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    Property profile & analytics

    401 Bingham Ave Ozark, AL 36360

    • Office buildings
    • 3.00 lot acres
    For Sale
    View listing
    $900,000
    Value Estimation
    Location Intelligence
    Property ID
    US03-1057119
    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

    • Office buildings

    Property Details for 401 Bingham Ave

    Year built
    1900
    Lot size
    3.00 lot acres
    Property type
    Office buildings
    APN
    06-08-34-1-008-001.000
    APU
    608341008001000

    Description

    This expansive 113,600 square foot warehouse, situated on a generous 10-acre lot in Ozark, Alabama, presents a significant investment opportunity. The property boasts a prime location with 725 feet of frontage on Bingham Avenue. The building, constructed in 1974 with additions in 1980, is subdivided into five distinct warehouse components, offering flexibility for various uses. A substantial enclosed loading dock spans 8,750 square feet, complemented by 1,250 square feet of office space. Further enhancing the property's functionality is a 24x48 foot mobile office located at the rear. The warehouse features impressive specifications, including clear ceiling heights ranging from 20 to 23 feet and column spacing of 25x30 feet. Loading capabilities are extensive, with eight truck dock doors and three rail docks, with the potential for CSX Rail access. A built-in truck scale adds to the property's operational advantages. To incentivize a quick sale, the seller is offering a $500,000 credit towards roof repair or replacement. This substantial credit significantly reduces the upfront investment required, making this property an exceptionally attractive proposition for discerning buyers. The property's size, features, and seller financing make it ideal for a variety of commercial uses.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $320,000
      7%
      $320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $345,000
      Mixed-Use
      $355,000
      Hospitality
      $320,000
      Educational
      $305,000
      Residential Income
      $335,000
      Energy
      $325,000
      Income-Based Land
      $355,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Ozark
    County
    Dale
    State
    Alabama
    Longitude
    -85.6223
    Latitude
    31.4543
    CBSA code
    37120
    CBSA name
    OZARK, 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
    $3,081
    $16,000
    $45,000
    $61,000
    -
    $30,000
    $275,000
    $305,000

    Comparable in this City

    • Value Estimation by Request
      0.82 Acres

      Community Dr

      OFFICE BUILDING • 0.82 Acres
      Community Dr, Ozark, AL 36360
      View Details
    • Value Estimation by Request
      0.51 Acres

      Reynolds St At S Merrick Ave

      OFFICE BUILDING • 0.51 Acres
      Reynolds St At S Merrick Ave, Ozark, AL 36360
      View Details
    • Value Estimation by Request
      1,166 SF

      Reynolds St

      OFFICE BUILDING • 1,166 SF
      Reynolds St, Ozark, AL 36360
      View Details
    • Value Estimation by Request
      1,020 SF

      Reynolds

      OFFICE BUILDING • 1,020 SF
      Reynolds, Ozark, AL 36360
      View Details
    • Value Estimation by Request
      1,800 SF

      Hwy 18

      OFFICE BUILDING • 1,800 SF
      Hwy 18, Ozark, AL 36360
      View Details
    • Value Estimation
      $40,000
      0.03 Acres

      182 Reynolds St

      OFFICE BUILDING • 0.03 Acres
      182 Reynolds St, Ozark, AL 36360-1439
      View Details

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      Residential lot in Ozark, close to amenities, no mobile homes.
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    Similar Nearby for Lease

    • $5 SF/Yr
      90,783 SF

      Midtown Plaza: Ozark Retail/Office

      High-visibility Ozark retail & office space.
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      View Details
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    401 Bingham Ave
    Ozark, AL 36360
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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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