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    Property profile & analytics

    363 Water Oak St Oakman, AL 35579-3207

    • Office buildings
    • 1,088 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Location Intelligence
    Property ID
    US03-1718441
    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

    • Oaks Apartments / Apartment Complex

    Property Details for 363 Water Oak St

    Year built
    1982
    Lot size
    2.00 lot acres
    Property size
    1,088 SF
    Zone code
    SF
    Property type
    Office buildings
    APN
    21-08-28-2-000-031.000
    APU
    2108282000031000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakman
    County
    Walker
    State
    Alabama
    Longitude
    -87.3854
    Latitude
    33.7172
    CBSA code
    27530
    CBSA name
    JASPER, 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
    $2,862
    $4,000
    $152,440
    $156,440
    -
    $20,000
    $762,200
    $782,200

    Comparable in this City

    • Value Estimation by Request
      1,152 SF

      Hwy 69s

      OFFICE BUILDING • 1,152 SF
      Hwy 69s, Oakman, AL 35579
      View Details
    • Value Estimation
      $485,000
      1,145 SF

      Oakman, AL 35579

      OFFICE BUILDING • 1,145 SF
      Oakman, AL 35579
      View Details
    • Value Estimation by Request
      2,704 SF

      Oakman, AL 35579

      MEDICAL BUILDING • 2,704 SF
      Oakman, AL 35579
      View Details
    • Value Estimation by Request
      1,000 SF

      Oakman, AL 35579

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,000 SF
      Oakman, AL 35579
      View Details
    • Value Estimation by Request
      1,920 SF

      Oakman, AL 35579

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,920 SF
      Oakman, AL 35579
      View Details
    • Value Estimation by Request
      1,710 SF

      Oakman, AL 35579

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,710 SF
      Oakman, AL 35579
      View Details

    Similar Nearby for Sale

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      40 acres of hunting land with young pine timber.
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      Riverfront Lot with Metal Garage

      Scenic riverfront lot featuring a metal garage and deck.
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    363 Water Oak St
    Oakman, AL 35579-3207
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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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