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    Property profile & analytics

    3rd Ave Red Bay, AL 35582

    • Retail residential properties
    • 3,321 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $85,000
    Last Sale
    Nov 04, 2021
    $75,000
    Location Intelligence
    Property ID
    US03-1580703
    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 residential properties

    Property Details for 3rd Ave

    Year built
    2000
    Lot size
    0.19 lot acres
    Property size
    3,321 SF
    Property type
    Retail residential properties
    APN
    07 04 20 0 003 146.0000
    APU
    7042000031460000

    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 Bay
    County
    Franklin
    State
    Alabama
    Longitude
    -88.1397
    Latitude
    34.4404

    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
    $1,137
    $480
    $25,880
    $26,360
    -
    $0.00
    $0.00
    $131,800

    Comparable in this City

    • Value Estimation by Request
      2,456 SF

      Us Hwy 24

      STORES & APARTMENTS • 2,456 SF
      Us Hwy 24, Red Bay, AL 35582
      View Details
    • Value Estimation
      $395,000
      7,310 SF

      Main St

      STORES & APARTMENTS • 7,310 SF
      Main St, Red Bay, AL 35582
      View Details
    • Value Estimation
      $515,000
      16,492 SF

      Us Hwy 24

      STORES & APARTMENTS • 16,492 SF
      Us Hwy 24, Red Bay, AL 35582
      View Details
    • Value Estimation by Request
      0.01 Acres

      Golden Rd

      VACANT COMMERCIAL LAND • 0.01 Acres
      Golden Rd, Red Bay, AL 35582
      View Details
    • Value Estimation by Request
      3,000 SF

      Us Hwy 24

      COMMERCIAL (GENERAL) • 3,000 SF
      Us Hwy 24, Red Bay, AL 35582
      View Details
    • Value Estimation by Request
      2,960 SF

      Bullard Rd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,960 SF
      Bullard Rd, Red Bay, AL 35582
      View Details

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    • Contact for pricing
      0.64 Acres

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    3rd Ave
    Red Bay, AL 35582
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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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