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    Property profile & analytics

    38 Main St Arab, AL 35016-1239

    • Retail space
    • 1,844 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 03, 2023
    Location Intelligence
    Property ID
    US03-0486727
    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

    • Retail space

    Property Details for 38 Main St

    Year built
    1930
    Lot size
    0.05 lot acres
    Property size
    1,844 SF
    Zone code
    11
    Property type
    Retail space
    APN
    13-07-26-1-001-015.001
    APU
    1307261001015001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arab
    County
    Marshall
    State
    Alabama
    Longitude
    -86.4955
    Latitude
    34.3172
    CBSA code
    10700
    CBSA name
    ALBERTVILLE, 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
    $706
    $1,340
    $16,100
    $17,440
    -
    $6,700
    $80,500
    $87,200

    Comparable in this City

    • Value Estimation by Request
      650 SF

      8 1st NW Ave

      RETAIL STORES (PERSONAL SERVICES) • 650 SF
      8 1st NW Ave, Arab, AL 35016-1349
      View Details
    • Value Estimation by Request
      3,000 SF

      2336 Brindlee Mtn Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      2336 Brindlee Mtn Pkwy, Arab, AL 35016-5133
      View Details
    • Value Estimation by Request
      3,090 SF

      407 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,090 SF
      407 Main St, Arab, AL 35016-1238
      View Details
    • Value Estimation by Request
      1,344 SF

      76 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,344 SF
      76 Main St, Arab, AL 35016-1239
      View Details
    • Value Estimation by Request
      1,600 SF

      Us Hwy 231

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      Us Hwy 231, Arab, AL 35016
      View Details
    • Value Estimation by Request
      2,520 SF

      1st NW St

      RETAIL STORES (PERSONAL SERVICES) • 2,520 SF
      1st NW St, Arab, AL 35016
      View Details

    Similar Nearby for Sale

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      0.39 Acres

      Corner Lot Commercial Property

      9500 sq ft commercial property on corner lot.
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    • $165,000

      Downtown Arab Commercial Opportunity

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    • $259,000
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      High-traffic corner lot with rental income potential in Arab, AL.
      10047 Hwy, Arab, AL 35016
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    • $6,300,000
      1.55 Acres

      Retail Building with Warehouse

      44,000 SF retail building with additional 12,500 SF warehouse.
      124 Brindlee Mountain Pkwy, Arab, AL 35016
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    • $350,000

      Commercial Building on Main Street

      Commercial building with high visibility and long-term renter potential.
      155 North Main St, Arab, AL 35016
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    • $125,000
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      Downtown Arab Commercial Opportunity

      Prime commercial real estate with unique green space in Arab.
      11 1St St NW, Arab, AL 35016
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    Similar Nearby for Lease

    • $9 SF/Yr
      12,000 SF

      Brindlee Mountain Retail Space

      High-traffic Arab, AL retail space.
      576 Brindlee Mountain Pkwy, Arab, AL 35016
      View Details
    • $750 /Mo

      Office Space For Lease

      750 SF office space available for lease.
      9582 Hwy, Arab, AL 35016
      View Details
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    38 Main St
    Arab, AL 35016-1239
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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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