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    Property profile & analytics

    31 Megan Ln Cullman, AL 35057-3369

    • Investment properties
    • 9,364 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-1141195
    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

    • Redbox / Movie Rental Kiosk / Dvd Store
    • Western Union / Money Transfer Service
    • FedEx OnSite / Mailing Service
    • Dollar General / Drug Store / Grocery Store

    Property Details for 31 Megan Ln

    Year built
    2007
    Lot size
    0.72 lot acres
    Property size
    9,364 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    22-03-05-0-001-029.007
    APU
    2203050001029007

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cullman
    County
    Cullman
    State
    Alabama
    Longitude
    -86.872
    Latitude
    34.1068
    CBSA code
    18980
    CBSA name
    CULLMAN, 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
    $4,266
    $0.00
    $0.00
    $137,600
    -
    $173,600
    $514,400
    $688,000

    Comparable in this City

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      1,216 SF

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    • Value Estimation by Request
      1,080 SF

      582 County Rd 1170

      STORE/OFFICE (MIXED USE) • 1,080 SF
      582 County Rd 1170, Cullman, AL 35057-0746
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      1,428 SF

      165 County Rd 1242

      STORE/OFFICE (MIXED USE) • 1,428 SF
      165 County Rd 1242, Cullman, AL 35057-6733
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      9,408 SF

      County Rd 222

      STORE/OFFICE (MIXED USE) • 9,408 SF
      County Rd 222, Cullman, AL 35057
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      1,040 SF

      Hwy 278th W

      STORE/OFFICE (MIXED USE) • 1,040 SF
      Hwy 278th W, Cullman, AL 35057
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    • Value Estimation by Request
      2,048 SF

      13025 Us Hwy 278th W

      STORE/OFFICE (MIXED USE) • 2,048 SF
      13025 Us Hwy 278th W, Cullman, AL 35057-6125
      View Details

    Similar Nearby for Sale

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      Waterfront Land in Cullman, Alabama

      Waterfront land for sale near Smith Lake, Cullman, Alabama.
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    31 Megan Ln
    Cullman, AL 35057-3369
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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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