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    Property profile & analytics

    35128 Al Hwy 55 Red Level, AL 36474-2016

    • Warehouses
    • 2,042 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2814535
    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

    • Warehouses

    Property Details for 35128 Al Hwy 55

    Year built
    1950
    Lot size
    0.50 lot acres
    Property size
    2,042 SF
    Property type
    Warehouses
    APN
    23-06-01-12-3-003-016.000
    APU
    230601123003016000

    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
    -86.6121
    Latitude
    31.4088

    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
    $75
    $1,000
    $1,172
    $2,172
    -
    $5,000
    $5,860
    $10,860

    Comparable in this City

    • Value Estimation by Request
      1,120 SF

      New Home Rd

      WAREHOUSE, STORAGE • 1,120 SF
      New Home Rd, Red Level, AL 36474
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    • Value Estimation by Request
      1,400 SF

      29091 County Yard Rd

      WAREHOUSE, STORAGE • 1,400 SF
      29091 County Yard Rd, Red Level, AL 36474
      View Details
    • Value Estimation by Request
      5,000 SF

      29627 Main St

      WAREHOUSE, STORAGE • 5,000 SF
      29627 Main St, Red Level, AL 36474
      View Details
    • Value Estimation by Request
      1,179 SF

      29497 Main St

      WAREHOUSE, STORAGE • 1,179 SF
      29497 Main St, Red Level, AL 36474-2158
      View Details
    • Value Estimation by Request
      2,800 SF

      Red Level, AL 36474

      MINI-WAREHOUSE, STORAGE • 2,800 SF
      Red Level, AL 36474
      View Details
    • Value Estimation by Request
      1,080 SF

      Red Level, AL 36474

      WAREHOUSE, STORAGE • 1,080 SF
      Red Level, AL 36474
      View Details

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    Red Level, AL 36474-2016
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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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