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

    35128 Al Hwy 55 Red Level, AL 36474-2016

    • Grocery and convenience stores
    • 1,120 SF
    • 1.98 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2706936
    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

    • Grocery and convenience stores

    Property Details for 35128 Al Hwy 55

    Year built
    1972
    Lot size
    1.98 lot acres
    Property size
    1,120 SF
    Property type
    Grocery and convenience stores
    APN
    23-07-08-28-0-000-004.000
    APU
    230708280000004000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Red Level
    County
    Covington
    State
    Alabama
    Longitude
    -86.5641
    Latitude
    31.3743

    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
    $602
    $3,240
    $19,032
    $22,272
    -
    $16,200
    $95,160
    $111,360

    Comparable in this City

    • Value Estimation by Request
      7,700 SF

      Main St

      GROCERY, SUPERMARKET • 7,700 SF
      Main St, Red Level, AL 36474
      View Details
    • Value Estimation by Request
      840 SF

      Co Hwy 107

      CONVENIENCE STORE • 840 SF
      Co Hwy 107, Red Level, AL 36474
      View Details
    • Value Estimation
      $410,000
      9,384 SF

      35747 Al Hwy 55

      RETAIL STORES (PERSONAL SERVICES) • 9,384 SF
      35747 Al Hwy 55, Red Level, AL 36474-2343
      View Details
    • Value Estimation by Request
      2,280 SF

      Red Level, AL 36474

      RETAIL STORES (PERSONAL SERVICES) • 2,280 SF
      Red Level, AL 36474
      View Details
    • Value Estimation by Request
      703 SF

      Red Level, AL 36474

      RETAIL STORES (PERSONAL SERVICES) • 703 SF
      Red Level, AL 36474
      View Details
    • Value Estimation by Request
      1,620 SF

      Red Level, AL 36474

      FINANCIAL BUILDING • 1,620 SF
      Red Level, AL 36474
      View Details

    Similar Nearby for Sale

    • $44,390
      7.72 Acres

      Cleared Land in Red Level

      7.72 acres of cleared land ready for development.
      T Bridge Rd, Red Level, AL 36474
      View Details
    • $139,900
      30.31 Acres

      Unrestricted Land in Red Level, AL

      30.31 acres of unrestricted land ready for your dream home.
      30.31 Acres Us Hwy 84 W, Red Level, AL 36474
      View Details
    • $129,900
      1,804 SF

      Updated Farmhouse on 2.44 Acres

      Updated 1920's farmhouse with modern amenities on 2.44 acres.
      4090 Grange Forge Rd, Red Level, AL 36474
      View Details
    • $51,060
      8.80 Acres

      Land/Acreage in Red Level, AL

      8.8 acres of land for sale in Red Level.
      Welcome Church Rd, Red Level, AL 36474
      View Details
    • $140,000
      32.00 Acres

      32 Acres of Vacant Land

      Land with hunting potential in a quiet, rural setting.
      32+/- Acres Hesters Store Rd, Red Level, AL 36474
      View Details
    • New
      $235,000
      48.00 Acres

      Farmland with Development Potential

      48 acre farmland suitable for homestead or recreation.
      County Road 107, Red Level, AL 36474
      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.
    35128 Al Hwy 55
    Red Level, AL 36474-2016
    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.