Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    30478 Highway 278 Addison, AL 35540

    • Turn key restaurants
    • 2,303 SF
    • 3.10 lot acres
    For Sale
    View listing
    $169,900
    Value Estimation
    Last Sale
    Aug 13, 2024
    $150,000
    Location Intelligence
    Property ID
    US03-2217107
    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 30478 Highway 278

    Year built
    1971
    Lot size
    3.10 lot acres
    Property size
    2,303 SF
    Property type
    Turn key restaurants
    APN
    67 10 03 05 0 202 014.001
    APU
    671003050202014001

    Description

    This exceptional 2,400 square foot commercial building presents a remarkable investment opportunity in the heart of Addison, Alabama. Situated on a 3.1-acre lot at 30478 W Hwy 278, this property benefits from high visibility and substantial traffic flow, drawing from both local businesses and lake-related commerce, as well as passing motorists. Currently configured as a former Subway restaurant, the building is ready for immediate occupancy and could easily be reopened as a Subway or repurposed to suit a variety of commercial ventures. The adaptable layout lends itself to diverse uses, including but not limited to restaurants, office spaces, daycare centers, or retail establishments. The significant acreage behind the main building offers considerable potential for expansion or the creation of additional income-generating structures. This prime location and versatile space make this property an ideal investment for entrepreneurs and business owners seeking a thriving commercial presence in Addison. The asking price is $169,900. Don't miss this chance to capitalize on the significant potential of this well-situated commercial property.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Winston
    State
    Alabama
    Longitude
    -87.1837
    Latitude
    34.2018

    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
    $1,246
    $0.00
    $0.00
    $37,760
    -
    $46,200
    $149,860
    $196,060

    Comparable in this City

    • Value Estimation by Request
      3,560 SF

      32193 Hwy 278

      RESTAURANT • 3,560 SF
      32193 Hwy 278, Addison, AL 35540-3673
      View Details
    • Value Estimation by Request
      2,240 SF

      Addison, AL 35540

      RESTAURANT • 2,240 SF
      Addison, AL 35540
      View Details
    • Value Estimation
      $155,000
      2,232 SF

      Addison, AL 35540

      RESTAURANT • 2,232 SF
      Addison, AL 35540
      View Details
    • Value Estimation by Request
      3,816 SF

      30577 Hwy 278

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,816 SF
      30577 Hwy 278, Addison, AL 35540-2140
      View Details
    • Value Estimation by Request
      2,642 SF

      Addison, AL 35540

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,642 SF
      Addison, AL 35540
      View Details
    • Value Estimation by Request
      1,107 SF

      Addison, AL 35540

      RETAIL STORES (PERSONAL SERVICES) • 1,107 SF
      Addison, AL 35540
      View Details

    Similar Nearby for Sale

    • $125,900

      Land For Sale in Arley

      Wooded building lot near Smith Lake in Arley, Alabama.
      47 Osprey Ave, Arley, AL 35540
      View Details
    • $119,900

      Land in Arley, Alabama

      Building lot near Smith Lake with gentle slope and wooded area.
      51 Osprey Ave, Arley, AL 35540
      View Details
    • $120,000
      4,000 SF

      Addison Commercial Building - Huge Potential

      Versatile 4,000 sq ft building on 2 acres
      31485 Highway 278, Addison, AL 35540
      View Details
    • $109,900

      Land For Sale in Arley

      Wooded land lot with gentle slope near Smith Lake.
      25 Pelican Dr, Arley, AL 35540
      View Details
    • $129,900

      Arley, AL Wooded Building Lot

      Wooded lot near Smith Lake, suitable for building.
      55 Flamingo, Arley, AL 35540
      View Details
    • $125,900

      Land For Sale in Arley

      Land in Arley, Alabama, suitable for building.
      41 Osprey Ave, Arley, AL 35540
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    30478 Highway 278
    Addison, AL 35540
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.