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    Property profile & analytics

    357 Elba Hwy Troy, AL 36079-3043

    • Apartment buildings
    • 4,716 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US03-2192330
    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

    • Apartment buildings

    Property Details for 357 Elba Hwy

    Year built
    1991
    Construction
    WOOD
    Lot size
    0.96 lot acres
    Property size
    4,716 SF
    Zone code
    M
    Property type
    Apartment buildings
    APN
    55 17 03 05 4 011 005.000
    APU
    551703054011005000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Pike
    State
    Alabama
    Longitude
    -85.9649
    Latitude
    31.7818
    CBSA code
    45980
    CBSA name
    TROY, 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
    $12,273
    $0.00
    $0.00
    $332,160
    -
    $122,500
    $1,538,360
    $1,660,860

    Comparable in this City

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      3,640 SF

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      1,700 SF

      97 Ellen Dr

      APARTMENT HOUSE (5+ UNITS) • 1,700 SF
      97 Ellen Dr, Troy, AL 36079-3004
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      APARTMENT HOUSE (5+ UNITS) • 7,636 SF
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    • Value Estimation
      $410,000
      1,632 SF

      104 Thomas Cir

      APARTMENT HOUSE (5+ UNITS) • 1,632 SF
      104 Thomas Cir, Troy, AL 36079-3031
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      3,773 SF

      400 Jane Rd

      APARTMENT HOUSE (5+ UNITS) • 3,773 SF
      400 Jane Rd, Troy, AL 36079
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    • Value Estimation by Request
      0.33 Acres

      Troy, AL 36079

      MOBILE HOME PARK, TRAILER PARK • 0.33 Acres
      Troy, AL 36079
      View Details

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      Picturesque 4.5-acre property near Troy, Alabama, ideal for residential use.
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      Residential Lot in Gated Community

      Residential lot in Troy's only gated subdivision, Palos Verdes.
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      Commercial Land on Highway 167

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    Similar Nearby for Lease

    • Contact for pricing
      104,496 SF

      111 Southland Dr

      Retail properties • 104,496 SF
      111 Southland Dr, Troy, AL 36079
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    • $3 SF/Yr
      104,496 SF

      Troy Retail Center For Rent

      104,496 SF shopping center in Troy, Alabama.
      111 Southland Vlg, Troy, AL 36079
      View Details
    • Contact for pricing
      45,600 SF

      Prime Troy Retail Space Available

      Publix-anchored center, high traffic, 45,600 SF
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    357 Elba Hwy
    Troy, AL 36079-3043
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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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