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    Property profile & analytics

    312 Highland Ave Selma, AL 36701-6223

    • Drive through restaurants
    • 3,752 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 17, 2023
    Location Intelligence
    Property ID
    US03-1277860
    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

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 312 Highland Ave

    Year built
    2011
    Construction
    WOOD
    Lot size
    0.59 lot acres
    Property size
    3,752 SF
    Zone code
    C
    Property type
    Drive through restaurants
    APN
    11062340090060020
    APU
    11062340090060020

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Dallas
    State
    Alabama
    Longitude
    -87.0351
    Latitude
    32.4307
    CBSA code
    42820
    CBSA name
    SELMA, 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
    $10,996
    $0.00
    $0.00
    $191,240
    -
    $130,800
    $825,400
    $956,200

    Comparable in this City

    • Value Estimation by Request
      1,372 SF

      4001 Al Hwy 41

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,372 SF
      4001 Al Hwy 41, Selma, AL 36701-7831
      View Details
    • Value Estimation by Request
      2,908 SF

      1806 Dallas Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,908 SF
      1806 Dallas Ave, Selma, AL 36701-7025
      View Details
    • Value Estimation by Request
      5,406 SF

      604 Highland Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,406 SF
      604 Highland Ave, Selma, AL 36701-4924
      View Details
    • Value Estimation by Request
      2,976 SF

      303 Highland Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,976 SF
      303 Highland Ave, Selma, AL 36701-6224
      View Details
    • Value Estimation by Request
      2,953 SF

      1516 Highland Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,953 SF
      1516 Highland Ave, Selma, AL 36701-6607
      View Details
    • Value Estimation
      $1,910,000
      2,657 SF

      2407 Broad St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,657 SF
      2407 Broad St, Selma, AL 36701-4010
      View Details

    Similar Nearby for Sale

    • $395,000
      3,659 SF

      Selma Commercial Building on Highland

      Well-located commercial building on a busy Selma corridor.
      1208 W Highland Ave, Selma, AL 36701
      View Details
    • $195,000
      7,950 SF

      Highway Frontage Commercial Property, Selma

      1.37 acre commercial property with highway frontage in Selma, AL.
      408 Hwy 80 E, Selma, AL 36701
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    • $385,000
      0.70 Acres

      Selma Retail Strip Mall Investment

      High-traffic location, excellent income potential.
      1909 Dallas Ave, Selma, AL 36701
      View Details
    • $669,000
      5,616 SF

      Selma Retail Investment Opportunity

      High-traffic Selma retail building, 5,547 rentable sq ft.
      2003 Highland Ave, Selma, AL 36701
      View Details
    • $39,900
      3,805 SF

      Mixed-Use Building in Selma, Alabama

      2509 sqft building with retail, apartment, and laundry potential.
      313 Parkman Ave, Selma, AL 36701
      View Details
    • $2,308,409
      689.00 Acres

      Rare Riverfront Land Tract For Sale

      689 acre riverfront tract with diverse timber and wildlife habitat.
      AL 14 Hwy, Selma, AL 36701
      View Details
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    312 Highland Ave
    Selma, AL 36701-6223
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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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