Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    401 Race St Selma, AL 36703-1603

    • Office buildings
    • 630 SF
    • 61.00 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    May 12, 2021
    $300,000
    Location Intelligence
    Property ID
    US03-1171716
    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 Race St

    Year built
    1960
    Lot size
    61.00 lot acres
    Property size
    630 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    12092900030020000
    APU
    12092900030020000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Dallas
    State
    Alabama
    Longitude
    -86.995
    Latitude
    32.4195
    CBSA code
    42820
    CBSA name
    SELMA, 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
    $1,181
    $0.00
    $0.00
    $20,540
    -
    $108,600
    $53,700
    $162,300

    Comparable in this City

    • Value Estimation by Request
      3,846 SF

      Riv Rd

      OFFICE BUILDING • 3,846 SF
      Riv Rd, Selma, AL 36703
      View Details
    • Value Estimation by Request
      6,000 SF

      126 Washington St

      OFFICE BUILDING • 6,000 SF
      126 Washington St, Selma, AL 36703-4443
      View Details
    • Value Estimation by Request
      5,049 SF

      1120 Water Ave

      OFFICE BUILDING • 5,049 SF
      1120 Water Ave, Selma, AL 36703-4619
      View Details
    • Value Estimation by Request
      1,589 SF

      2851 Earl Goodwin Pkwy

      OFFICE BUILDING • 1,589 SF
      2851 Earl Goodwin Pkwy, Selma, AL 36703-2704
      View Details
    • Value Estimation by Request
      3,072 SF

      Ear Goodwin Pkwy

      OFFICE BUILDING • 3,072 SF
      Ear Goodwin Pkwy, Selma, AL 36703
      View Details
    • Value Estimation by Request
      1,913 SF

      306 Old Montgomery Rd

      OFFICE BUILDING • 1,913 SF
      306 Old Montgomery Rd, Selma, AL 36703-7425
      View Details

    Similar Nearby for Sale

    • $4,084,364
      24,849 SF

      Selma Shopping Center Investment

      High-yield, 100% occupied retail center
      2414 Kimble Rd, Manila, AL 36703
      View Details
    • $30,000

      Selma Avenue Commercial Corner Lot

      Prime Selma location, retail/residential potential.
      1505 Selma Ave, Selma, AL 36703
      View Details
    • Contact for pricing
      0.96 Acres

      Valley Grande Building Lot

      Residential land available in Valley Grande, Alabama.
      Porter Cir, Valley Grande, AL 36703
      View Details
    • $39,000
      1.03 Acres

      Residential Land in Selma, Alabama

      Residential land available for building a new home.
      101 Porter Cir, Selma, AL 36703
      View Details
    • $34,900
      0.34 Acres

      Land For Sale, Selma, AL

      Land available in Selma, Alabama.
      1112 Highland Ave, Selma, AL 36703
      View Details
    • $3,889,000

      Mixed-Asset Portfolio in Dallas County

      17-property portfolio with mobile home communities, industrial shell, and commercial land.
      1903 Highway 14 E, Selma, AL 36703
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    401 Race St
    Selma, AL 36703-1603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.