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    301 Old Hwy 431 Owens Cross Roads, AL 35763-9265
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    Property profile & analytics

    301 Old Hwy 431, Owens Cross Roads, AL 35763-9265

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    • Commercial real estate
    • 7,500 SF
    • 0.63 lot acres
    Off-Market
    Last Sale Mar 12, 2021
    $1,700,000
    Property ID
    US03-2363047
    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.

    Value Estimations
    $1,670,000
    Show details
    Cap Rate Potential
    4.2%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 301 Old Hwy 431

    Year built
    2018
    Construction
    WOOD
    Lot size
    0.63 lot acres
    Property type
    Commercial real estate
    APN
    18-07-25-0-003-038.000
    APU
    1807250003038000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 12, 2021 $1,700,000 Douglass Properties LLC Grace Life LLC Warranty Deed $850k · Bryant Bank
    Jan 24, 2019 $500 Grace Life LLC Douglas,lyle Correction Deed · related —
    Jan 4, 2019 — Grace Life LLC — Deed · related $526k · Bancorpsouth
    Aug 28, 2018 $500 Grace Life LLC Hampton Cove LLC Quit Claim Deed · related —
    Aug 3, 2018 $50,000 Lyle Douglas Grace Life LLC Warranty Deed —
    Dec 19, 2017 — Grace Life LLC — Trustees Deed · related $526k · Bancorpsouth
    Oct 25, 2016 $350,000 Hampton Cove LLC Grace Life LLC Warranty Deed —
    Jul 13, 2009 — Grace Life LLC — Trustees Deed · related $484k · Worthington Federal Bank
    — — Grace Life LLC — Deed Of Trust · related $526k · Bancorpsouth
    — — Grace Life LLC — Deed Of Trust · related $516k · Miscellaneous Govt Agcy
    — — Grace Life LLC — Deed Of Trust · related $519k · Worthington Federal Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,140,000
      ML approach
      $2,115,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,510,000
      6.5%
      $1,395,000
      7%
      $1,295,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,340,000
      Market price range: $643k - $2.40M
      AI Estimate
      $1,306,000
      Market price range: $536k - $2.14M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,270,000
      Current use
      MEDICAL BUILDING
      $1,560,000
      Change: +23% Conversion: Easy
      OFFICE BUILDING
      $1,250,000
      Change: -2% Conversion: Easy
      RETAIL STORES
      $1,135,000
      Change: -11% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Owens Cross Roads
    County
    Madison
    State
    Alabama
    Longitude
    -86.4752
    Latitude
    34.6607
    CBSA code
    26620
    CBSA name
    HUNTSVILLE, 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
    $9,524
    $5,440
    $158,760
    $164,200
    -
    $27,200
    $793,800
    $821,000
    More about this property
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