rd 95, Elberta, AL 36530-5724
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    • Value Estimation by Request
      5,600 SF

      13120 Illinois St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,600 SF
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    • Value Estimation by Request
      693 SF

      28171 Freshwater Ln

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 693 SF
      28171 Freshwater Ln, Elberta, AL 36530-4343
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    • Value Estimation
      $310,000
      5,105 SF

      25320 Us Hwy 98

      RETAIL STORES (PERSONAL SERVICES) • 5,105 SF
      25320 Us Hwy 98, Elberta, AL 36530-2656
      View Details
    • Value Estimation
      $410,000
      3,020 SF

      29451 Us Hwy 98

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,020 SF
      29451 Us Hwy 98, Elberta, AL 36530-2954
      View Details

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    27950 Us Hwy 98
    Elberta, AL 36530-2836
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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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